World - Cherries (Sour) - Market Analysis, Forecast, Size, Trends and Insights
Cherry Market - Spain’s Sour Cherry Exports Surged 43% in 2014
Spain dominates in the global sour cherry trade. In 2014, Spain exported 7 thousand tonnes of sour cherry totaling 20 million USD, 43% over the previous year. Its primary trading partner on the global cherry market was the United Kingdom, where it supplied 23% of its total sour cherry exports in value terms, accounting for the lion's share of the United Kingdom's total imports.
Overall, the global sour cherry trade reached 99 million USD, with a CAGR of 2% from 2012 to 2014. In physical terms, it showed steady growth, rising from 54 thousand tonnes in 2012 to 64 thousand tonnes in 2014.
In 2014, Singapore (19%), Germany (17%), the Russian Federation (17%), the U.S. (7%) and Belarus (5%) were the leading destinations of sour cherry imports, together making up 65% of global imports. The share of Belarus increased (+4 percentage points), while the share of Germany illustrated negative dynamics (-14 percentage points).
The U.S. and Hungary were among the other main global suppliers of sour cherry in 2014 with a combined 39% share of global exports. However, the fastest growing exporters from 2007 to 2014 were Belarus (+118% per year) and the U.S. (+106% per year). The U.S. significantly strengthened its position in the global export structure, from 5% in 2007 to 20% in 2014.
Do you want to know more about the global cherry market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- cherry market share
- cherry prices
- cherry industry
- cherry sales
- cherry market forecast
- cherry price forecast
- key cherry producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global sour cherry market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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