South Africa - Cherries and Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Cherry and Sour Cherry in South Africa - 2023
Contents:
- Price for Cherry and Sour Cherry in South Africa (FOB) - 2022
- Price for Cherry and Sour Cherry in South Africa (CIF) - 2022
- Exports of Cherry and Sour Cherry in South Africa
- Imports of Cherry and Sour Cherry in South Africa
Price for Cherry and Sour Cherry in South Africa (FOB) - 2022
In 2022, the average cherry and sour cherry export price amounted to $7,287 per ton, remaining stable against the previous year. Over the period under review, the export price recorded a significant expansion. The growth pace was the most rapid in 2013 an increase of 82%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($14,410 per ton), while the average price for exports to Lesotho ($616 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+28.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cherry and Sour Cherry in South Africa (CIF) - 2022
The average cherry and sour cherry import price stood at $5,269 per ton in 2022, increasing by 21% against the previous year. In general, the import price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2013 an increase of 123% against the previous year. As a result, import price attained the peak level of $6,769 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($5,302 per ton), while the price for Bulgaria ($4,763 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+57.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cherry and Sour Cherry in South Africa
Cherry and sour cherry exports from South Africa surged to 1.2K tons in 2022, jumping by 45% against the previous year's figure. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 78%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, cherry and sour cherry exports skyrocketed to $8.6M in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 141% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Cherry and Sour Cherry in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 583 | 1,384 | 4,041 | 4,196 | 93.1% |
| United Arab Emirates | 223 | 302 | N/A | 1,053 | 67.8% |
| Malaysia | 6.2 | 135 | 82.7 | 673 | 377.0% |
| Netherlands | 368 | 301 | 281 | 460 | 7.7% |
| Cambodia | 6.1 | N/A | N/A | 361 | 289.7% |
| Qatar | 7.3 | 7.3 | 237 | 271 | 233.6% |
| India | N/A | 14.7 | 227 | 269 | 327.8% |
| Saudi Arabia | N/A | N/A | 39.2 | 221 | 463.8% |
| Singapore | N/A | 11.9 | 64.6 | 191 | 300.6% |
| Mauritius | 179 | 28.4 | 63.5 | 143 | -7.2% |
| Botswana | 78.5 | 74.7 | 98.1 | 100 | 8.4% |
| Lesotho | 16.6 | 19.7 | 28.9 | 22.1 | 10.0% |
| Tanzania | 19.5 | 10.6 | 13.9 | 12.3 | -14.2% |
| Others | 538 | 167 | 742 | 660 | 7.1% |
| Total | 2,025 | 2,456 | 5,918 | 8,631 | 62.1% |
Top Export Markets for Cherry and Sour Cherry from South Africa in 2022:
- United Kingdom (571.4 tons)
- United Arab Emirates (121.0 tons)
- Malaysia (95.6 tons)
- Netherlands (50.4 tons)
- Botswana (37.3 tons)
- Lesotho (35.8 tons)
- Qatar (28.6 tons)
- Cambodia (27.9 tons)
- Saudi Arabia (22.3 tons)
- Mauritius (21.7 tons)
- India (18.7 tons)
- Singapore (18.5 tons)
- Tanzania (18.2 tons)
Imports of Cherry and Sour Cherry in South Africa
In 2022, the amount of cherries and sour cherries imported into South Africa soared to 117 tons, with an increase of 67% on the previous year. Over the period under review, imports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 82% against the previous year. As a result, imports reached the peak of 289 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cherry and sour cherry imports soared to $616K in 2022. Overall, imports recorded perceptible growth.
| Import of Cherry and Sour Cherry in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 52.9 | 227 | 262 | 399 | 96.1% |
| United Kingdom | 129 | 232 | 15.6 | 198 | 15.4% |
| Bulgaria | N/A | N/A | N/A | 18.7 | 0% |
| Italy | 206 | 91.9 | 27.9 | N/A | -63.2% |
| Turkey | 169 | 437 | N/A | N/A | 158.6% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 557 | 988 | 305 | 616 | 3.4% |
Top Suppliers of Cherry and Sour Cherry to South Africa in 2022:
- Spain (75.3 tons)
- United Kingdom (37.7 tons)
- Bulgaria (3.9 tons)
This report provides an in-depth analysis of the market for cherry and sour cherry in South Africa. 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 2030.
Product coverage:
- FCL 530 - Sour cherries
- FCL 531 - Cherries
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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