Sour Cherry Market
Sour cherry market: download newly released data secured by an Ai-driven market intelligence tool. Facts and figures include market prices, market size, consumption, companies, trade, production, exports, and imports. There is a split by region, including EU, the U.K., the U.S., Africa, Latin America, China, the Middle East, and Russia. Market dynamics and forecast to 2030 are also provided in the dashboards.
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Sour Cherry - World's Largest Markets
Rating | Country |
---|---|
1 | United States |
2 | Russia |
3 | Turkey |
4 | Poland |
5 | Iran |
In value terms, the United States, Russia and Turkey appeared to be the countries with the highest levels of market value in 2021, with a combined 57% share of the global market. These countries were followed by Poland, Iran, Ukraine, Uzbekistan, Serbia, Azerbaijan, Romania, Hungary and Belarus, which together accounted for a further 34%.
Belarus recorded the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while sour cherry market for the other global leaders experienced more modest paces of growth.
Sour Cherry Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per ton | ||||
Croatia | 1076 | 495 | 418 | -37.7% |
North Macedonia | 480 | 500 | 422 | -6.2% |
Serbia | 664 | 770 | 650 | -1.1% |
Moldova | 759 | 799 | 674 | -5.8% |
Hungary | 1059 | 870 | 735 | -16.7% |
Czech Republic | 876 | 899 | 759 | -6.9% |
Poland | 1037 | 1012 | 923 | -5.7% |
Syrian Arab Republic | 584 | 1322 | 1116 | 38.2% |
Lebanon | 2422 | 1466 | 1237 | -28.5% |
Spain | 2868 | 3865 | 3139 | 4.6% |
United States | 5799 | 7529 | 6353 | 4.7% |
Average | 1589 | 1682 | 1484 | -3.3% |
Prices varied noticeably by the country of origin; the country with the highest price was the United States ($6,353 per ton), while Croatia ($418 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per ton | ||||
China | 7074 | 9000 | 7925 | 5.8% |
Kuwait | 4893 | 3495 | 3482 | -15.6% |
Italy | 1515 | 1311 | 1910 | 12.3% |
Netherlands | 1704 | 2953 | 1520 | -5.6% |
Saudi Arabia | 1215 | 1416 | 1319 | 4.2% |
Vietnam | 1228 | 1443 | 1284 | 2.3% |
Russia | 936 | 1132 | 1065 | 6.7% |
Romania | 758 | 896 | 969 | 13.1% |
Belarus | 1195 | 1199 | 962 | -10.3% |
Germany | 965 | 711 | 774 | -10.4% |
Austria | 743 | 513 | 605 | -9.8% |
Bosnia and Herzegovina | 648 | 648 | 587 | -4.8% |
Average | 1341 | 1407 | 1438 | 3.5% |
Prices varied noticeably by the country of destination; the country with the highest price was China ($7,925 per ton), while Bosnia and Herzegovina ($587 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Romania, while the other global leaders experienced more modest paces of growth.
Sour Cherry - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
million USD | ||||
Germany | 17 | 18 | 15 | -4.1% |
China | 9.7 | 9.8 | 9.7 | 0.2% |
Saudi Arabia | 7.9 | 9.9 | 8.9 | 6.3% |
Russia | 11 | 7.4 | 6.2 | -23.7% |
Netherlands | 2.1 | 4 | 4 | 36.5% |
In value terms, the largest sour cherry importing markets worldwide were Germany ($15M), China ($9.7M) and Saudi Arabia ($8.9M), together comprising 37% of global imports. These countries were followed by Russia, the Netherlands, Kuwait, Belarus, Vietnam, Austria, Italy, Romania and Bosnia and Herzegovina, which together accounted for a further 28%.
Romania saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Sour Cherry - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
million USD | ||||
United States | 18 | 28 | 23 | 10.6% |
Spain | 4.8 | 7.7 | 9.8 | 42.5% |
Hungary | 11 | 9.7 | 8.4 | -12.5% |
Serbia | 9.5 | 11 | 6.6 | -16.5% |
Poland | 5.4 | 6.9 | 6.5 | 9.3% |
In value terms, the United States ($23M) remains the largest sour cherry supplier worldwide, comprising 23% of global exports. The second position in the ranking was occupied by Spain ($9.8M), with a 9.9% share of global exports. It was followed by Hungary, with a 8.4% share.
From 2019 to 2021, the average annual rate of growth in terms of value in the United States amounted to +10.6%. In the other countries, the average annual rates were as follows: Spain (+42.5% per year) and Hungary (-12.5% per year).
Sour Cherry - Market Forecast
Driven by rising demand for sour cherry worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Sour Cherry - Top Companies
Chiquita Brands International, Inc., Dole Food Company, Inc., ENZAFRUIT NEW ZEALAND INTERNATIONAL LIMITED, DOLE PHILIPPINES, INC., Dhm Holding Company, Inc, Sanya Haitangwan Jinong Planting & Breeding Farmer Specialty Cooperative, Coffee Plantations Development Enterprise, PREMIER FARMS PTY LTD, Henry Avocado Corporation, Gartnerhallen Sa, DAK LAK SEPTEMBER 2ND IMPORT - EXPORT LIMITED COMPANY, Xinjiang Guannong Fruit and Antler Group Co., Ltd., Chiquita Brands L.L.C., NEW ZEALAND APPLE LIMITED, Copefrut, S.A., Agrícola Famosa Ltda, TAGUM AGRICULTURAL DEVELOPMENT COMPANY, INC., DEK Deutsche Extrakt Kaffee GmbH, MONTAGUE BROS. PTY. LTD., SEEKA LIMITED
Sour Cherry - Product Coverage
- HS 080921 - Fruit, edible; sour cherries (Prunus cerasus), fresh
This report provides an in-depth analysis of the global sour cherry market.
This report provides an in-depth analysis of the sour cherry market in Latin America and the Caribbean.
This report provides an in-depth analysis of the sour cherry market in Australia and Oceania.
This report provides an in-depth analysis of the sour cherry market in South-Eastern Asia.
This report provides an in-depth analysis of the sour cherry market in Africa.
This report provides an in-depth analysis of the sour cherry market in Eastern Asia.
This report provides an in-depth analysis of the sour cherry market in the Middle East.
This report provides an in-depth analysis of the sour cherry market in Southern Asia.
This report provides an in-depth analysis of the sour cherry market in Northern America.
This report provides an in-depth analysis of the sour cherry market in Central Asia.
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