Belgium - Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSour Cherry Price in Belgium - 2023
Contents:
- Sour Cherry Price in Belgium (CIF) - 2023
- Sour Cherry Price in Belgium (FOB) - 2022
- Sour Cherry Imports in Belgium
- Sour Cherry Exports in Belgium
Sour Cherry Price in Belgium (CIF) - 2023
In August 2023, the average sour cherry import price amounted to $958 per ton, increasing by 3.2% against the previous month. In general, import price indicated a perceptible increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, sour cherry import price decreased by -38.8% against March 2023 indices. The growth pace was the most rapid in March 2023 an increase of 56% month-to-month. As a result, import price reached the peak level of $1,567 per ton. From April 2023 to August 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From August 2022 to August 2023, the rate of growth in terms of prices for the Netherlands amounted to +0.9% per month.
Sour Cherry Price in Belgium (FOB) - 2022
The average sour cherry export price stood at $1,578 per ton in 2022, with a decrease of -25.5% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 92% against the previous year. The export price peaked at $2,117 per ton in 2021, and then plummeted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($4,208 per ton), while the average price for exports to the Netherlands ($898 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 Luxembourg (+4.7%), while the prices for the other major destinations experienced a decline.
Sour Cherry Imports in Belgium
Sour cherry imports into Belgium reduced markedly to 550 tons in 2022, which is down by -22.6% on the previous year. Overall, imports recorded a abrupt setback. The smallest decline of -0.1% was in 2021.
In value terms, sour cherry imports dropped sharply to $450K in 2022. In general, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 3%.
| Import of Sour Cherry in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 355 | 208 | 358 | 329 | -2.5% |
| Netherlands | 453 | 482 | 319 | 99.0 | -39.8% |
| Hungary | N/A | N/A | 3.4 | 22.7 | 567.6% |
| Others | 6.6 | 25.4 | 56.5 | N/A | 192.6% |
| Total | 814 | 715 | 737 | 450 | -17.9% |
Top Suppliers of Sour Cherry to Belgium in 2022:
- Czech Republic (384.1 tons)
- Netherlands (115.5 tons)
- Hungary (50.1 tons)
Sour Cherry Exports in Belgium
In 2022, after two years of decline, there was significant growth in overseas shipments of sour cherries, when their volume increased by 113% to 130 tons. Overall, exports, however, recorded a precipitous shrinkage.
In value terms, sour cherry exports skyrocketed to $206K in 2022. Over the period under review, exports, however, recorded a dramatic shrinkage.
| Export of Sour Cherry in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Luxembourg | 0.1 | 135 | 105 | 103 | 909.9% |
| Netherlands | 623 | 251 | 4.6 | 87.9 | -47.9% |
| Greece | 16.6 | 7.3 | 15.0 | 12.9 | -8.1% |
| Germany | 754 | 421 | 0.1 | N/A | -98.8% |
| Others | 0.9 | 86.9 | 5.1 | 2.1 | 32.6% |
| Total | 1,394 | 900 | 130 | 206 | -47.1% |
Top Export Markets for Sour Cherry from Belgium in 2022:
- Netherlands (97.9 tons)
- Luxembourg (24.5 tons)
- Greece (7.1 tons)
This report provides an in-depth analysis of the sour cherry market in Belgium. 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
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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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