Romania - Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Romania - Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights

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Sour Cherry Price in Romania - 2023

Contents:

  1. Sour Cherry Price in Romania (CIF) - 2023
  2. Sour Cherry Price in Romania (FOB) - 2022
  3. Sour Cherry Imports in Romania
  4. Sour Cherry Exports in Romania

Sour Cherry Price in Romania (CIF) - 2023

The average sour cherry import price stood at $1,090 per ton in August 2023, with an increase of 18% against the previous month. In general, the import price posted a measured expansion. The most prominent rate of growth was recorded in September 2022 an increase of 571% m-o-m. As a result, import price attained the peak level of $4,805 per ton. From October 2022 to August 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($5,837 per ton), while the price for Poland ($854 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Hungary (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Sour Cherry Price in Romania (FOB) - 2022

The average sour cherry export price stood at $2,683 per ton in 2022, reducing by -23.9% against the previous year. In general, the export price, however, posted prominent growth. The most prominent rate of growth was recorded in 2019 an increase of 120%. Over the period under review, the average export prices reached the maximum at $3,527 per ton in 2021, and then reduced dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($3,640 per ton), while the average price for exports to Belgium ($1,900 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 Germany (+32.5%), while the prices for the other major destinations experienced more modest paces of growth.

Sour Cherry Imports in Romania

In 2022, the amount of sour cherries imported into Romania surged to 2.4K tons, increasing by 42% compared with the previous year's figure. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sour cherry imports soared to $2M in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 53% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Import of Sour Cherry in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary3526779631,26753.3%
Serbia14050945740842.8%
MoldovaN/A24.123.6219201.4%
Greece31543.612859.3-42.7%
Poland27.13.034.632.76.5%
Others6.632.721.925.957.7%
Total8411,2891,6282,01233.7%

Top Suppliers of Sour Cherry to Romania in 2022:

  1. Hungary (1716.3 tons)
  2. Serbia (381.4 tons)
  3. Moldova (183.0 tons)
  4. Poland (44.5 tons)
  5. Greece (29.2 tons)

Sour Cherry Exports in Romania

In 2022, overseas shipments of sour cherries decreased by -25.5% to 5.3 tons, falling for the second year in a row after two years of growth. Overall, exports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 192% against the previous year. As a result, the exports reached the peak of 11 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, sour cherry exports shrank markedly to $14K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 284% against the previous year. As a result, the exports reached the peak of $31K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Sour Cherry in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain3.812.59.35.915.8%
Italy2.47.86.32.40.0%
BelgiumN/AN/AN/A2.10%
France0.81.43.01.523.3%
IrelandN/AN/A3.81.5-60.5%
DenmarkN/A2.3N/A0.9-37.4%
SwedenN/A4.82.0N/A-58.3%
United KingdomN/A1.10.1N/A-90.9%
Greece1.10.1N/AN/A-90.9%
OthersN/A1.40.90.1-73.3%
Total8.231.425.314.320.4%

Top Export Markets for Sour Cherry from Romania in 2022:

  1. Spain (2028.0 kg)
  2. Belgium (1105.0 kg)
  3. Italy (897.0 kg)
  4. France (570.0 kg)
  5. Ireland (468.0 kg)
  6. Denmark (236.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sour cherry market in Romania. 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:

  • Romania

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Romania
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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