South Africa - Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSour Cherry Price in South Africa - 2023
Contents:
- Sour Cherry Price in South Africa (FOB) - 2023
- Sour Cherry Price in South Africa (CIF) - 2022
- Sour Cherry Exports in South Africa
- Sour Cherry Imports in South Africa
Sour Cherry Price in South Africa (FOB) - 2023
In November 2023, the average sour cherry export price amounted to $9,294 per ton, waning by -4.8% against the previous month. In general, the export price, however, recorded a strong expansion. The pace of growth was the most pronounced in March 2023 an increase of 773% against the previous month. Over the period under review, the average export prices attained the maximum at $9,823 per ton in June 2023; however, from July 2023 to November 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Cambodia ($12,523 per ton), while the average price for exports to Mozambique ($780 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+45.9%), while the prices for the other major destinations experienced more modest paces of growth.
Sour Cherry Price in South Africa (CIF) - 2022
The average sour cherry import price stood at $8,816 per ton in June 2022, flattening at the previous month. Overall, the import price saw a measured expansion. Over the period under review, average import prices hit record highs in June 2022.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From July 2021 to June 2022, the rate of growth in terms of prices for Spain amounted to 0.0% per month.
Sour Cherry Exports in South Africa
In 2022, exports of sour cherries from South Africa soared to 217 tons, with an increase of 61% compared with the year before. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 72%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, sour cherry exports soared to $2.1M in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 114% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Sour Cherry in South Africa (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 206 | 610 | 365 | 564 | 39.9% |
United Arab Emirates | 10.9 | 5.8 | N/A | 539 | 267.0% |
India | N/A | 13.2 | 261 | 269 | 351.4% |
Qatar | 16.8 | N/A | 19.2 | 201 | 128.7% |
Netherlands | N/A | 0.1 | 98.7 | 129 | 3491.7% |
Cambodia | 14.0 | N/A | N/A | 90.3 | 86.1% |
Mauritius | 12.5 | N/A | 31.7 | 54.7 | 63.6% |
Singapore | N/A | N/A | 27.3 | 53.7 | 96.7% |
Spain | N/A | N/A | N/A | 53.3 | 0% |
Botswana | 42.2 | 38.7 | 20.5 | 19.8 | -22.3% |
Kenya | N/A | N/A | 27.1 | 15.6 | -42.4% |
Lesotho | 9.5 | 11.1 | 12.5 | 9.0 | -1.8% |
Mozambique | 3.5 | 1.8 | 1.3 | 3.2 | -2.9% |
Others | 43.0 | 85.1 | 186 | 138 | 47.5% |
Total | 358 | 766 | 1,050 | 2,141 | 81.5% |
Top Export Markets for Sour Cherry from South Africa in 2022:
- United Kingdom (58.8 tons)
- United Arab Emirates (52.7 tons)
- India (18.7 tons)
- Qatar (18.1 tons)
- Netherlands (10.6 tons)
- Cambodia (7.4 tons)
- Lesotho (6.9 tons)
- Mauritius (6.6 tons)
- Spain (5.4 tons)
- Mozambique (5.1 tons)
- Singapore (4.9 tons)
- Kenya (4.0 tons)
- Botswana (2.5 tons)
Sour Cherry Imports in South Africa
In 2022, the amount of sour cherries imported into South Africa soared to 27 tons, surging by 731% against the year before. In general, imports enjoyed a strong expansion.
In value terms, sour cherry imports skyrocketed to $229K in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Sour Cherry in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | N/A | N/A | 21.2 | 229 | 980.2% |
United Kingdom | N/A | 123 | N/A | N/A | 0% |
Turkey | 102 | 11.4 | N/A | N/A | -88.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 102 | 135 | 21.2 | 229 | 30.9% |
Top Suppliers of Sour Cherry to South Africa in 2022:
- Spain (26.9 tons)
This report provides an in-depth analysis of the sour cherry market 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
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
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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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In February 2023, the price of apricots dropped by 23%, settling at $1,616 per ton (FOB- South Africa) compared to the previous month.
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Global sour cherry consumption amounted to X thousand tons in 2015, flattening at the previous year level.
In 2015, the countries with the highest levels of production were Russia (X thousand tons), the United States (X thousand tons), Ukraine (X thousand tons), together accounting for X% of total output.
Spain dominates in the global sour cherry trade. In 2014, Spain exported X thousand tons of sour cherry totaling X million USD, X% over the previous year. Its primary trading partner was the United Kingdom, where it supplied X% of its total sour c
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