Spain - Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSour Cherry Price in Spain - 2023
Contents:
- Sour Cherry Price in Spain (FOB) - 2023
- Sour Cherry Price in Spain (CIF) - 2022
- Sour Cherry Exports in Spain
- Sour Cherry Imports in Spain
Sour Cherry Price in Spain (FOB) - 2023
In September 2023, the average sour cherry export price amounted to $2,000 per ton, with a decrease of -42.6% against the previous month. In general, the export price showed a abrupt descent. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 447% m-o-m. The export price peaked at $8,334 per ton in December 2022; however, from January 2023 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Germany ($4,805 per ton), while the average price for exports to Italy ($977 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.4%), while the prices for the other major destinations experienced mixed trend patterns.
Sour Cherry Price in Spain (CIF) - 2022
The average sour cherry import price stood at $2,354 per ton in 2022, picking up by 12% against the previous year. Overall, the import price, however, continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2018 an increase of 123% against the previous year. As a result, import price reached the peak level of $4,213 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($4,057 per ton), while the price for Poland ($894 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Sour Cherry Exports in Spain
In 2022, approx. 1.2K tons of sour cherries were exported from Spain; with a decrease of -60.6% on 2021 figures. In general, exports saw a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 59% against the previous year. As a result, the exports reached the peak of 3.1K tons, and then contracted remarkably in the following year.
In value terms, sour cherry exports contracted notably to $5.3M in 2022. Overall, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of $9.8M, and then reduced notably in the following year.
Export of Sour Cherry in Spain (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 1.7 | 0.5 | 0.3 | 1.2 | -11.0% |
Italy | 3.3 | 2.9 | 2.7 | 1.1 | -30.7% |
France | 1.4 | 1.7 | 3.1 | 0.6 | -24.6% |
Portugal | 0.4 | 0.6 | 0.3 | 0.5 | 7.7% |
United Kingdom | 0.5 | 0.5 | 1.0 | 0.5 | 0.0% |
Germany | 0.8 | 0.3 | 0.8 | 0.5 | -14.5% |
Netherlands | 0.5 | 0.2 | 0.3 | 0.2 | -26.3% |
Others | 0.7 | 0.9 | 1.2 | 0.6 | -5.0% |
Total | 9.3 | 7.6 | 9.8 | 5.3 | -17.1% |
Top Export Markets for Sour Cherry from Spain in 2022:
- Belgium (275.3 tons)
- Italy (226.4 tons)
- Portugal (179.7 tons)
- France (174.2 tons)
- Germany (112.5 tons)
- United Kingdom (109.0 tons)
- Netherlands (43.2 tons)
Sour Cherry Imports in Spain
In 2022, overseas purchases of sour cherries decreased by -19.6% to 174 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 212% against the previous year. As a result, imports attained the peak of 742 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, sour cherry imports reduced to $411K in 2022. In general, imports recorded a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 229% against the previous year. As a result, imports reached the peak of $2.4M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Sour Cherry in Spain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greece | 298 | 2,060 | 238 | 129 | -24.4% |
Netherlands | 1.5 | 134 | 22.4 | 113 | 322.3% |
Germany | N/A | 19.4 | 53.6 | 95.9 | 122.3% |
Italy | 213 | 44.1 | 18.4 | 26.4 | -50.1% |
Poland | N/A | N/A | N/A | 17.9 | 0% |
France | 62.5 | 18.2 | 53.3 | 13.6 | -39.9% |
Portugal | N/A | 8.1 | 10.1 | 13.4 | 28.6% |
United Kingdom | N/A | 49.9 | N/A | N/A | 0% |
Denmark | 58.7 | 52.5 | 58.2 | N/A | -0.4% |
Others | 92.0 | N/A | N/A | 1.2 | -76.5% |
Total | 726 | 2,386 | 454 | 411 | -17.3% |
Top Suppliers of Sour Cherry to Spain in 2022:
- Greece (64.8 tons)
- Germany (44.8 tons)
- Netherlands (28.3 tons)
- Poland (20.0 tons)
- Italy (7.7 tons)
- Portugal (4.6 tons)
- France (3.4 tons)
This report provides an in-depth analysis of the sour cherry market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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 June 2023, the price of Sour Cherry reached $4,848 per ton (FOB, Spain), showing a 4.6% increase compared to the previous month.
In October 2022, the apricot price amounted to $1,740 per ton (FOB, Spain), with a decrease of -8.3% against the previous month.
Apricot exports from Spain increased to $170M thanks to rising demand from Italy and France, despite rising export prices. Export to other major destinations - Germany and the UK - failed to catch up with the figures of the previous year. Germany, France and Italy remain the major importers of Spanish apricots in 2020.
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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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