United Kingdom - Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

United Kingdom - Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights

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Sour Cherry Price in the UK - 2023

Contents:

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

Sour Cherry Price in the UK (FOB) - 2022

The average sour cherry export price stood at $6,650 per ton in 2022, dropping by -5.5% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 217% against the previous year. As a result, the export price reached the peak level of $15,062 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($13,288 per ton), while the average price for exports to Spain ($3,698 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 the United Arab Emirates (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Sour Cherry Price in the UK (CIF) - 2022

The average sour cherry import price stood at $5,750 per ton in 2022, increasing by 78% against the previous year. Overall, the import price continues to indicate a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($11,988 per ton), while the price for Bulgaria ($2,636 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Sour Cherry Exports in the UK

For the third consecutive year, the UK recorded decline in shipments abroad of sour cherries, which decreased by -88.8% to 26 tons in 2022. Over the period under review, exports recorded a significant curtailment. The smallest decline of -12.1% was in 2020.

In value terms, sour cherry exports fell rapidly to $171K in 2022. Overall, exports continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2020 when exports increased by 2% against the previous year. As a result, the exports reached the peak of $1.7M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Sour Cherry in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1.10.2N/A88.8332.2%
Spain33.817.160148.112.5%
QatarN/A8.616.425.873.2%
BahrainN/A6.36.56.94.7%
Ireland1743941131.6-79.0%
Hong Kong SARN/A94.398.4N/A4.3%
Sweden14133.1N/AN/A-76.5%
South AfricaN/A152206N/A35.5%
Netherlands1,226952430N/A-40.8%
Others94.646.51430.4-83.8%
Total1,6711,7041,614171-53.2%

Top Export Markets for Sour Cherry from the UK in 2022:

  1. Spain (13.0 tons)
  2. United Arab Emirates (9.8 tons)
  3. Qatar (2.2 tons)
  4. Bahrain (0.6 tons)
  5. Ireland (0.1 tons)

Sour Cherry Imports in the UK

In 2022, sour cherry imports into the UK contracted remarkably to 7.7 tons, waning by -98.4% on 2021 figures. Overall, imports saw a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 85% against the previous year. As a result, imports attained the peak of 490 tons, and then dropped markedly in the following year.

In value terms, sour cherry imports reduced markedly to $44K in 2022. Over the period under review, imports showed a dramatic curtailment. The pace of growth was the most pronounced in 2021 with an increase of 63%. As a result, imports reached the peak of $1.6M, and then fell markedly in the following year.

Import of Sour Cherry in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain44420637917.4-66.0%
Chile12.4N/AN/A13.42.6%
DenmarkN/AN/AN/A3.90%
Bulgaria83.441.8N/A3.5-65.2%
Belgium20880.138.03.2-75.1%
France66.199.760.91.4-72.3%
Poland34.70.43.11.3-66.5%
MoroccoN/AN/A62.5N/A0%
Greece129N/A7.4N/A-76.0%
Netherlands4684081,027N/A48.1%
Others48.21378.3N/A-58.5%
Total1,4939741,58644.2-69.1%

Top Suppliers of Sour Cherry to the UK in 2022:

  1. Spain (2645.0 kg)
  2. Denmark (1429.0 kg)
  3. Bulgaria (1321.0 kg)
  4. Chile (1120.0 kg)
  5. Belgium (600.0 kg)
  6. Poland (303.0 kg)
  7. France (271.0 kg)

Source: IndexBox Market Intelligence Platform

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

  • United Kingdom

Data coverage:

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