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Argentina - Cherries (Sour) - Market Analysis, Forecast, Size, Trends and Insights
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Argentina: Sour Cherry Market Overview 2021

Sour Cherry Market Size in Argentina

In 2020, the Argentinian sour cherry market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption showed significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Sour Cherry Production in Argentina

In value terms, sour cherry production expanded notably to $X in 2020 estimated in export prices. Overall, the total production indicated a buoyant expansion from 2012 to 2020: its value increased at an average annual rate of +X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Sour cherry production peaked in 2020 and is expected to retain growth in the immediate term.

The average yield of sour cherries in Argentina amounted to X kg per ha in 2020, stabilizing at the previous year. Over the period under review, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The sour cherry harvested area in Argentina stood at X ha in 2020, approximately reflecting the previous year. Over the period under review, the harvested area saw a relatively flat trend pattern.

Sour Cherry Exports

Exports from Argentina

In 2020, after three years of growth, there was significant decline in shipments abroad of sour cherries, when their volume decreased by -X% to X tonnes. Overall, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2019, and then contracted dramatically in the following year.

In value terms, sour cherry exports reduced remarkably to $X in 2020. In general, exports showed a significant contraction. The pace of growth appeared the most rapid in 2017 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2019, and then declined markedly in the following year.

Exports by Country

Paraguay (X tonnes) was the main destination for sour cherry exports from Argentina, accounting for a approx. X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Paraguay amounted to +X%.

In value terms, Paraguay ($X) also remains the key foreign market for sour cherry exports from Argentina.

From 2012 to 2020, the average annual growth rate of value to Paraguay amounted to +X%.

Export Prices by Country

In 2020, the average sour cherry export price amounted to $X per tonne, which is down by -X% against the previous year. Overall, the export price showed a dramatic setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2019, and then fell sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for Paraguay.

From 2012 to 2020, the rate of growth in terms of prices for Paraguay amounted to +X% per year.

Sour Cherry Imports

Imports into Argentina

In 2020, approx. X kg of sour cherries were imported into Argentina; approximately reflecting the previous year. In general, imports showed a relatively flat trend pattern. Imports peaked at X tonnes in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, sour cherry imports stood at $X in 2020. Over the period under review, imports recorded a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

Imports by Country

In 2012, Chile (X tonnes) was the main sour cherry supplier to Argentina, accounting for a approx. X% share of total imports.

From 2012 to 2012, the average annual rate of growth in terms of volume from Chile was relatively modest.

In value terms, Chile ($X) constituted the largest supplier of sour cherry to Argentina.

From 2012 to 2012, the average annual growth rate of value from Chile was relatively modest.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sour cherries in the world?
+
The countries with the highest volumes of sour cherry consumption in 2020 were Russia (250K tonnes), Turkey (182K tonnes) and Ukraine (171K tonnes), with a combined 42% share of global consumption. Poland, Iran, the U.S., Serbia, Uzbekistan, Hungary, Azerbaijan, Germany and Belarus lagged somewhat behind, together comprising a further 50%.
What are the largest producers of sour cherries in the world?
+
The countries with the highest volumes of sour cherry production in 2020 were Russia (243K tonnes), Turkey (182K tonnes) and Ukraine (171K tonnes), together comprising 42% of global production. Poland, Iran, the U.S., Serbia, Uzbekistan, Hungary and Azerbaijan lagged somewhat behind, together accounting for a further 48%.
What are the leading suppliers of sour cherries to Argentina?
+
In value terms, Chile ($24K) constituted the largest supplier of sour cherry to Argentina.
What are the leading importers of sour cherries from Argentina?
+
In value terms, Paraguay ($6.6K) remains the key foreign market for sour cherry exports from Argentina.
What is the average export price for sour cherries in Argentina?
+
The average sour cherry export price stood at $730 per tonne in 2020, declining by -90.9% against the previous year.

Product coverage:
• FCL 530 - Sour cherries

This report provides an in-depth analysis of the sour cherry market in Argentina. 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 2025.


Country coverage:
• Argentina

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Argentina
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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