Asia: Sour Cherry Market 2022

Sour Cherry Market Size in Asia

In 2021, after two years of decline, there was growth in the Asian sour cherry market, when its value increased by X% to $X. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Sour Cherry Production in Asia

In value terms, sour cherry production rose notably to $X in 2021 estimated in export prices. The total production indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

The countries with the highest volumes of sour cherry production in 2021 were Turkey (X tonnes), Iran (X tonnes) and Uzbekistan (X tonnes), together comprising X% of total production.

From 2012 to 2021, the biggest increases were in Uzbekistan (+X%), while sour cherry production for the other leaders experienced more modest paces of growth.

The average sour cherry yield dropped to X tonnes per ha in 2021, waning by -X% compared with the previous year's figure. In general, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% y-o-y. Over the period under review, the sour cherry yield attained the maximum level at X tonnes per ha in 2012; however, from 2013 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the sour cherry harvested area in Asia rose to X ha, growing by X% against the year before. The harvested area increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to sour cherry production attained the maximum in 2021 and is likely to continue growth in years to come.

Production By Country in Asia

The countries with the highest volumes of sour cherry production in 2021 were Turkey (X tonnes), Iran (X tonnes) and Uzbekistan (X tonnes), together comprising X% of total production.

From 2012 to 2021, the biggest increases were in Uzbekistan (+X%), while sour cherry production for the other leaders experienced more modest paces of growth.

Sour Cherry Exports

Exports in Asia

In 2021, approx. X tonnes of sour cherries were exported in Asia; stabilizing at the previous year's figure. In general, exports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Over the period under review, the exports reached the maximum at X tonnes in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, sour cherry exports contracted to $X in 2021. Over the period under review, exports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. The level of export peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Lebanon (X tonnes) and Syrian Arab Republic (X tonnes) prevails in sour cherry exports structure, together committing X% of total exports. Iran (X tonnes) took the next position in the ranking, followed by Israel (X tonnes). All these countries together held approx. X% share of total exports. Turkey (X tonnes) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Israel (+X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest sour cherry supplying countries in Asia were Lebanon ($X), Syrian Arab Republic ($X) and Iran ($X), with a combined X% share of total exports.

Lebanon, with a CAGR of +X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The sour cherry export price in Asia stood at $X per tonne in 2021, declining by -X% against the previous year. Overall, the export price showed a perceptible descent. The pace of growth appeared the most rapid in 2013 an increase of X% year-to-year. Over the period under review, the export prices attained the peak figure at $X per tonne in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($X per tonne), while Israel ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lebanon (+X%), while the other leaders experienced mixed trends in the export price figures.

Sour Cherry Imports

Imports in Asia

In 2021, the amount of sour cherries imported in Asia declined slightly to X tonnes, which is down by -X% compared with 2020 figures. Over the period under review, imports, however, saw resilient growth. The pace of growth appeared the most rapid in 2014 when imports increased by X% y-o-y. The volume of import peaked at X tonnes in 2020, and then fell slightly in the following year.

In value terms, sour cherry imports totaled $X in 2021. In general, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. From 2019 to 2021, the growth imports failed to regain momentum.

Imports by Country

Saudi Arabia was the largest importing country with an import of about X tonnes, which accounted for X% of total imports. It was distantly followed by China (X tonnes), Kuwait (X tonnes), South Korea (X tonnes) and Qatar (X tonnes), together constituting a X% share of total imports. The following importers - Japan (X tonnes), Azerbaijan (X tonnes), Malaysia (X tonnes), Vietnam (X tonnes) and Singapore (X tonnes) - together made up X% of total imports.

From 2012 to 2021, average annual rates of growth with regard to sour cherry imports into Saudi Arabia stood at +X%. At the same time, Azerbaijan (+X%), Malaysia (+X%), Japan (+X%), Qatar (+X%), China (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in Asia, with a CAGR of +X% from 2012-2021. South Korea experienced a relatively flat trend pattern. By contrast, Kuwait (-X%) and Vietnam (-X%) illustrated a downward trend over the same period. While the share of Saudi Arabia (+X p.p.), China (+X p.p.), Japan (+X p.p.), Qatar (+X p.p.), Azerbaijan (+X p.p.) and Malaysia (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Vietnam (-X p.p.), South Korea (-X p.p.) and Kuwait (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Saudi Arabia ($X) and South Korea ($X) constituted the countries with the highest levels of imports in 2021, together accounting for X% of total imports. Japan, Kuwait, Qatar, Malaysia, Singapore, Vietnam and Azerbaijan lagged somewhat behind, together accounting for a further X terms of the main importing countries, Azerbaijan, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The sour cherry import price in Asia stood at $X per tonne in 2021, picking up by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2019 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was South Korea ($X per tonne), while Azerbaijan ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Qatar (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform