Report Asia-Pacific - Cherries and Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 24, 2022

Asia-Pacific - Cherries and Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights
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Asia-Pacific: Market for Cherries and Sour Cherries 2022

Market Size for Cherries and Sour Cherries in Asia-Pacific

The Asia-Pacific cherry and sour cherry market totaled $X in 2021, picking up by X% against the previous year. Over the period under review, consumption recorded a strong expansion. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in years to come.

Production of Cherries and Sour Cherries in Asia-Pacific

In value terms, cherry and sour cherry production declined modestly to $X in 2021 estimated in export prices. Over the period under review, production, however, saw a prominent increase. The pace of growth was the most pronounced in 2012 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then contracted modestly in the following year.

The countries with the highest volumes of cherry and sour cherry production in 2021 were China (X tonnes), Hong Kong SAR (X tonnes) and Japan (X tonnes), with a combined X% share of total production.

From 2007 to 2021, the biggest increases were in China (+X%), while cherry and sour cherry production for the other leaders experienced more modest paces of growth.

The average cherry and sour cherry yield contracted markedly to X tonnes per ha in 2021, with a decrease of -X% compared with the previous year's figure. The yield figure increased at an average annual rate of +X% from 2007 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of X% y-o-y. As a result, the yield reached the peak level of X tonnes per ha, and then fell significantly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The cherry and sour cherry harvested area expanded modestly to X ha in 2021, growing by X% compared with the previous year's figure. The harvested area increased at an average annual rate of +X% from 2007 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to cherry and sour cherry production attained the maximum at X ha in 2015; however, from 2016 to 2021, the harvested area failed to regain momentum.

Production By Country in Asia-Pacific

The countries with the highest volumes of cherry and sour cherry production in 2021 were China (X tonnes), Hong Kong SAR (X tonnes) and Japan (X tonnes), together comprising X% of total production.

From 2007 to 2021, the most notable rate of growth in terms of cherry and sour cherry production, amongst the main producing countries, was attained by China (+X%), while cherry and sour cherry production for the other leaders experienced more modest paces of growth.

Exports of Cherries and Sour Cherries

Exports in Asia-Pacific

Cherry and sour cherry exports soared to X tonnes in 2021, increasing by X% on the previous year's figure. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, cherry and sour cherry exports skyrocketed to $X in 2021. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

Hong Kong SAR prevails in cherry and sour cherry exports structure, resulting at X tonnes, which was approx. X% of total exports in 2021. It was distantly followed by Australia (X tonnes), constituting a X% share of total exports.

Hong Kong SAR was also the fastest-growing in terms of the cherries and sour cherries exports, with a CAGR of +X% from 2007 to 2021. At the same time, Australia (+X%) displayed positive paces of growth. Hong Kong SAR (+X p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -X% from 2007 to 2021, respectively.

In value terms, Hong Kong SAR ($X) remains the largest cherry and sour cherry supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was occupied by Australia ($X), with a X% share of total exports.

In Hong Kong SAR, cherry and sour cherry exports expanded at an average annual rate of +X% over the period from 2007-2021.

Export Prices by Country

The cherry and sour cherry export price in Asia-Pacific stood at $X per tonne in 2021, with a decrease of -X% against the previous year. Over the period under review, the export price continues to indicate a slight descent. The pace of growth appeared the most rapid in 2012 when the export price increased by X% year-to-year. Over the period under review, the export prices attained the peak figure at $X per tonne in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Hong Kong SAR ($X per tonne), while Australia amounted to $X per tonne.

From 2007 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-X%).

Imports of Cherries and Sour Cherries

Imports in Asia-Pacific

Cherry and sour cherry imports rose slightly to X tonnes in 2021, growing by X% against 2020. In general, imports recorded a strong increase. The pace of growth appeared the most rapid in 2018 when imports increased by X% y-o-y. The volume of import peaked at X tonnes in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, cherry and sour cherry imports declined to $X in 2021. Overall, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X% year-to-year. The level of import peaked at $X in 2020, and then reduced modestly in the following year.

Imports by Country

China (X tonnes) and Hong Kong SAR (X tonnes) dominates cherry and sour cherry imports structure, together committing X% of total imports. The following importers - South Korea (X tonnes), Taiwan (Chinese) (X tonnes), Vietnam (X tonnes) and Japan (X tonnes) - together made up X% of total imports.

From 2007 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Vietnam (+X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported cherries and sour cherries in Asia-Pacific, comprising X% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2007 to 2021, the average annual rate of growth in terms of value in China totaled +X%. In the other countries, the average annual rates were as follows: Hong Kong SAR (+X% per year) and South Korea (+X% per year).

Import Prices by Country

The cherry and sour cherry import price in Asia-Pacific stood at $X per tonne in 2021, declining by -X% against the previous year. Over the period from 2007 to 2021, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The level of import peaked at $X per tonne in 2020, and then fell modestly in the following year.

Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($X per tonne), while Vietnam ($X per tonne) was amongst the lowest.

From 2007 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for cherries and sour cherries in Asia-Pacific?
+
China remains the largest cherry and sour cherry consuming country in Asia-Pacific, accounting for 68% of total volume. Moreover, cherry and sour cherry consumption in China exceeded the figures recorded by the second-largest consumer, Hong Kong SAR, ninefold. The third position in this ranking was occupied by Japan, with a 6.3% share.
What are the largest producers of cherries and sour cherries in Asia-Pacific?
+
The countries with the highest volumes of cherry and sour cherry production in 2021 were China, Hong Kong SAR and Japan, with a combined 68% share of total production.
What are the leading importers of cherries and sour cherries in Asia-Pacific?
+
In value terms, China constitutes the largest market for imported cherries and sour cherries in Asia-Pacific, comprising 58% of total imports. The second position in the ranking was occupied by Hong Kong SAR, with a 28% share of total imports. It was followed by South Korea, with a 5.4% share.
What is the average export price for cherries and sour cherries in Asia-Pacific?
+
In 2021, the cherry and sour cherry export price in Asia-Pacific amounted to $4,497 per tonne, with a decrease of -14% against the previous year.
What is the average import price for cherries and sour cherries in Asia-Pacific?
+
The cherry and sour cherry import price in Asia-Pacific stood at $6,811 per tonne in 2021, which is down by -4.8% against the previous year.

This report provides an in-depth analysis of the market for cherry and sour cherry in Asia-Pacific. 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
• FCL 531 - Cherries
Country coverage:
• Afghanistan
• American Samoa
• Bhutan
• Brunei Darussalam
• Cambodia
• Cook Islands
• Democratic People's Republic of Korea
• Fiji
• French Polynesia
• Guam
• Kiribati
• Lao People's Democratic Republic
• Macao SAR
• Maldives
• Marshall Islands
• Micronesia
• Nauru
• Nepal
• New Caledonia
• Niue
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Taiwan (Chinese)
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia-Pacific, split by region and country
• Trade (exports and imports) in Asia-Pacific
• 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
CONSUMPTION BY COUNTRY
3.3
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 VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Australia
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• India
• Indonesia
• Japan
• Kiribati
• Malaysia
• Maldives
• Marshall Islands
• Micronesia
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Pakistan
• Palau
• Papua New Guinea
• Philippines
• Samoa
• Singapore
• Solomon Islands
• South Korea
• Sri Lanka
• Taiwan (Chinese)
• Thailand
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Vietnam
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Harvested Area, By Country, 2012–2021
Table 7:
Yield, By Country, 2012–2021
Table 8:
Imports, In Physical Terms, By Country, 2012–2021
Table 9:
Imports, In Value Terms, By Country, 2012–2021
Table 10:
Import Prices, By Country Of Destination, 2012–2021
Table 11:
Exports, In Physical Terms, By Country, 2012–2021
Table 12:
Exports, In Value Terms, By Country, 2012–2021
Table 13:
Export Prices, By Country Of Origin, 2012–2021
Table 14:
Producer Prices, By Major Producing Country, 2021
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2012–2021
Figure 18:
Production, In Value Terms, 2012–2021
Figure 19:
Area Harvested, 2012–2021
Figure 20:
Yield, 2012–2021
Figure 21:
Production, By Country, 2021
Figure 22:
Production, In Physical Terms, By Country, 2012–2021
Figure 23:
Harvested Area, By Country, 2021
Figure 24:
Harvested Area, By Country, 2012–2021
Figure 25:
Yield, By Country, 2012–2021
Figure 26:
Imports, In Physical Terms, 2012–2021
Figure 27:
Imports, In Value Terms, 2012–2021
Figure 28:
Imports, In Physical Terms, By Country, 2021
Figure 29:
Imports, In Physical Terms, By Country, 2012–2021
Figure 30:
Imports, In Value Terms, By Country, 2012–2021
Figure 31:
Import Prices, By Country, 2012–2021
Figure 32:
Exports, In Physical Terms, 2012–2021
Figure 33:
Exports, In Value Terms, 2012–2021
Figure 34:
Exports, In Physical Terms, By Country, 2021
Figure 35:
Exports, In Physical Terms, By Country, 2012–2021
Figure 36:
Exports, In Value Terms, By Country, 2012–2021
Figure 37:
Export Prices, 2012–2021
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