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

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Sour Cherry Market Size in Brazil

In 2019, the Brazilian sour cherry market decreased by -X% to $X, falling for the second consecutive year after four years of growth. Over the period under review, consumption recorded a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. From 2018 to 2019, the growth of the market remained at a somewhat lower figure.

Sour Cherry Exports

Exports from Brazil

In 2019, overseas shipments of sour cherries decreased by X% to X kg, falling for the third consecutive year after two years of decline. Over the period under review, exports recorded a dramatic setback. Exports peaked at X kg in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

In value terms, sour cherry exports stood at $X in 2019. Overall, exports showed a abrupt downturn. Exports peaked at $X in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Singapore (X kg) was the main destination for sour cherry exports from Brazil, with a approx. X% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to Singapore was relatively modest.

From 2012 to 2019, the average annual growth rate of value to Singapore was relatively modest.

Export Prices by Country

The average sour cherry export price stood at $X per tonne in 2019, standing approx. at the previous year. In general, the export price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average export prices hit record highs in 2019 and is likely to continue growth in years to come.

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

From 2012 to 2019, the rate of growth in terms of prices for Singapore amounted to X% per year.

Sour Cherry Imports

Imports into Brazil

In 2019, the amount of sour cherries imported into Brazil surged to X tonnes, jumping by X% compared with the previous year's figure. Over the period under review, imports posted a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. From 2018 to 2019, the growth imports remained at a lower figure.

In value terms, sour cherry imports shrank markedly to $X in 2019. In general, imports posted a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, the U.S. (X tonnes) was the main sour cherry supplier to Brazil, with a X% share of total imports. It was followed by Chile (X tonnes), with a X% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of volume from the U.S. amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (-X% per year) and Argentina (-X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of sour cherry to Brazil, comprising X% of total imports. The second position in the ranking was occupied by Chile ($X), with a X% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of value from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (-X% per year) and Argentina (-X% per year).

Import Prices by Country

The average sour cherry import price stood at $X per tonne in 2019, declining by -X% against the previous year. Over the period under review, the import price continues to indicate a slight slump. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2017; however, from 2018 to 2019, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the country with the highest price was Chile ($X per tonne), while the price for Argentina ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI 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 2019 were Russia (255K tonnes), Turkey (182K tonnes) and Ukraine (167K tonnes), together accounting for 42% of global consumption. These countries were followed by Poland, Iran, the U.S., Serbia, Uzbekistan, Hungary, Azerbaijan, Romania and Germany, which together accounted for a further 49%.
What are the largest producers of sour cherries in the world?
+
The countries with the highest volumes of sour cherry production in 2019 were Russia (244K tonnes), Turkey (182K tonnes) and Ukraine (167K tonnes), with a combined 42% share of global production. Poland, Iran, the U.S., Serbia, Uzbekistan and Hungary lagged somewhat behind, together comprising a further 43%.
What are the leading suppliers of sour cherries to Brazil?
+
In value terms, the U.S. ($665K) constituted the largest supplier of sour cherry to Brazil, comprising 95% of total imports. The second position in the ranking was occupied by Chile ($16K), with a 2.4% share of total imports.
What is the average export price for sour cherries in Brazil?
+
The average sour cherry export price stood at $6,601 per tonne in 2019, therefore, remained relatively stable against the previous year.
What is the average import price for sour cherries in Brazil?
+
The average sour cherry import price stood at $4,816 per tonne in 2019, reducing by -28% against the previous year.

Product coverage:
• FCL 530 - Sour cherries

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

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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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