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

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Sour Cherry Market Size in Canada

In 2019, the Canadian sour cherry market was finally on the rise to reach $X for the first time since 2016, thus ending a two-year declining trend. In general, consumption recorded a resilient expansion. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2019, consumption failed to regain the momentum.

Sour Cherry Production in Canada

In value terms, sour cherry production skyrocketed to $X in 2019 estimated in export prices. In general, production, however, showed a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Sour cherry production peaked at $X in 2016; however, from 2017 to 2019, production remained at a lower figure.

In 2019, the average sour cherry yield in Canada dropped to X tonnes per ha, declining by -X% against the previous year's figure. Overall, the yield indicated measured growth from 2012 to 2019: its figure increased at an average annual rate of +X% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, sour cherry yield decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2016 when the yield increased by X% year-to-year. As a result, the yield attained the peak level of X tonnes per ha. From 2017 to 2019, the growth of the average sour cherry yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of sour cherries were harvested in Canada; approximately reflecting the previous year. Over the period under review, the harvested area showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The sour cherry harvested area peaked at X ha in 2015; however, from 2016 to 2019, the harvested area stood at a somewhat lower figure.

Sour Cherry Exports

Exports from Canada

In 2019, after two years of growth, there was significant decline in overseas shipments of sour cherries, when their volume decreased by -X% to X tonnes. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Exports peaked at X tonnes in 2018, and then contracted markedly in the following year.

In value terms, sour cherry exports declined dramatically to $X in 2019. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Exports peaked at $X in 2018, and then dropped significantly in the following year.

Exports by Country

China (X tonnes) was the main destination for sour cherry exports from Canada, accounting for a X% share of total exports. Moreover, sour cherry exports to China exceeded the volume sent to the second major destination, Singapore (X tonnes), more than tenfold. The third position in this ranking was occupied by Thailand (X tonnes), with a X% share.

From 2012 to 2019, the average annual growth rate of volume to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+X% per year) and Thailand (+X% per year).

In value terms, China ($X) remains the key foreign market for sour cherry exports from Canada, comprising X% of total exports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2019, the average annual growth rate of value to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+X% per year) and Thailand (+X% per year).

Export Prices by Country

In 2019, the average sour cherry export price amounted to $X per tonne, growing by X% against the previous year. Overall, export price indicated a resilient expansion from 2012 to 2019: its price increased at an average annual rate of +X% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The export price peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2019, the highest prices were recorded for prices to Japan ($X per tonne) and the Netherlands ($X per tonne), while the average price for exports to China ($X per tonne) and Spain ($X per tonne) were amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Viet Nam, while the prices for the other major destinations experienced more modest paces of growth.

Sour Cherry Imports

Imports into Canada

In 2019, the amount of sour cherries imported into Canada fell remarkably to X tonnes, with a decrease of -X% compared with 2018. Over the period under review, imports recorded a significant decrease. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2012; however, from 2013 to 2019, imports failed to regain the momentum.

In value terms, sour cherry imports reduced markedly to $X in 2019. Overall, imports faced a sharp reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, the U.S. (X tonnes) was the main sour cherry supplier to Canada, accounting for a X% share of total imports. Moreover, sour cherry imports from the U.S. exceeded the figures recorded by the second-largest supplier, Iran (X tonnes), tenfold.

From 2012 to 2019, the average annual growth rate of volume from the U.S. totaled -X%.

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

From 2012 to 2019, the average annual growth rate of value from the U.S. stood at -X%.

Import Prices by Country

In 2019, the average sour cherry import price amounted to $X per tonne, declining by -X% against the previous year. Over the period from 2012 to 2019, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018 an increase of X% y-o-y. The import price peaked at $X per tonne in 2013; however, from 2014 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 the U.S. ($X per tonne), while the price for Iran stood at $X per tonne.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by the U.S..

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 (240K tonnes), Ukraine (229K tonnes) and Poland (208K tonnes), with a combined 43% share of global consumption. Turkey, the U.S., Serbia, Iran, Hungary, Uzbekistan, Azerbaijan, Belarus and Germany lagged somewhat behind, together accounting for a further 51%.
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 (231K tonnes), Ukraine (229K tonnes) and Poland (212K tonnes), with a combined 42% share of global production. These countries were followed by Turkey, the U.S., Serbia, Iran, Hungary, Uzbekistan, Azerbaijan and Belarus, which together accounted for a further 50%.
What are the leading suppliers of sour cherries to Canada?
+
In value terms, the U.S. ($54K) constituted the largest supplier of sour cherry to Canada, comprising 93% of total imports. The second position in the ranking was occupied by Iran ($4.2K), with a 7.1% share of total imports.
What are the leading importers of sour cherries from Canada?
+
In value terms, China ($4.8M) remains the key foreign market for sour cherry exports from Canada, comprising 61% of total exports. The second position in the ranking was occupied by Singapore ($588K), with a 7.4% share of total exports. It was followed by Thailand, with a 6.7% share.
What is the average export price for sour cherries in Canada?
+
The average sour cherry export price stood at $7,021 per tonne in 2019, picking up by 98% against the previous year.
What is the average import price for sour cherries in Canada?
+
The average sour cherry import price stood at $3,784 per tonne in 2019, which is down by -9% against the previous year.

Product coverage:
• FCL 530 - Sour cherries

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

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