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

China - Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights
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China: Sour Cherry Market 2022

Sour Cherry Market Size in China

The Chinese sour cherry market contracted slightly to $X in 2021, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate significant growth. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Sour Cherry Exports

Exports from China

In 2021, shipments abroad of sour cherries was finally on the rise to reach X tonnes after two years of decline. Overall, exports, however, faced a drastic downturn. The pace of growth appeared the most rapid in 2018 when exports increased by X% y-o-y. Over the period under review, the exports hit record highs at X tonnes in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, sour cherry exports rose rapidly to $X in 2021. In general, exports, however, posted a noticeable expansion. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X kg) was the main destination for sour cherry exports from China, with a X% share of total exports. Moreover, sour cherry exports to Singapore exceeded the volume sent to the second major destination, Malaysia (X kg), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Singapore totaled +X%.

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

From 2012 to 2021, the average annual growth rate of value to Singapore stood at +X%.

Export Prices by Country

The average sour cherry export price stood at $X per tonne in 2021, dropping by -X% against the previous year. Overall, the export price, however, continues to indicate significant growth. The pace of growth appeared the most rapid in 2014 an increase of X% y-o-y. Over the period under review, the average export prices reached the maximum at $X per tonne in 2020, and then fell dramatically in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Singapore ($X per tonne), while the average price for exports to Malaysia totaled $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+X%).

Sour Cherry Imports

Imports into China

In 2021, after two years of decline, there was growth in supplies from abroad of sour cherries, when their volume increased by X% to X tonnes. In general, imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, sour cherry imports fell modestly to $X in 2021. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth imports remained at a lower figure.

Imports by Country

Canada (X tonnes), Chile (X tonnes) and the United States (X tonnes) were the main suppliers of sour cherry imports to China.

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

In value terms, the largest sour cherry suppliers to China were Canada ($X), the United States ($X) and Chile ($X the main suppliers, the United States, with a CAGR of +X%, saw 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

In 2021, the average sour cherry import price amounted to $X per tonne, declining by -X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2018 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 2020, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per tonne), while the price for Chile ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%), while the prices for the other major suppliers 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 sour cherries in the world?
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The countries with the highest volumes of sour cherry consumption in 2021 were Russia, Turkey and Ukraine, with a combined 42% share of global consumption. These countries were followed by Poland, Iran, Serbia, the United States, Uzbekistan, Hungary, Belarus, Azerbaijan and Romania, which together accounted for a further 47%.
What are the largest producers of sour cherries in the world?
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The countries with the highest volumes of sour cherry production in 2021 were Russia, Turkey and Ukraine, together comprising 42% of global production. These countries were followed by Poland, Iran, Serbia, the United States, Uzbekistan, Hungary, Azerbaijan, Belarus and Romania, which together accounted for a further 49%.
What are the leading suppliers of sour cherries to China?
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In value terms, the largest sour cherry suppliers to China were Canada, the United States and Chile.
What are the leading importers of sour cherries from China?
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In value terms, Singapore remains the key foreign market for sour cherry exports from China, comprising 91% of total exports. The second position in the ranking was occupied by Malaysia $963), with an 8.7% share of total exports.
What is the average export price for sour cherries in China?
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The average sour cherry export price stood at $8,699 per tonne in 2021, with a decrease of -15.6% against the previous year.
What is the average import price for sour cherries in China?
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In 2021, the average sour cherry import price amounted to $7,729 per tonne, shrinking by -1.7% against the previous year.

This report provides an in-depth analysis of the sour cherry market in China. 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
Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2021
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

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption In 2007–2021
Table 5:
Imports, In Physical Terms, By Country, 2007–2021
Table 6:
Imports, In Value Terms, By Country, 2007–2021
Table 7:
Import Prices, By Country Of Origin, 2007–2021
Table 8:
Exports, In Physical Terms, By Country, 2007–2021
Table 9:
Exports, In Value Terms, By Country, 2007–2021
Table 10:
Export Prices, By Country Of Destination, 2007–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2021
Figure 5:
Trade Balance, In Physical Terms, 2007–2021
Figure 6:
Trade Balance, In Value Terms, 2007–2021
Figure 7:
Per Capita Consumption, 2007–2021
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, 2007–2021
Figure 22:
Production, In Value Terms, 2007–2021
Figure 23:
Area Harvested, 2007–2021
Figure 24:
Yield, 2007–2021
Figure 25:
Imports, In Physical Terms, 2007–2021
Figure 26:
Imports, In Value Terms, 2007–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2007–2021
Figure 29:
Imports, In Value Terms, By Country, 2007–2021
Figure 30:
Import Prices, By Country Of Origin, 2007–2021
Figure 31:
Exports, In Physical Terms, 2007–2021
Figure 32:
Exports, In Value Terms, 2007–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2007–2021
Figure 35:
Exports, In Value Terms, By Country, 2007–2021
Figure 36:
Export Prices, By Country Of Destination, 2007–2021
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