Report Update Apr 1, 2024

Egypt - Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Sour Cherry Market 2024

Sour Cherry Market Size in Egypt

In 2022, the Egyptian sour cherry market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption enjoyed a modest increase. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Sour Cherry Production in Egypt

In value terms, sour cherry production amounted to $X in 2022 estimated in export price. Over the period under review, production faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2018 when the production volume decreased by X%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

In 2022, the average yield of sour cherries in Egypt amounted to less than X kg per ha, stabilizing at the year before. Overall, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of sour cherries production in Egypt was estimated at less than X ha, therefore, remained relatively stable against the year before. In general, the harvested area recorded a relatively flat trend pattern.

Sour Cherry Exports

Exports from Egypt

In 2022, sour cherry exports from Egypt plummeted to X kg, reducing by X% on 2021 figures. In general, exports showed a precipitous setback. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, sour cherry exports reduced remarkably to $X in 2022. Over the period under review, exports continue to indicate a sharp reduction. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Oman (X kg) was the main destination for sour cherry exports from Egypt, accounting for a X% share of total exports. It was followed by Maldives (X kg), with a X% share of total exports.

From 2014 to 2022, the average annual rate of growth in terms of volume to Oman stood at X%.

From 2014 to 2022, the average annual rate of growth in terms of value to Oman amounted to X%.

Export Prices by Country

The average sour cherry export price stood at $X per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price showed a significant expansion. The pace of growth was the most pronounced in 2017 a decrease of X%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($X per ton), while the average price for exports to Oman amounted to $X per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (X%).

Sour Cherry Imports

Imports into Egypt

In 2022, overseas purchases of sour cherries increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, sour cherry imports surged to $X in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Syrian Arab Republic (X tons) constituted the largest supplier of sour cherry to Egypt, accounting for a X% share of total imports. Moreover, sour cherry imports from Syrian Arab Republic exceeded the figures recorded by the second-largest supplier, Lebanon (X tons), twofold.

From 2014 to 2022, the average annual growth rate of volume from Syrian Arab Republic amounted to X%.

In value terms, Syrian Arab Republic ($X) constituted the largest supplier of sour cherries to Egypt, comprising X% of total imports. The second position in the ranking was taken by Lebanon ($X), with a X% share of total imports.

From 2014 to 2022, the average annual rate of growth in terms of value from Syrian Arab Republic stood at X%.

Import Prices by Country

In 2022, the average sour cherry import price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Syrian Arab Republic ($X per ton), while the price for Lebanon totaled $X per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Greece (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sour cherries in the world?

The countries with the highest volumes of consumption in 2023 were Russia, Turkey and Ukraine, with a combined 41% share of global consumption. Poland, Serbia, Iran, the United States, Uzbekistan, Hungary, Belarus, Azerbaijan, Romania 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 production in 2022 were Russia, Turkey and Ukraine, together comprising 41% of global production. Poland, Serbia, Iran, the United States, Uzbekistan, Hungary, Belarus, Azerbaijan and Romania lagged somewhat behind, together comprising a further 51%.

What are the leading suppliers of sour cherries to Egypt?

In value terms, Syrian Arab Republic constituted the largest supplier of sour cherries to Egypt, comprising 70% of total imports. The second position in the ranking was taken by Lebanon, with a 30% share of total imports.

What is the average export price for sour cherries in Egypt?

In 2022, the average sour cherry export price amounted to $3,452 per ton, approximately reflecting the previous year.

What is the average import price for sour cherries in Egypt?

The average sour cherry import price stood at $1,179 per ton in 2022, falling by -13.2% against the previous year.

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

Egypt

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023