Global Sour Cherry Market 2024

Sour Cherry Market Size

The global sour cherry market declined modestly to $X in 2022, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the global market remained at a somewhat lower figure.

Sour Cherry Production

In value terms, sour cherry production dropped slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, global production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Russia (X tons), Turkey (X tons) and Ukraine (X tons), together accounting for X% of global production. Poland, Serbia, Iran, the United States, Uzbekistan, Hungary, Belarus, Azerbaijan and Romania lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of X%), while production for the other global leaders experienced more modest paces of growth.

In 2022, the global average sour cherry yield stood at X tons per ha, approximately equating 2021 figures. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the average sour cherry yield hit record highs at X tons per ha in 2018; however, from 2019 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of sour cherries were harvested worldwide; flattening at the previous year. Over the period under review, the harvested area, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to sour cherry production attained the peak figure at X ha in 2019; however, from 2020 to 2022, the harvested area failed to regain momentum.

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Sour Cherry Exports

Exports

In 2022, global sour cherry exports dropped to X tons, waning by X% on the previous year's figure. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the global exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, sour cherry exports shrank sharply to $X in 2022. In general, exports continue to indicate a noticeable setback. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the global exports remained at a lower figure.

Exports by Country

The shipments of the three major exporters of sour cherries, namely Hungary, Serbia and Iran, represented more than half of total export. Poland (X tons) took the next position in the ranking, followed by Syrian Arab Republic (X tons) and the Czech Republic (X tons). All these countries together took approx. X% share of total exports. Moldova (X tons), Lebanon (X tons), Croatia (X tons), Italy (X tons), Spain (X tons), the United States (X tons) and Bulgaria (X tons) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Iran (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Iran ($X), Hungary ($X) and Serbia ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of global exports.

Among the main exporting countries, Iran, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average sour cherry export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2017 an increase of X%. The global export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Croatia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (X%), while the other global leaders experienced more modest paces of growth.

Sour Cherry Imports

Imports

Global sour cherry imports shrank to X tons in 2022, declining by X% against the previous year. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, global imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, sour cherry imports fell slightly to $X in 2022. Over the period under review, imports saw a mild decrease. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of global imports failed to regain momentum.

Imports by Country

Germany represented the major importing country with an import of about X tons, which amounted to X% of total imports. Russia (X tons) took the second position in the ranking, followed by Bosnia and Herzegovina (X tons), Saudi Arabia (X tons), Egypt (X tons) and Romania (X tons). All these countries together took near X% share of total imports. Austria (X tons), the Netherlands (X tons), Palestine (X tons), Bulgaria (X tons) and Slovenia (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to sour cherry imports into Germany stood at X%. At the same time, Egypt (X%), Slovenia (X%), Palestine (X%), Bosnia and Herzegovina (X%), Bulgaria (X%), Romania (X%), the Netherlands (X%), Saudi Arabia (X%) and Austria (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) illustrated a downward trend over the same period. Bosnia and Herzegovina (X p.p.), Saudi Arabia (X p.p.), Egypt (X p.p.), Romania (X p.p.), Palestine (X p.p.), the Netherlands (X p.p.), Slovenia (X p.p.) and Bulgaria (X p.p.) significantly strengthened its position in terms of the global imports, while Russia and Germany saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Russia ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of global imports. Egypt, the Netherlands, Bosnia and Herzegovina, Romania, Palestine, Austria, Slovenia and Bulgaria lagged somewhat behind, together accounting for a further X%.

Egypt, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average sour cherry import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price, however, continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2019 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (X%), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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