Greece: Market for Cherries and Sour Cherries 2024

Market Size for Cherries and Sour Cherries in Greece

The Greek cherry and sour cherry market rose significantly to $X in 2022, surging by X% against the previous year. In general, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in years to come.

Production of Cherries and Sour Cherries in Greece

In value terms, cherry and sour cherry production rose markedly to $X in 2022 estimated in export price. Over the period under review, the total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The average yield of cherries and sour cherries in Greece contracted slightly to X tons per ha in 2022, declining by X% on 2021. In general, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the yield increased by X% against the previous year. Over the period under review, the average cherry and sour cherry yield reached the peak level at X tons per ha in 2016; however, from 2017 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.

The cherry and sour cherry harvested area in Greece expanded remarkably to X ha in 2022, picking up by X% compared with the previous year's figure. Over the period under review, the total harvested area indicated a resilient expansion from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cherry and sour cherry harvested area decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the harvested area increased by X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2021 to 2022, the growth of the cherry and sour cherry harvested area remained at a lower figure.

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Exports of Cherries and Sour Cherries

Exports from Greece

In 2022, overseas shipments of cherries and sour cherries decreased by X% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, exports, however, saw strong growth. The growth pace was the most rapid in 2013 when exports increased by X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, cherry and sour cherry exports reduced dramatically to $X in 2022. Overall, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Romania (X tons) and Italy (X tons) were the main destinations of cherry and sour cherry exports from Greece, with a combined X% share of total exports. Poland, Bulgaria, Latvia, Lithuania, the Netherlands, Croatia, the UK, Spain, Estonia and Cyprus lagged somewhat behind, together comprising a further X%.

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

In value terms, Germany ($X) remains the key foreign market for cherries and sour cherries exports from Greece, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with an X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Italy (X% per year).

Export Prices by Country

The average cherry and sour cherry export price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the export price showed a perceptible decline. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced a decline.

Imports of Cherries and Sour Cherries

Imports into Greece

In 2022, approx. X tons of cherries and sour cherries were imported into Greece; growing by X% on the previous year. In general, imports, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, cherry and sour cherry imports dropped to $X in 2022. Over the period under review, imports, however, showed a pronounced setback. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Italy (X tons), Spain (X tons) and North Macedonia (X tons) were the main suppliers of cherry and sour cherry imports to Greece, with a combined X% share of total imports.

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

In value terms, Spain ($X) constituted the largest supplier of cherries and sour cherries to Greece, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average cherry and sour cherry import price amounted to $X per ton, falling by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X%. The import price peaked at $X per ton in 2021, and then contracted markedly in the following year.

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

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

Source: IndexBox Platform

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