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

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Sour Cherry Market Size in India

The Indian sour cherry market soared to $X in 2019, jumping by X% 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). Over the period under review, consumption recorded a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Sour Cherry Exports

Exports from India

In 2019, shipments abroad of sour cherries increased by X% to X kg, rising for the fourth year in a row after two years of decline. Over the period under review, exports enjoyed a remarkable increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure in 2019 and are likely to see gradual growth in the near future.

In value terms, sour cherry exports skyrocketed to $X in 2019. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum in 2019 and are likely to see gradual growth in the immediate term.

Exports by Country

Nepal (X kg) was the main destination for sour cherry exports from India, with a X% share of total exports. Moreover, sour cherry exports to Nepal exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), sixfold. Guyana (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2019, the average annual growth rate of volume to Nepal totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Guyana (X% per year).

In value terms, Nepal ($X) remains the key foreign market for sour cherry exports from India, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Guyana, with a X% share.

From 2012 to 2019, the average annual rate of growth in terms of value to Nepal stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Guyana (X% per year).

Export Prices by Country

The average sour cherry export price stood at $X per tonne in 2019, rising by X% against the previous year. Overall, the export price continues to indicate a tangible increase. The most prominent rate of growth was recorded in 2015 an increase of X% y-o-y. As a result, export price attained the peak level of $X per tonne. From 2016 to 2019, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the United Arab Emirates ($X per tonne), while the average price for exports to Guyana ($X per tonne) was amongst the lowest.

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

Sour Cherry Imports

Imports into India

Sour cherry imports into India skyrocketed to X tonnes in 2019, rising by X% compared with the year before. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sour cherry imports surged to $X in 2019. In general, imports continue to indicate a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Chile (X tonnes), Turkey (X tonnes) and Australia (X tonnes) were the main suppliers of sour cherry imports to India, with a combined X% share of total imports.

From 2012 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Australia ($X) and Turkey ($X) constituted the largest sour cherry suppliers to India, with a combined X% share of total imports.

In terms of the main suppliers, Turkey (+X% per year) saw the highest rates of growth with regard to 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

The average sour cherry import price stood at $X per tonne in 2019, declining by -X% against the previous year. Over the period under review, the import price showed a abrupt slump. The pace of growth appeared the most rapid in 2013 an increase of X% year-to-year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Canada ($X per tonne), while the price for Afghanistan ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Thailand, while the prices for the other major suppliers experienced a decline.

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 (255K tonnes), Turkey (182K tonnes) and Ukraine (167K tonnes), together accounting for 42% of global consumption. These countries were followed by Poland, Iran, the U.S., Serbia, Uzbekistan, Hungary, Azerbaijan, Romania and Germany, which together accounted for a further 49%.
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 (244K tonnes), Turkey (182K tonnes) and Ukraine (167K tonnes), together accounting for 42% of global production. These countries were followed by Poland, Iran, the U.S., Serbia, Uzbekistan and Hungary, which together accounted for a further 43%.
What are the leading suppliers of sour cherries to India?
+
In value terms, the largest sour cherry suppliers to India were Chile ($275K), Australia ($190K) and Turkey ($82K), together accounting for 89% of total imports.
What are the leading importers of sour cherries from India?
+
In value terms, Nepal ($967) remains the key foreign market for sour cherry exports from India, comprising 70% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($328), with a 24% share of total exports. It was followed by Guyana, with a 2.2% share.
What is the average export price for sour cherries in India?
+
The average sour cherry export price stood at $5,019 per tonne in 2019, rising by 11% against the previous year.
What is the average import price for sour cherries in India?
+
The average sour cherry import price stood at $1,838 per tonne in 2019, shrinking by -28.4% against the previous year.

Product coverage:
• FCL 530 - Sour cherries

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

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