Indonesia: Market for Cherries and Sour Cherries 2024

Market Size for Cherries and Sour Cherries in Indonesia

The Indonesian cherry and sour cherry market was estimated at $X in 2022, increasing by X% against the previous year. Overall, consumption posted a significant increase. Cherry and sour cherry consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Production of Cherries and Sour Cherries in Indonesia

In value terms, cherry and sour cherry production amounted to $X in 2022 estimated in export price. In general, production recorded a dramatic slump. The pace of growth was the most pronounced in 2013 with a decrease of X% against the previous year. Cherry and sour cherry production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

In 2022, the average cherry and sour cherry yield in Indonesia amounted to less than X kg per ha, leveling off at 2021. In general, the yield continues to indicate 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 cherries and sour cherries production in Indonesia was estimated at less than X ha, approximately reflecting the year before. Over the period under review, the harvested area showed a relatively flat trend pattern.

Exports of Cherries and Sour Cherries

Exports from Indonesia

In 2022, overseas shipments of cherries and sour cherries decreased by X% to X kg, falling for the second year in a row after three years of growth. Over the period under review, exports faced a precipitous decrease. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cherry and sour cherry exports declined rapidly to $X in 2022. In general, exports showed a abrupt setback. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X kg) was the main destination for cherry and sour cherry exports from Indonesia, with a X% share of total exports. It was followed by Qatar (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Hong Kong SAR totaled X%.

In value terms, Hong Kong SAR ($X) remains the key foreign market for cherries and sour cherries exports from Indonesia, comprising X% of total exports. The second position in the ranking was taken by Qatar ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Hong Kong SAR stood at X%.

Export Prices by Country

In 2022, the average cherry and sour cherry export price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, export price indicated noticeable growth from 2012 to 2022: its price 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 export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Qatar stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cherries and Sour Cherries

Imports into Indonesia

In 2022, supplies from abroad of cherries and 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 saw a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, cherry and sour cherry imports skyrocketed to $X in 2022. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Australia (X tons) constituted the largest supplier of cherry and sour cherry to Indonesia, accounting for a X% share of total imports. Moreover, cherry and sour cherry imports from Australia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sevenfold. The third position in this ranking was held by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Australia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the United States (X% per year).

In value terms, Australia ($X) constituted the largest supplier of cherries and sour cherries to Indonesia, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

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

Import Prices by Country

The average cherry and sour cherry import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price showed a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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