Report Update Apr 1, 2024

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

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Luxembourg: Sour Cherry Market 2024

Sour Cherry Market Size in Luxembourg

The Luxembourg sour cherry market soared to $X in 2022, rising by X% against the previous year. Overall, consumption recorded a strong increase. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Sour Cherry Production in Luxembourg

In value terms, sour cherry production amounted to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

The average yield of sour cherries in Luxembourg stood at less than X kg per ha in 2022, remaining relatively unchanged against the previous year. Overall, the yield saw 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 Luxembourg totaled less than X ha, stabilizing at the previous year's figure. Overall, the harvested area saw a relatively flat trend pattern.

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Sour Cherry Exports

Exports from Luxembourg

Sour cherry exports from Luxembourg reduced notably to X kg in 2022, shrinking by X% against the previous year's figure. Over the period under review, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, sour cherry exports dropped markedly to $X in 2022. In general, exports showed a deep setback. The pace of growth was the most pronounced in 2018 when exports increased by X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Belgium (X kg) was the main destination for sour cherry exports from Luxembourg, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Belgium stood at X%.

In value terms, Belgium ($X) emerged as the key foreign market for sour cherries exports from Luxembourg.

From 2012 to 2022, the average annual growth rate of value to Belgium amounted to X%.

Export Prices by Country

In 2022, the average sour cherry export price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price saw a perceptible shrinkage. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to X% per year.

Sour Cherry Imports

Imports into Luxembourg

In 2022, approx. X tons of sour cherries were imported into Luxembourg; rising by X% compared with 2021. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, sour cherry imports soared to $X in 2022. In general, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Belgium (X tons) was the main supplier of sour cherry to Luxembourg, with a X% share of total imports. Moreover, sour cherry imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

In value terms, Belgium ($X) constituted the largest supplier of sour cherries to Luxembourg, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

Import Prices by Country

The average sour cherry import price stood at $X per ton in 2022, waning by X% against the previous year. In general, the import price saw a deep slump. The pace of growth was the most pronounced in 2016 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (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, together accounting for 41% of global consumption. Poland, Serbia, Iran, the United States, Uzbekistan, Hungary, Belarus, Azerbaijan, Romania and Germany lagged somewhat behind, together comprising 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 accounting for 41% of global production. Poland, Serbia, Iran, the United States, Uzbekistan, Hungary, Belarus, Azerbaijan and Romania lagged somewhat behind, together accounting for a further 51%.

What are the leading suppliers of sour cherries to Luxembourg?

In value terms, Belgium constituted the largest supplier of sour cherries to Luxembourg, comprising 90% of total imports. The second position in the ranking was taken by Germany, with a 5.8% share of total imports.

What are the leading importers of sour cherries from Luxembourg?

In value terms, Belgium $235) emerged as the key foreign market for sour cherries exports from Luxembourg.

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

The average sour cherry export price stood at $2,975 per ton in 2022, leveling off at the previous year.

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

In 2022, the average sour cherry import price amounted to $4,698 per ton, shrinking by -35% against the previous year.

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

Luxembourg

Data coverage:

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