Report Update Apr 1, 2024

New Zealand - Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights

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New Zealand: Sour Cherry Market 2024

Sour Cherry Market Size in New Zealand

The New Zealand sour cherry market shrank sharply to $X in 2022, waning by X% against the previous year. In general, consumption, however, faced a sharp downturn. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Sour Cherry Production in New Zealand

In value terms, sour cherry production stood at less than $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume decreased by X%. Sour cherry production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The average yield of sour cherries in New Zealand stood at less than X kg per ha in 2022, therefore, remained relatively stable against the year before. In general, 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, approx. less than X ha of sour cherries were harvested in New Zealand; flattening at the year before. Over the period under review, the harvested area saw a relatively flat trend pattern.

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Sour Cherry Exports

Exports from New Zealand

Sour cherry exports from New Zealand totaled X kg in 2019, almost unchanged from 2018. Overall, exports continue to indicate a dramatic descent. The smallest decline of X% was in 2013. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2019, the exports stood at a somewhat lower figure.

In value terms, sour cherry exports stood at $X in 2019. In general, exports continue to indicate a significant decrease. The smallest decline of X% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2019, the exports failed to regain momentum.

Exports by Country

Malaysia (X kg) was the main destination for sour cherry exports from New Zealand, accounting for a X% share of total exports. Moreover, sour cherry exports to Malaysia exceeded the volume sent to the second major destination, Vietnam (X kg), fourfold. The third position in this ranking was held by India (X kg), with a X% share.

From 2012 to 2019, the average annual rate of growth in terms of volume to Malaysia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and India (X% per year).

It was followed by Vietnam, with a X% share.

From 2012 to 2019, the average annual rate of growth in terms of value to Malaysia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (X% per year) and Vietnam (X% per year).

Export Prices by Country

In 2019, the average sour cherry export price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price saw a moderate increase. The pace of growth was the most pronounced in 2013 when the average export price decreased by X% against the previous year. The export price peaked in 2019 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2019, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (X%).

Sour Cherry Imports

Imports into New Zealand

In 2022, supplies from abroad of sour cherries decreased by X% to X kg, falling for the second year in a row after two years of growth. Over the period under review, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, sour cherry imports dropped notably to $X in 2022. In general, imports showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X kg) was the main sour cherry supplier to New Zealand, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Turkey was relatively modest.

In value terms, Turkey ($X) constituted the largest supplier of sour cherries to New Zealand.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey was relatively modest.

Import Prices by Country

In 2022, the average sour cherry import price amounted to $X per kg, jumping by X% against the previous year. Overall, the import price, however, saw a dramatic downturn. Over the period under review, average import prices reached the peak figure at $X per kg in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

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

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 accounting for 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, with a combined 41% share of global production. Poland, Serbia, Iran, the United States, Uzbekistan, Hungary, Belarus, Azerbaijan and Romania lagged somewhat behind, together comprising a further 51%.

What are the leading suppliers of sour cherries to New Zealand?

In value terms, Turkey constituted the largest supplier of sour cherries to New Zealand.

What are the leading importers of sour cherries from New Zealand?

It was followed by Vietnam, with a 1.7% share.

What is the average export price for sour cherries in New Zealand?

In 2019, the average sour cherry export price amounted to $11,700 per ton, approximately mirroring the previous year.

What is the average import price for sour cherries in New Zealand?

The average sour cherry import price stood at $13 per kg in 2022, with an increase of 79% against the previous year.

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

New Zealand

Data coverage:

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