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

Sour Cherry Market Size in Romania

In 2020, after two years of growth, there was significant decline in the Romanian sour cherry market, when its value decreased by -X% to $X. Overall, consumption, however, saw a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Sour cherry consumption peaked at $X in 2019, and then shrank notably in the following year.

Sour Cherry Production in Romania

In value terms, sour cherry production fell markedly to $X in 2020 estimated in export prices. Overall, production saw a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, production reached the maximum level at $X in 2019, and then declined notably in the following year.

In 2020, the average sour cherry yield in Romania reduced remarkably to X kg per ha, which is down by -X% on 2019. In general, the yield showed a deep reduction. Over the period under review, the average sour cherry yield hit record highs at X tonnes per ha in 2018; however, from 2019 to 2020, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the total area harvested in terms of sour cherries production in Romania contracted remarkably to X ha, with a decrease of -X% against 2019 figures. In general, the harvested area, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha, and then declined markedly in the following year.

Sour Cherry Exports

Exports from Romania

For the third consecutive year, Romania recorded decline in shipments abroad of sour cherries, which decreased by -X% to X tonnes in 2020. In general, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Exports peaked at X tonnes in 2014; however, from 2015 to 2020, exports remained at a lower figure.

In value terms, sour cherry exports dropped significantly to $X in 2020. Overall, exports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

Spain (X tonnes), Italy (X tonnes) and Sweden (X tonnes) were the main destinations of sour cherry exports from Romania, together comprising X% of total exports. These countries were followed by Denmark, France, the UK and Hungary, which together accounted for a further X 2012 to 2020, the biggest increases were in the UK (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Italy ($X) and Sweden ($X) constituted the largest markets for sour cherry exported from Romania worldwide, together accounting for X% of total exports. Denmark, France, the UK and Hungary lagged somewhat behind, together accounting for a further X UK (+X% per year) recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average sour cherry export price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the export price enjoyed a strong expansion. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2020, the highest prices were recorded for prices to Denmark ($X per tonne) and Spain ($X per tonne), while the average price for exports to France ($X per tonne) and the UK ($X per tonne) were amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Sour Cherry Imports

Imports into Romania

In 2020, sour cherry imports into Romania soared to X tonnes, picking up by X% against 2019. Overall, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure in 2020 and are likely to see steady growth in years to come.

In value terms, sour cherry imports soared to $X in 2020. Over the period under review, imports showed strong growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked in 2020 and are likely to continue growth in the immediate term.

Imports by Country

Hungary (X tonnes), Serbia (X tonnes) and Greece (X tonnes) were the main suppliers of sour cherry imports to Romania, together accounting for X% of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Serbia ($X) and Greece ($X) constituted the largest sour cherry suppliers to Romania, together accounting for X% of total imports.

Serbia (+X% per year) saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2020, the average sour cherry import price amounted to $X per tonne, jumping by X% against the previous year. In general, the import price, however, recorded a mild reduction. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Serbia ($X per tonne), while the price for Greece ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Serbia, 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 sour cherry consumption in 2020 were Russia (250K tonnes), Turkey (182K tonnes) and Ukraine (171K tonnes), together comprising 42% of global consumption. Poland, Iran, the U.S., Serbia, Uzbekistan, Hungary, Azerbaijan, Germany and Belarus lagged somewhat behind, together accounting for a further 50%.
What are the largest producers of sour cherries in the world?
+
The countries with the highest volumes of sour cherry production in 2020 were Russia (243K tonnes), Turkey (182K tonnes) and Ukraine (171K tonnes), with a combined 42% share of global production. These countries were followed by Poland, Iran, the U.S., Serbia, Uzbekistan, Hungary and Azerbaijan, which together accounted for a further 48%.
What are the leading suppliers of sour cherries to Romania?
+
In value terms, Hungary ($677K), Serbia ($499K) and Greece ($44K) appeared to be the largest sour cherry suppliers to Romania, with a combined 95% share of total imports.
What are the leading importers of sour cherries from Romania?
+
In value terms, Spain ($13K), Italy ($7.8K) and Sweden ($4.8K) constituted the largest markets for sour cherry exported from Romania worldwide, with a combined 80% share of total exports. Denmark, France, the UK and Hungary lagged somewhat behind, together accounting for a further 17%.
What is the average export price for sour cherries in Romania?
+
In 2020, the average sour cherry export price amounted to $2,822 per tonne, surging by 72% against the previous year.
What is the average import price for sour cherries in Romania?
+
In 2020, the average sour cherry import price amounted to $934 per tonne, jumping by 23% against the previous year.

Product coverage:
• FCL 530 - Sour cherries

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

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

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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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