Russian Federation: Sour Cherry Market 2024

Sour Cherry Market Size in the Russian Federation

The Russian sour cherry market declined slightly to $X in 2022, leveling off at the previous year. Over the period under review, the total consumption indicated perceptible growth from 2012 to 2022: its value 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, consumption increased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Sour Cherry Production in the Russian Federation

In value terms, sour cherry production amounted to $X in 2022 estimated in export price. Overall, production saw modest growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

In 2022, the average yield of sour cherries in Russia was estimated at X tons per ha, leveling off at 2021 figures. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X%. The sour cherry yield peaked at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of sour cherries in Russia totaled X ha, approximately equating 2021. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2018 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to sour cherry production attained the maximum at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

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Sour Cherry Exports

Exports from the Russian Federation

After two years of decline, shipments abroad of sour cherries increased by X% to X tons in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, sour cherry exports soared to $X in 2022. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Serbia (X tons) was the main destination for sour cherry exports from Russia, with a X% share of total exports. It was followed by the United Arab Emirates (X tons), with a X% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to Serbia amounted to X%.

In value terms, Serbia ($X) emerged as the key foreign market for sour cherries exports from Russia, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of value to Serbia totaled X%.

Export Prices by Country

In 2022, the average sour cherry export price amounted to $X per ton, falling by X% against the previous year. In general, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 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 Serbia ($X per ton), while the average price for exports to the United Arab Emirates stood at $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (X%).

Sour Cherry Imports

Imports into the Russian Federation

In 2022, sour cherry imports into Russia reduced notably to X tons, with a decrease of X% compared with the previous year. Overall, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, sour cherry imports contracted rapidly to $X in 2022. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Serbia (X tons), Moldova (X tons) and Turkey (X tons) were the main suppliers of sour cherry imports to Russia, together comprising X% of total imports. Uzbekistan, Poland and Azerbaijan lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Serbia ($X) constituted the largest supplier of sour cherries to Russia, comprising X% of total imports. The second position in the ranking was held by Moldova ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Serbia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Moldova (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

The average sour cherry import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a mild decline. The growth pace was the most rapid in 2016 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Serbia ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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