SADC: Market for Cherries and Sour Cherries 2024

Market Size for Cherries and Sour Cherries in SADC

The SADC cherry and sour cherry market surged to $X in 2022, increasing by X% against the previous year. In general, consumption showed a strong expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Cherries and Sour Cherries in SADC

In value terms, cherry and sour cherry production surged to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

South Africa (X tons) remains the largest cherry and sour cherry producing country in SADC, accounting for X% of total volume. Moreover, cherry and sour cherry production in South Africa exceeded the figures recorded by the second-largest producer, Madagascar (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume in South Africa amounted to X%.

The average cherry and sour cherry yield expanded significantly to X tons per ha in 2022, with an increase of X% on the previous year's figure. In general, the yield, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the cherry and sour cherry yield hit record highs at X tons per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of cherries and sour cherries were harvested in SADC; with an increase of X% on the year before. Over the period under review, the harvested area recorded a buoyant expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to cherry and sour cherry production reached the maximum at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Exports of Cherries and Sour Cherries

Exports in SADC

In 2022, shipments abroad of cherries and sour cherries increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports continue to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, cherry and sour cherry exports soared to $X in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

South Africa prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. Madagascar (X tons) followed a long way behind the leaders.

South Africa was also the fastest-growing in terms of the cherries and sour cherries exports, with a CAGR of X% from 2012 to 2022. Madagascar (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Madagascar (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest cherry and sour cherry supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Madagascar ($X), with a X% share of total exports.

In South Africa, cherry and sour cherry exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, rising by X% against the previous year. In general, the export price continues to indicate significant growth. The pace of growth appeared the most rapid in 2013 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Madagascar stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Imports of Cherries and Sour Cherries

Imports in SADC

In 2022, approx. X tons of cherries and sour cherries were imported in SADC; jumping by X% compared with the previous year. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, cherry and sour cherry imports surged to $X in 2022. Over the period under review, imports posted a prominent 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 in 2020; afterwards, it flattened through to 2022.

Imports by Country

In 2022, South Africa (X tons) represented the main importer of cherries and sour cherries, making up X% of total imports. Mauritius (X tons) ranks second in terms of the total imports with a X% share, followed by Botswana (X%) and Tanzania (X%). Namibia (X tons), Mozambique (X tons), Zambia (X tons), Angola (X tons) and Democratic Republic of the Congo (X tons) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Mozambique (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cherry and sour cherry importing markets in SADC were South Africa ($X), Mauritius ($X) and Botswana ($X), with a combined X% share of total imports. Namibia, Mozambique, Angola, Zambia, Tanzania and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Mozambique, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, growing by X% against the previous year. Import price indicated a prominent increase 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 import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mauritius ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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