South Africa: Cherry Market 2024

Cherry Market Size in South Africa

The South African cherry market soared to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, showed a mild setback. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Cherry Production in South Africa

In value terms, cherry production soared to $X in 2022 estimated in export price. In general, production enjoyed a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Cherry production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The average yield of cherries in South Africa soared to X tons per ha in 2022, jumping by X% on the previous year. Overall, the yield, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The cherry yield peaked at X tons per ha in 2016; however, from 2017 to 2022, 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 2022, the total area harvested in terms of cherries production in South Africa expanded rapidly to X ha, picking up by X% against the previous year. In general, the harvested area posted a buoyant expansion. The pace of growth appeared the most rapid in 2015 when the harvested area increased by X% against the previous year. The cherry harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Cherry Exports

Exports from South Africa

In 2022, overseas shipments of cherries increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports posted resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, cherry exports soared to $X in 2022. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2015 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The UK (X tons) was the main destination for cherry exports from South Africa, with a X% share of total exports. Moreover, cherry exports to the UK exceeded the volume sent to the second major destination, Malaysia (X tons), fivefold. The third position in this ranking was held by the United Arab Emirates (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the UK totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and the United Arab Emirates (X% per year).

In value terms, the UK ($X) remains the key foreign market for cherries exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the UK amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average cherry export price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then dropped slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia ($X per ton), while the average price for exports to Lesotho ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cherry Imports

Imports into South Africa

In 2022, the amount of cherries imported into South Africa skyrocketed to X tons, increasing by X% on the year before. Overall, imports posted a temperate expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, cherry imports surged to $X in 2022. Over the period under review, imports saw a strong expansion. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Spain (X tons), the UK (X tons) and Bulgaria (X tons) were the main suppliers of cherry imports to South Africa.

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

In value terms, the largest cherry suppliers to South Africa were the UK ($X), Spain ($X) and Bulgaria ($X), together accounting for X% of total imports.

In terms of the main suppliers, the UK, with a CAGR of X%, recorded 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

In 2022, the average cherry import price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, import price indicated a strong 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 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 import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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