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

Sour Cherry Market Size in South Africa

The South African sour cherry market surged to $X in 2020, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Sour Cherry Exports

Exports from South Africa

In 2020, shipments abroad of sour cherries increased by X% to X tonnes, rising for the third year in a row after five years of decline. In general, exports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

In value terms, sour cherry exports surged to $X in 2020. Overall, exports, however, saw a abrupt descent. The growth pace was the most rapid in 2019 when exports increased by X% year-to-year. Exports peaked at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The UK (X tonnes) was the main destination for sour cherry exports from South Africa, with a X% share of total exports. Moreover, sour cherry exports to the UK exceeded the volume sent to the second major destination, Botswana (X tonnes), fivefold. India (X tonnes) ranked third in terms of total exports with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume to the UK stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (-X% per year) and India (+X% per year).

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

From 2012 to 2020, the average annual rate of growth in terms of value to the UK stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and Botswana (-X% per year).

Export Prices by Country

In 2020, the average sour cherry export price amounted to $X per tonne, rising by X% against the previous year. In general, the export price showed a buoyant increase. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2017; afterwards, it flattened through to 2020.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Malaysia ($X per tonne), while the average price for exports to India ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Swaziland, while the prices for the other major destinations experienced more modest paces of growth.

Sour Cherry Imports

Imports into South Africa

For the fourth consecutive year, South Africa recorded growth in purchases abroad of sour cherries, which increased by X% to X tonnes in 2020. Over the period under review, imports showed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sour cherry imports surged to $X in 2020. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, the UK (X tonnes) constituted the largest supplier of sour cherry to South Africa, with a X% share of total imports. Moreover, sour cherry imports from the UK exceeded the figures recorded by the second-largest supplier, Turkey (X tonnes), sevenfold.

From 2012 to 2020, the average annual rate of growth in terms of volume from the UK amounted to +X%.

In value terms, the UK ($X) constituted the largest supplier of sour cherry to South Africa, comprising X% of total imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports.

From 2012 to 2020, the average annual growth rate of value from the UK totaled +X%.

Import Prices by Country

In 2020, the average sour cherry import price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the import price continues to indicate strong growth. The pace of growth was the most pronounced in 2013 when the average import price increased by X% y-o-y. The import price peaked in 2020 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the UK ($X per tonne), while the price for Turkey stood at $X per tonne.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the UK.

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 accounting for 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), together accounting for 42% 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 South Africa?
+
In value terms, the UK ($472K) constituted the largest supplier of sour cherry to South Africa, comprising 91% of total imports. The second position in the ranking was occupied by Turkey ($44K), with a 8.5% share of total imports.
What are the leading importers of sour cherries from South Africa?
+
In value terms, the UK ($84K) remains the key foreign market for sour cherry exports from South Africa, comprising 80% of total exports. The second position in the ranking was occupied by Malaysia ($7.4K), with a 7.1% share of total exports. It was followed by Botswana, with a 5.1% share.
What is the average export price for sour cherries in South Africa?
+
In 2020, the average sour cherry export price amounted to $4,753 per tonne, with an increase of 18% against the previous year.
What is the average import price for sour cherries in South Africa?
+
The average sour cherry import price stood at $7,389 per tonne in 2020, increasing by 5.8% against the previous year.

Product coverage:
• FCL 530 - Sour cherries

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

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