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

Sour Cherry Market Size in Southern Asia

The South Asian sour cherry market fell significantly to $X in 2020, dropping by -X% against the previous year. Over the period under review, consumption recorded a perceptible decline. The most prominent rate of growth was recorded in 2019 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X, and then dropped markedly in the following year.

Sour Cherry Production in Southern Asia

In value terms, sour cherry production contracted to $X in 2020 estimated in export prices. Overall, production continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

The countries with the highest volumes of sour cherry production in 2020 were Afghanistan (X tonnes) and Pakistan (X tonnes).

From 2012 to 2020, the biggest increases were in Afghanistan.

Production By Country in Southern Asia

The countries with the highest volumes of sour cherry production in 2020 were Afghanistan (X tonnes) and Pakistan (X tonnes).

From 2012 to 2020, the biggest increases were in Afghanistan.

Sour Cherry Exports

Exports in Southern Asia

In 2020, shipments abroad of sour cherries increased by X% to X tonnes, rising for the second year in a row after three years of decline. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The volume of export peaked in 2020 and is likely to see steady growth in the immediate term.

In value terms, sour cherry exports contracted to $X in 2020. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. The level of export peaked at $X in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

Exports by Country

Afghanistan dominates sour cherry exports structure, finishing at X tonnes, which was approx. X% of total exports in 2020. It was distantly followed by Sri Lanka (X tonnes), achieving a X% share of total exports. India (X kg) followed a long way behind the leaders.

Afghanistan was also the fastest-growing in terms of the sour cherries exports, with a CAGR of +X% from 2012 to 2020. At the same time, Sri Lanka (+X%) and India (+X%) displayed positive paces of growth. While the share of Afghanistan (+X p.p.) increased significantly in terms of the total exports from 2012-2020, the share of India (-X p.p.) and Sri Lanka (-X p.p.) displayed negative dynamics.

In value terms, Afghanistan ($X) remains the largest sour cherry supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was occupied by Sri Lanka ($X), with a X% share of total exports.

In Afghanistan, sour cherry exports expanded at an average annual rate of +X% over the period from 2012-2020. In the other countries, the average annual rates were as follows: Sri Lanka (+X% per year) and India (-X% per year).

Export Prices by Country

The sour cherry export price in Southern Asia stood at $X per tonne in 2020, declining by -X% against the previous year. Overall, the export price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2015 an increase of X% year-to-year. Over the period under review, export prices hit record highs at $X per tonne in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Sri Lanka ($X per tonne), while India ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Sri Lanka, while the other leaders experienced a decline in the export price figures.

Sour Cherry Imports

Imports in Southern Asia

Sour cherry imports contracted significantly to X tonnes in 2020, which is down by -X% against the year before. Overall, imports recorded a deep downturn. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

In value terms, sour cherry imports reduced markedly to $X in 2020. In general, imports 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, imports reached the peak of $X, and then shrank rapidly in the following year.

Imports by Country

In 2020, India (X tonnes) represented the main importer of sour cherries, mixing up X% of total imports. Maldives (X tonnes) held the second position in the ranking, followed by Sri Lanka (X tonnes). All these countries together took approx. X% share of total imports.

India was also the fastest-growing in terms of the sour cherries imports, with a CAGR of +X% from 2012 to 2020. Maldives (-X%) and Sri Lanka (-X%) illustrated a downward trend over the same period. While the share of India (+X p.p.) and Maldives (+X p.p.) increased significantly in terms of the total imports from 2012-2020, the share of Sri Lanka (-X p.p.) displayed negative dynamics.

In value terms, India ($X) constitutes the largest market for imported sour cherries in Southern Asia, comprising X% of total imports. The second position in the ranking was occupied by Maldives ($X), with a X% share of total imports.

In India, sour cherry imports remained relatively stable over the period from 2012-2020. In the other countries, the average annual rates were as follows: Maldives (+X% per year) and Sri Lanka (-X% per year).

Import Prices by Country

In 2020, the sour cherry import price in Southern Asia amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the import price, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. The level of import peaked at $X per tonne in 2019, and then contracted significantly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Maldives ($X per tonne), while Sri Lanka ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Sri Lanka, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sour cherries in Southern Asia?
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India (49 tonnes) constituted the country with the largest volume of sour cherry consumption, accounting for 62% of total volume. Moreover, sour cherry consumption in India exceeded the figures recorded by the second-largest consumer, Pakistan (18 tonnes), threefold. Maldives (6.2 tonnes) ranked third in terms of total consumption with a 7.9% share.
What are the largest producers of sour cherries in Southern Asia?
+
The countries with the highest volumes of sour cherry production in 2020 were Afghanistan (23 tonnes) and Pakistan (19 tonnes).
What are the leading suppliers of sour cherries in Southern Asia?
+
In value terms, Afghanistan ($27K) remains the largest sour cherry supplier in Southern Asia, comprising 78% of total exports. The second position in the ranking was occupied by Sri Lanka ($6.1K), with a 18% share of total exports.
What are the leading importers of sour cherries in Southern Asia?
+
In value terms, India ($241K) constitutes the largest market for imported sour cherries in Southern Asia, comprising 82% of total imports. The second position in the ranking was occupied by Maldives ($47K), with a 16% share of total imports.
What is the average export price for sour cherries in Southern Asia?
+
The sour cherry export price in Southern Asia stood at $1,444 per tonne in 2020, dropping by -38.1% against the previous year.
What is the average import price for sour cherries in Southern Asia?
+
In 2020, the sour cherry import price in Southern Asia amounted to $4,768 per tonne, declining by -30.9% against the previous year.

Product coverage:
• FCL 530 - Sour cherries

This report provides an in-depth analysis of the sour cherry market in Southern Asia. 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:
• Afghanistan
• Bhutan
• Maldives
• Nepal

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Southern Asia, split by region and country
• Trade (exports and imports) in Southern Asia
• 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
CONSUMPTION BY COUNTRY
3.3
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 VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Bangladesh
• Bhutan
• India
• Maldives
• Nepal
• Pakistan
• Sri Lanka
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, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Harvested Area, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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