Spain: Sour Cherry Market 2024

Sour Cherry Market Size in Spain

The Spanish sour cherry market surged to $X in 2022, rising by X% against the previous year. Overall, consumption saw a resilient expansion. Sour cherry consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Sour Cherry Production in Spain

In value terms, sour cherry production expanded markedly to $X in 2022 estimated in export price. In general, production saw a tangible increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. Sour cherry production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The average yield of sour cherries in Spain fell to X tons per ha in 2022, shrinking by X% against the previous year. Overall, the yield indicated buoyant growth from 2012 to 2022: its figure 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, sour cherry yield increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2022, the growth of the average sour cherry yield remained 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, approx. X ha of sour cherries were harvested in Spain; rising by X% against the previous year's figure. Over the period under review, the harvested area, however, saw a noticeable downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the harvested area dedicated to sour cherry production reached the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Sour Cherry Exports

Exports from Spain

Sour cherry exports from Spain shrank sharply to X tons in 2022, declining by X% against the previous year. In general, exports showed a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, sour cherry exports fell remarkably to $X in 2022. Overall, exports saw a deep contraction. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X tons), Italy (X tons) and Portugal (X tons) were the main destinations of sour cherry exports from Spain, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for sour cherry exported from Spain were Belgium ($X), Italy ($X) and France ($X), with a combined X% share of total exports. The UK, Germany, Portugal and the Netherlands lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Portugal, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average sour cherry export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, export price indicated a tangible 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. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Portugal ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sour Cherry Imports

Imports into Spain

In 2022, overseas purchases of sour cherries decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, showed a slight expansion. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, sour cherry imports contracted to $X in 2022. In general, imports saw a perceptible decline. The growth pace was the most rapid in 2019 when imports increased by X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Greece (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of sour cherry imports to Spain, with a combined X% share of total imports.

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

In value terms, Greece ($X), the Netherlands ($X) and Germany ($X) were the largest sour cherry suppliers to Spain, with a combined X% share of total imports.

Greece, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sour cherry import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat 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 France ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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