Sweden: Sour Cherry Market Overview 2021

Sour Cherry Market Size in Sweden

After two years of growth, the Swedish sour cherry market decreased by -X% to $X in 2020. Overall, consumption saw a precipitous decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Sour cherry consumption peaked at $X in 2012; however, from 2013 to 2020, consumption failed to regain the momentum.

Sour Cherry Production in Sweden

In value terms, sour cherry production expanded remarkably to $X in 2020 estimated in export prices. Overall, production faced a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

In 2020, the average yield of sour cherries in Sweden declined to X kg per ha, falling by -X% on the year before. In general, the yield continues to indicate a sharp setback. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, the average sour cherry yield hit record highs at X tonnes per ha in 2015; however, from 2016 to 2020, 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 2020, the harvested area of sour cherries in Sweden reached X ha, remaining stable against the previous year. Over the period under review, the harvested area showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha. from 2015 to 2020, the growth of the sour cherry harvested area remained at a somewhat lower figure.

Sour Cherry Exports

Exports from Sweden

In 2020, overseas shipments of sour cherries increased by X% to X tonnes, rising for the second consecutive year after three years of decline. In general, exports saw a remarkable increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X tonnes in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, sour cherry exports soared to $X in 2020. Over the period under review, exports showed a prominent increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, exports attained the peak of $X. from 2014 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Denmark (X tonnes) was the main destination for sour cherry exports from Sweden, with a X% share of total exports. It was followed by the Netherlands (X kg), with a X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Denmark stood at +X%.

In value terms, Denmark ($X) remains the key foreign market for sour cherry exports from Sweden, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of value to Denmark amounted to +X%.

Export Prices by Country

In 2020, the average sour cherry export price amounted to $X per tonne, surging by X% against the previous year. Overall, the export price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. The export price peaked in 2020 and is expected to retain growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Denmark amounted to $X per tonne.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands.

Sour Cherry Imports

Imports into Sweden

In 2020, the amount of sour cherries imported into Sweden shrank significantly to X tonnes, which is down by -X% on the previous year's figure. Overall, imports saw a significant contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at X tonnes in 2013; however, from 2014 to 2020, imports remained at a lower figure.

In value terms, sour cherry imports plummeted to $X in 2020. Over the period under review, imports faced a sharp decline. The pace of growth appeared the most rapid in 2018 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Serbia (X tonnes) was the main supplier of sour cherry to Sweden, with a approx. X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from Serbia was relatively modest.

In value terms, Serbia ($X) constituted the largest supplier of sour cherry to Sweden.

From 2012 to 2020, the average annual growth rate of value from Serbia was relatively modest.

Import Prices by Country

In 2020, the average sour cherry import price amounted to $X per tonne, which is down by -X% against the previous year. Overall, the import price faced a deep contraction. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne. from 2015 to 2020, the growth in terms of the average import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for Serbia.

From 2012 to 2020, the rate of growth in terms of prices for Serbia amounted to X% per year.

Source: IndexBox Platform