Sweden - Cherries (Sour) - Market Analysis, Forecast, Size, Trends and Insights

Sweden: Sour Cherry Market Overview 2020

Sour Cherry Market Size in Sweden

The revenue of the sour cherry market in Sweden amounted to $X in 2018, growing 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). Over the period under review, sour cherry consumption continues to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2013 when the market value increased by X% year-to-year. Sour cherry consumption peaked in 2018 and is likely to continue its growth in the near future.

Sour Cherry Exports

Exports from Sweden

Sour cherry exports from Sweden amounted to X tonnes in 2018, surging by X% against the previous year. In general, sour cherry exports, however, continue to indicate a temperate contraction. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, sour cherry exports reached their maximum at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, sour cherry exports stood at $X in 2018. In general, sour cherry exports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2013 with a decrease of -X% year-to-year. Over the period under review, sour cherry exports reached their peak figure at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

Finland (X tonnes) was the main destination for sour cherry exports from Sweden, with a X% share of total exports. Moreover, sour cherry exports to Finland exceeded the volume sent to the second major destination, the Netherlands (X kg), sevenfold.

From 2007 to 2018, the average annual growth rate of volume to Finland was relatively modest.

In value terms, Finland ($X) and the Netherlands ($X) appeared to be the largest markets for sour cherry exported from Sweden worldwide, together comprising X% of total exports.

The Netherlands experienced the highest rates of growth with regard to exports, among the main countries of destination over the last eleven-year period.

Export Prices by Country

The average sour cherry export price stood at $X per tonne in 2018, shrinking by -X% against the previous year. Over the period under review, the sour cherry export price continues to indicate a drastic curtailment. The pace of growth was the most pronounced in 2017 an increase of X% y-o-y. In that year, the average export prices for sour cherries attained their peak level of $X per tonne, and then declined slightly in the following year.

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 Finland stood at $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands.

Sour Cherry Imports

Imports into Sweden

In 2018, the amount of sour cherries imported into Sweden totaled X tonnes, jumping by X% against the previous year. Overall, sour cherry imports continue to indicate outstanding growth. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, sour cherry imports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

In value terms, sour cherry imports totaled $X in 2018. Overall, sour cherry imports continue to indicate an extraordinary increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% y-o-y. Imports peaked in 2018 and are likely to see steady growth in the immediate term.

Imports by Country

In 2018, Denmark (X tonnes) was the main supplier of sour cherry to Sweden, with a X% share of total imports. Moreover, sour cherry imports from Denmark exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), more than tenfold.

From 2007 to 2018, the average annual rate of growth in terms of volume from Denmark stood at +X%.

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

From 2007 to 2018, the average annual growth rate of value from Denmark amounted to +X%.

Import Prices by Country

In 2018, the average sour cherry import price amounted to $X per tonne, approximately equating the previous year. Over the period under review, the sour cherry import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% year-to-year. In that year, the average import prices for sour cherries attained their peak level of $X per tonne; afterwards, it flattened through to 2018.

Average prices varied noticeably amongst the major supplying countries. In 2018, the country with the highest price was Denmark ($X per tonne), while the price for the Netherlands amounted to $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Denmark.

Source: IndexBox AI Platform