Sweden: Sour Cherry Market Overview 2021

Sour Cherry Market Size in Sweden

The Swedish sour cherry market reduced sharply to $X in 2019, falling by -X% against the previous year. Over the period under review, consumption continues to indicate a sharp contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. From 2015 to 2019, the growth of the market remained at a somewhat lower figure.

Sour Cherry Production in Sweden

In value terms, sour cherry production reduced notably to $X in 2019 estimated in export prices. Overall, production continues to indicate a significant curtailment. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2019, production growth remained at a lower figure.

The average yield of sour cherries in Sweden reduced to X kg per ha in 2019, declining by -X% compared with the previous year's figure. Overall, the yield showed a precipitous setback. The pace of growth appeared the most rapid in 2014 when the yield increased by X% y-o-y. The sour cherry yield peaked at X tonnes per ha in 2015; however, from 2016 to 2019, 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.

The sour cherry harvested area in Sweden rose to X ha in 2019, increasing by X% against 2018. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the harvested area increased by X% year-to-year. As a result, the harvested area attained the peak level of X ha. From 2015 to 2019, the growth of the sour cherry harvested area remained at a lower figure.

Sour Cherry Exports

Exports from Sweden

In 2019, the amount of sour cherries exported from Sweden dropped sharply to X kg, with a decrease of -X% on the year before. Overall, exports recorded a dramatic contraction. The smallest decline of -X% was in 2016. Exports peaked at X tonnes in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

In value terms, sour cherry exports declined remarkably to $X in 2019. Over the period under review, exports saw a precipitous contraction. The smallest decline of -X% was in 2013. Over the period under review, exports attained the peak figure at $X in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

Exports by Country

Finland (X kg) was the main destination for sour cherry exports from Sweden, accounting for a X% share of total exports. Moreover, sour cherry exports to Finland exceeded the volume sent to the second major destination, Denmark (X kg), more than tenfold.

From 2012 to 2019, the average annual rate of growth in terms of volume to Finland amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-X% per year) and the Czech Republic (-X% per year).

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

From 2012 to 2019, the average annual growth rate of value to Finland stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-X% per year) and the Czech Republic (+X% per year).

Export Prices by Country

In 2019, the average sour cherry export price amounted to $X per tonne, dropping by -X% against the previous year. In general, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the maximum at $X per tonne in 2015; however, from 2016 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was the Czech Republic ($X per tonne), while the average price for exports to Finland ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Denmark, while the prices for the other major destinations experienced mixed trend patterns.

Sour Cherry Imports

Imports into Sweden

After two years of growth, overseas purchases of sour cherries decreased by -X% to X tonnes in 2019. In general, imports recorded a deep slump. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at X tonnes in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

In value terms, sour cherry imports dropped remarkably to $X in 2019. Overall, imports saw a dramatic contraction. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, the UK (X tonnes) constituted the largest supplier of sour cherry to Sweden, with a X% share of total imports. Moreover, sour cherry imports from the UK exceeded the figures recorded by the second-largest supplier, Spain (X tonnes), threefold. The third position in this ranking was occupied by the Netherlands (X tonnes), with a X% share.

From 2012 to 2019, the average annual rate of growth in terms of volume from the UK totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and the Netherlands (-X% per year).

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

From 2012 to 2019, the average annual growth rate of value from the UK totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and Spain (+X% per year).

Import Prices by Country

In 2019, the average sour cherry import price amounted to $X per tonne, with an increase of X% against the previous year. In general, the import price, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2016 an increase of X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2017 to 2019, the growth in terms of the average import prices failed to regain the momentum.

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

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Iran, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sour cherries in the world?

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The countries with the highest volumes of sour cherry consumption in 2019 were Russia (255K tonnes), Turkey (182K tonnes) and Ukraine (167K tonnes), together accounting for 42% of global consumption. These countries were followed by Poland, Iran, the U.S., Serbia, Uzbekistan, Hungary, Azerbaijan, Romania and Germany, which together accounted for a further 49%.

What are the largest producers of sour cherries in the world?

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The countries with the highest volumes of sour cherry production in 2019 were Russia (244K tonnes), Turkey (182K tonnes) and Ukraine (167K tonnes), with a combined 42% share of global production. These countries were followed by Poland, Iran, the U.S., Serbia, Uzbekistan and Hungary, which together accounted for a further 43%.

What are the leading suppliers of sour cherries to Sweden?

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In value terms, the UK ($29K) constituted the largest supplier of sour cherry to Sweden, comprising 69% of total imports. The second position in the ranking was occupied by the Netherlands ($5.7K), with a 14% share of total imports. It was followed by Spain, with a 9.6% share.

What are the leading importers of sour cherries from Sweden?

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In value terms, Finland ($469) remains the key foreign market for sour cherry exports from Sweden, comprising 86% of total exports. The second position in the ranking was occupied by Denmark ($43), with a 7.8% share of total exports.

What is the average export price for sour cherries in Sweden?

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The average sour cherry export price stood at $1,922 per tonne in 2019, falling by -53% against the previous year.

What is the average import price for sour cherries in Sweden?

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In 2019, the average sour cherry import price amounted to $3,076 per tonne, surging by 6.3% against the previous year.