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World - Cherries - Market Analysis, Forecast, Size, Trends and Insights
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Global Cherry Market Overview 2020

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Cherry Market Size

In 2019, the global cherry market increased by X% to $X, rising for the fourth year in a row after two years of decline. The market value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Global consumption peaked in 2019 and is expected to retain growth in years to come.

Cherry Production

In value terms, cherry production expanded to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Global production peaked in 2019 and is expected to retain growth in years to come.

The countries with the highest volumes of cherry production in 2019 were Turkey (X tonnes), the U.S. (X tonnes) and Ukraine (X tonnes), together comprising X% of global production. These countries were followed by Poland, Russia, Uzbekistan, Iran, Serbia, Italy, Romania, Germany and China, which together accounted for a further X 2007 to 2019, the biggest increases were in Uzbekistan, while cherry production for the other global leaders experienced more modest paces of growth.

The global average cherry yield amounted to X tonnes per ha in 2019, increasing by X% on 2018 figures. The yield figure increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. The global yield peaked in 2019 and is expected to retain growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the global harvested area of cherries amounted to X ha, remaining relatively unchanged against 2018. Over the period under review, the harvested area saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to cherry production attained the peak figure in 2019 and is expected to retain growth in years to come.

Production By Country

The countries with the highest volumes of cherry production in 2019 were Turkey (X tonnes), the U.S. (X tonnes) and Ukraine (X tonnes), together accounting for X% of global production. These countries were followed by Chile, Poland, Russia, Uzbekistan, Iran, Serbia, Italy, Spain and Hungary, which together accounted for a further X 2007 to 2019, the biggest increases were in Chile, while cherry production for the other global leaders experienced more modest paces of growth.

Cherry Exports

Exports

In 2019, approx. X tonnes of cherries were exported worldwide; picking up by X% compared with the year before. In general, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. Over the period under review, global exports hit record highs in 2019 and are expected to retain growth in the immediate term.

In value terms, cherry exports surged to $X in 2019. Overall, exports showed a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, global exports reached the peak figure in 2019 and are likely to see steady growth in years to come.

Exports by Country

Chile (X tonnes) and China, Hong Kong SAR (X tonnes) represented roughly X% of total exports of cherries in 2019. The U.S. (X tonnes) held the next position in the ranking, followed by Turkey (X tonnes). All these countries together occupied approx. X% share of total exports. Spain (X tonnes), Azerbaijan (X tonnes), Greece (X tonnes), Australia (X tonnes), Serbia (X tonnes), Uzbekistan (X tonnes) and Moldova (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by China, Hong Kong SAR, while exports for the other global leaders experienced more modest paces of growth.

In value terms, Chile ($X) remains the largest cherry supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global exports. It was followed by the U.S., with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value in Chile amounted to +X%. In the other countries, the average annual rates were as follows: China, Hong Kong SAR (+X% per year) and the U.S. (+X% per year).

Export Prices by Country

In 2019, the average cherry export price amounted to $X per tonne, growing by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2016 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the peak figure in 2019 and is likely to continue growth in the immediate term.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Moldova, while the other global leaders experienced more modest paces of growth.

Cherry Imports

Imports

Global cherry imports dropped to X tonnes in 2019, approximately reflecting the year before. In general, imports, however, enjoyed prominent growth. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. As a result, imports attained the peak of X tonnes, leveling off in the following year.

In value terms, cherry imports totaled $X in 2019. Over the period under review, imports, however, enjoyed a strong increase. The growth pace was the most rapid in 2018 when imports increased by X% y-o-y. Over the period under review, global imports hit record highs in 2019 and are expected to retain growth in the immediate term.

Imports by Country

China, Hong Kong SAR (X tonnes) and China (X tonnes) were the largest importers of cherries in 2019, finishing at approx. X% and X% of total imports, respectively. Russia (X tonnes) ranks next in terms of the total imports with a X% share, followed by Germany (X%). Canada (X tonnes), South Korea (X tonnes), Italy (X tonnes), Belarus (X tonnes), Austria (X tonnes), Taiwan, Chinese (X tonnes), the UK (X tonnes) and Iraq (X tonnes) occupied a relatively small share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by China (+X% per year), while imports for the other global leaders experienced more modest paces of growth.

In value terms, China ($X), China, Hong Kong SAR ($X) and Germany ($X) were the countries with the highest levels of imports in 2019, together comprising X% of global imports.

China (+X% per year) recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average cherry import price stood at $X per tonne in 2019, picking up by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. Global import price peaked in 2019 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per tonne), while Russia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Iraq, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cherries in the world?
+
The country with the largest volume of cherry consumption was Turkey (772K tonnes), comprising approx. 18% of total volume. Moreover, cherry consumption in Turkey exceeded the figures recorded by the second-largest consumer, the U.S. (379K tonnes), twofold. Russia (370K tonnes) ranked third in terms of total consumption with a 8.6% share.
What are the largest producers of cherries in the world?
+
The countries with the highest volumes of cherry production in 2019 were Turkey (852K tonnes), the U.S. (453K tonnes) and Ukraine (315K tonnes), with a combined 37% share of global production. These countries were followed by Chile, Poland, Russia, Uzbekistan, Iran, Serbia, Italy, Spain and Hungary, which together accounted for a further 42%.
What are the leading suppliers of cherries in the world?
+
In value terms, Chile ($1.6B) remains the largest cherry supplier worldwide, comprising 42% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($765M), with a 21% share of global exports. It was followed by the U.S., with a 13% share.
What are the leading importers of cherries in the world?
+
In value terms, the largest cherry importing markets worldwide were China ($1.4B), China, Hong Kong SAR ($990M) and Germany ($183M), with a combined 70% share of global imports.
What is the average export price for cherries in the world?
+
In 2019, the average cherry export price amounted to $4,527 per tonne, rising by 8.9% against the previous year.
What is the average import price for cherries in the world?
+
The average cherry import price stood at $4,682 per tonne in 2019, with an increase of 5.2% against the previous year.

Product coverage:
• FCL 530 - Sour cherries
• FCL 531 - Cherries

This report provides an in-depth analysis of the global cherry market. 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.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in World, split by region and country
• Trade (exports and imports) in World
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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. GLOBAL 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. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
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

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Harvested Area, By Country, 2007–2019
Table 7:
Yield, By Country, 2007–2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
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, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Area Harvested, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Harvested Area, By Country, 2019
Figure 24:
Harvested Area, By Country, 2007–2019
Figure 25:
Yield, By Country, 2007–2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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