Report World - Cherries and Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights for 499$
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World - Cherries and Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights
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Overview of the Global Market for Cherries and Sour Cherries

Market Size for Cherries and Sour Cherries

In 2021, the global cherry and sour cherry market increased by X% to $X, rising for the sixth consecutive year after two years of decline. The market value increased at an average annual rate of +X% from 2007 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market hit record highs in 2021 and is likely to see gradual growth in the immediate term.

Production of Cherries and Sour Cherries

In value terms, cherry and sour cherry production dropped slightly to $X in 2021 estimated in export prices. Over the period under review, the total production indicated a tangible expansion from 2007 to 2021: its value increased at an average annual rate of +X% over the last fourteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% y-o-y. Global production peaked at $X in 2020, and then reduced modestly in the following year.

Turkey (X tonnes) remains the largest cherry and sour cherry producing country worldwide, comprising approx. X% of total volume. Moreover, cherry and sour cherry production in Turkey exceeded the figures recorded by the second-largest producer, the United States (X tonnes), twofold. Russia (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2021, the average annual growth rate of volume in Turkey amounted to +X%. The remaining producing countries recorded the following average annual rates of production growth: the United States (+X% per year) and Russia (-X% per year).

The global average cherry and sour cherry yield dropped modestly to X tonnes per ha in 2021, which is down by -X% against the year before. In general, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the yield increased by X% y-o-y. The global yield peaked at X tonnes per ha in 2018; however, from 2019 to 2021, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the global cherry and sour cherry harvested area expanded to X ha, growing by X% on the previous year's figure. In general, the harvested area showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the harvested area increased by X% against the previous year. The global harvested area peaked in 2021 and is likely to see gradual growth in years to come.

Production By Country

Turkey (X tonnes) remains the largest cherry and sour cherry producing country worldwide, comprising approx. X% of total volume. Moreover, cherry and sour cherry production in Turkey exceeded the figures recorded by the second-largest producer, the United States (X tonnes), twofold. The third position in this ranking was occupied by Russia (X tonnes), with a X% share.

In Turkey, cherry and sour cherry production expanded at an average annual rate of +X% over the period from 2007-2021. In the other countries, the average annual rates were as follows: the United States (+X% per year) and Russia (-X% per year).

Exports of Cherries and Sour Cherries

Exports

For the fourth year in a row, the global market recorded growth in overseas shipments of cherries and sour cherries, which increased by X% to X tonnes in 2021. Over the period under review, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. The global exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, cherry and sour cherry exports expanded markedly to $X in 2021. In general, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The global exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

In 2021, Chile (X tonnes) and Hong Kong SAR (X tonnes) were the largest exporters of cherries and sour cherriesaround the world, together constituting X% of total exports. It was distantly followed by the United States (X tonnes) and Spain (X tonnes), together comprising a X% share of total exports. Turkey (X tonnes), Greece (X tonnes), Austria (X tonnes), Azerbaijan (X tonnes), Australia (X tonnes) and Moldova (X tonnes) followed a long way behind the leaders.

From 2007 to 2021, the biggest increases were in Hong Kong SAR (+X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest cherry and sour cherry supplying countries worldwide were Chile ($X), Hong Kong SAR ($X) and the United States ($X), with a combined X% share of global exports.

Hong Kong SAR, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average cherry and sour cherry export price amounted to $X per tonne, which is down by -X% against the previous year. Over the last fourteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% y-o-y. The global export price peaked at $X per tonne in 2020, and then declined in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per tonne), while Moldova ($X per tonne) was amongst the lowest.

From 2007 to 2021, the most notable rate of growth in terms of prices was attained by Moldova (+X%), while the other global leaders experienced more modest paces of growth.

Imports of Cherries and Sour Cherries

Imports

In 2021, approx. X tonnes of cherries and sour cherries were imported worldwide; surging by X% against 2020. Over the period under review, imports showed resilient growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. Over the period under review, global imports attained the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, cherry and sour cherry imports stood at $X in 2021. In general, imports posted a strong increase. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. Global imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

China (X tonnes) and Hong Kong SAR (X tonnes) represented roughly X% of total imports of cherries and sour cherries in 2021. Russia (X tonnes) ranks next in terms of the total imports with an X% share, followed by Germany (X%). Canada (X tonnes), Austria (X tonnes), South Korea (X tonnes), Kazakhstan (X tonnes), the United States (X tonnes), France (X tonnes), the UK (X tonnes), the Netherlands (X tonnes) and Italy (X tonnes) occupied a little share of total imports.

From 2007 to 2021, the biggest increases were in China (+X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported cherries and sour cherries worldwide, comprising X% of global imports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

In China, cherry and sour cherry imports expanded at an average annual rate of +X% over the period from 2007-2021. In the other countries, the average annual rates were as follows: Hong Kong SAR (+X% per year) and Germany (+X% per year).

Import Prices by Country

In 2021, the average cherry and sour cherry import price amounted to $X per tonne, remaining stable against the previous year. Over the last fourteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2020, and then dropped modestly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was South Korea ($X per tonne), while Russia ($X per tonne) was amongst the lowest.

From 2007 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for cherries and sour cherries in the world?
+
Turkey constituted the country with the largest volume of cherry and sour cherry consumption, accounting for 21% of total volume. Moreover, cherry and sour cherry consumption in Turkey exceeded the figures recorded by the second-largest consumer, Russia, twofold. The third position in this ranking was occupied by the United States, with an 8.1% share.
What are the largest producers of cherries and sour cherries in the world?
+
The country with the largest volume of cherry and sour cherry production was Turkey, comprising approx. 22% of total volume. Moreover, cherry and sour cherry production in Turkey exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by Russia, with a 7.4% share.
What are the leading suppliers of cherries and sour cherries in the world?
+
In value terms, Chile, Hong Kong SAR and the United States appeared to be the countries with the highest levels of exports in 2021, with a combined 79% share of global exports.
What are the leading importers of cherries and sour cherries in the world?
+
In value terms, China constitutes the largest market for imported cherries and sour cherries worldwide, comprising 41% of global imports. The second position in the ranking was occupied by Hong Kong SAR, with a 20% share of global imports. It was followed by Germany, with a 5% share.
What is the average export price for cherries and sour cherries in the world?
+
The average cherry and sour cherry export price stood at $4,503 per tonne in 2021, which is down by -5.7% against the previous year.
What is the average import price for cherries and sour cherries in the world?
+
The average cherry and sour cherry import price stood at $4,903 per tonne in 2021, almost unchanged from the previous year.

This report provides an in-depth analysis of the global market for cherry and sour cherry. 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 2030.


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

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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

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 2012–2021
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 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Harvested Area, By Country, 2012–2021
Table 7:
Yield, By Country, 2012–2021
Table 8:
Imports, In Physical Terms, By Country, 2012–2021
Table 9:
Imports, In Value Terms, By Country, 2012–2021
Table 10:
Import Prices, By Country Of Destination, 2012–2021
Table 11:
Exports, In Physical Terms, By Country, 2012–2021
Table 12:
Exports, In Value Terms, By Country, 2012–2021
Table 13:
Export Prices, By Country Of Origin, 2012–2021
Table 14:
Producer Prices, By Major Producing Country, 2021
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
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, 2012–2021
Figure 18:
Production, In Value Terms, 2012–2021
Figure 19:
Area Harvested, 2012–2021
Figure 20:
Yield, 2012–2021
Figure 21:
Production, By Country, 2021
Figure 22:
Production, In Physical Terms, By Country, 2012–2021
Figure 23:
Harvested Area, By Country, 2021
Figure 24:
Harvested Area, By Country, 2012–2021
Figure 25:
Yield, By Country, 2012–2021
Figure 26:
Imports, In Physical Terms, 2012–2021
Figure 27:
Imports, In Value Terms, 2012–2021
Figure 28:
Imports, In Physical Terms, By Country, 2021
Figure 29:
Imports, In Physical Terms, By Country, 2012–2021
Figure 30:
Imports, In Value Terms, By Country, 2012–2021
Figure 31:
Import Prices, By Country, 2012–2021
Figure 32:
Exports, In Physical Terms, 2012–2021
Figure 33:
Exports, In Value Terms, 2012–2021
Figure 34:
Exports, In Physical Terms, By Country, 2021
Figure 35:
Exports, In Physical Terms, By Country, 2012–2021
Figure 36:
Exports, In Value Terms, By Country, 2012–2021
Figure 37:
Export Prices, 2012–2021
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