May 13, 2019

World - Cherries - Market Analysis, Forecast, Size, Trends and Insights

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Global Cherry Market Overview 2019

Cherry Market Size

The global cherry market revenue amounted to $X in 2018, dropping by -X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. Over the period under review, the global cherry market reached its maximum level at $X in 2017, and then declined slightly in the following year.

Cherry Production

In value terms, cherry production amounted to $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014, when it surged by X% year-to-year. Over the period under review, global cherry production attained its peak figure level at $X in 2017, and then declined slightly in the following year.

The countries with the highest volumes of cherry production in 2018 were Turkey (X tonnes), the U.S. (X tonnes) and Ukraine (X tonnes), with a combined X% share of global production. Iran, Russia, Uzbekistan, Italy, Spain, Serbia, Poland and China lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of cherry production, amongst the main producing countries, was attained by Uzbekistan, while the other global leaders experienced more modest paces of growth.

Global average cherry yield totaled X tonne per ha in 2018, surging by X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2009, with an increase of X% against the previous year. Global cherry yield peaked in 2018, and is expected to retain its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of cherries were harvested worldwide; approximately mirroring the previous year. In general, cherry harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, with an increase of X% against the previous year. Global cherry harvested area peaked at X ha in 2011; however, from 2012 to 2018, harvested area stood at a somewhat lower figure.

Cherry Exports

Exports 2007-2018

In 2018, the amount of cherries exported worldwide totaled X tonnes, jumping by X% against the previous year. Overall, cherry exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2018, with an increase of X% year-to-year. In that year, global cherry exports reached their peak , and are likely to continue its growth in the immediate term.

In value terms, cherry exports totaled $X in 2018. Over the period under review, cherry exports continue to indicate a prominent increase. Global exports peaked in 2018, and are likely to see steady growth in the immediate term.

Exports by Country

Chile (X tonnes) and Turkey (X tonnes) were the main exporters of cherries in 2018, reaching near X% and X% of total exports, respectively. It was distantly followed by the U.S. (X tonnes), China, Hong Kong SAR (X tonnes), Canada (X tonnes) and Australia (X tonnes), together mixing up X% share of total exports. Uzbekistan (X tonnes), New Zealand (X tonnes), Spain (X tonnes), Serbia (X tonnes), Greece (X tonnes) and Azerbaijan (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by China, Hong Kong SAR (+X% per year), while the other global leaders experienced more modest paces of growth.

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

In Chile, cherry exports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the U.S. (+X% per year) and China, Hong Kong SAR (+X% per year).

Export Prices by Country

In 2018, the average cherry export price amounted to $X per kg, going down by -X% against the previous year. Over the last decade, the cherry export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when the average export price increased by X% year-to-year. Global export price peaked at $X per tonne in 2011; however, from 2012 to 2018, export prices remained at a lower figure.

Export prices varied noticeably by the country of origin; the country with the highest export price was the U.S. ($X per tonne), while Serbia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by China, Hong Kong SAR, while the other global leaders experienced more modest paces of growth.

Cherry Imports

Imports 2007-2018

In 2018, the amount of cherries imported worldwide totaled X tonnes, going up by X% against the previous year. Over the last decade, cherry imports continue to indicate a remarkable growth. The pace of growth appeared the most rapid in 2011, with an increase of X% y-o-y. Global imports peaked in 2018, and are expected to retain its growth in the immediate term.

In value terms, cherry imports stood at $X in 2018. Overall, cherry imports continue to indicate a remarkable increase. Global imports peaked in 2018, and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, China, Hong Kong SAR (X tonnes) was the major importer for cherries, comprising X% of total imports. Russia (X tonnes) ranks second in terms of the total imports with a X% share, followed by China (X%), Germany (X%) and Kazakhstan (X%). Canada (X tonnes), South Korea (X tonnes), the U.S. (X tonnes), Belarus (X tonnes), Taiwan, Chinese (X tonnes), Italy (X tonnes) and the UK (X tonnes) occupied a minor share of total imports.

Imports into China, Hong Kong SAR increased at an average annual rate of +X% from 2007 to 2018. At the same time, Kazakhstan (+X%), China (+X%), Belarus (+X%), South Korea (+X%), Italy (+X%), Taiwan, Chinese (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2018. The U.S. experienced a relatively flat trend pattern. By contrast, Russia (-X%), Canada (-X%) and the UK (-X%) illustrated a downward trend over the same period. Belarus (-X%), South Korea (-X%), Kazakhstan (-X%), China (-X%) and China, Hong Kong SAR (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China, Hong Kong SAR ($X), China ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of global imports. South Korea, Russia, Canada, Kazakhstan, Taiwan, Chinese, the U.S., the UK, Italy and Belarus lagged somewhat behind, together accounting for a further X the main importing countries, Kazakhstan (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average cherry import price amounted to $X per kg, declining by -X% against the previous year. Overall, the import price indicated a remarkable increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the cherry import price increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2014, an increase of X% against the previous year. Global import price peaked at $X per tonne in 2017, and then declined slightly in the following year.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was China ($X per tonne), while Belarus ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by China, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

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

This report provides an in-depth analysis of the global cherry market. Download a free sample to know more about cherry market share; cherry prices; cherry industry; cherry sales; cherry import; cherry export; cherry market forecast; cherry price forecast; cherry producers, cherry market report.


Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
• 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
+ the largest producing countries

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 2025
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 2007–2018
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 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption, By Country, 2015–2018
Table 5:
Production, In Physical Terms, By Country, 2007–2018
Table 6:
Harvested Area, By Country, 2007–2018
Table 7:
Yield, By Country, 2007–2018
Table 8:
Imports, In Physical Terms, By Country, 2007–2018
Table 9:
Imports, In Value Terms, By Country, 2007–2018
Table 10:
Import Prices, By Country Of Destination, 2007–2018
Table 11:
Exports, In Physical Terms, By Country, 2007–2018
Table 12:
Exports, In Value Terms, By Country, 2007–2018
Table 13:
Export Prices, By Country Of Origin, 2007–2018
Table 14:
Producer Prices, By Major Producing Country, 2018
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Consumption, By Country, 2018
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, 2007–2018
Figure 18:
Production, In Value Terms, 2007–2018
Figure 19:
Area Harvested, 2007–2018
Figure 20:
Yield, 2007–2018
Figure 21:
Production, By Country, 2018
Figure 22:
Production, In Physical Terms, By Country, 2007–2018
Figure 23:
Harvested Area, By Country, 2018
Figure 24:
Harvested Area, By Country, 2007–2018
Figure 25:
Yield, By Country, 2007–2018
Figure 26:
Imports, In Physical Terms, 2007–2018
Figure 27:
Imports, In Value Terms, 2007–2018
Figure 28:
Imports, In Physical Terms, By Country, 2018
Figure 29:
Imports, In Physical Terms, By Country, 2007–2018
Figure 30:
Imports, In Value Terms, By Country, 2007–2018
Figure 31:
Import Prices, By Country, 2007–2018
Figure 32:
Exports, In Physical Terms, 2007–2018
Figure 33:
Exports, In Value Terms, 2007–2018
Figure 34:
Exports, In Physical Terms, By Country, 2018
Figure 35:
Exports, In Physical Terms, By Country, 2007–2018
Figure 36:
Exports, In Value Terms, By Country, 2007–2018
Figure 37:
Export Prices, 2007–2018
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