Luxembourg: Market for Cherries and Sour Cherries 2024

Market Size for Cherries and Sour Cherries in Luxembourg

The Luxembourg cherry and sour cherry market dropped modestly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption showed mild growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Cherries and Sour Cherries in Luxembourg

In value terms, cherry and sour cherry production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Cherry and sour cherry production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The average yield of cherries and sour cherries in Luxembourg skyrocketed to X tons per ha in 2022, rising by X% against 2021. In general, the yield continues to indicate significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The cherry and sour cherry yield peaked in 2022 and is expected to retain growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of cherries and sour cherries were harvested in Luxembourg; falling by X% compared with 2021 figures. Overall, the harvested area recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when the harvested area increased by X%. The cherry and sour cherry harvested area peaked at X ha in 2014; however, from 2015 to 2022, the harvested area remained at a lower figure.

Exports of Cherries and Sour Cherries

Exports from Luxembourg

In 2022, cherry and sour cherry exports from Luxembourg expanded slightly to X tons, surging by X% against 2021 figures. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, cherry and sour cherry exports dropped notably to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons), Germany (X tons) and Belgium (X tons) were the main destinations of cherry and sour cherry exports from Luxembourg, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, France ($X), Germany ($X) and Belgium ($X) appeared to be the largest markets for cherry and sour cherry exported from Luxembourg worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Germany, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average cherry and sour cherry export price amounted to $X per ton, declining by X% against the previous year. Over the period under review, export price indicated mild growth from 2012 to 2022: 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 2022 figures, cherry and sour cherry export price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cherries and Sour Cherries

Imports into Luxembourg

In 2022, supplies from abroad of cherries and sour cherries was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, cherry and sour cherry imports contracted to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Belgium (X tons), France (X tons) and Germany (X tons) were the main suppliers of cherry and sour cherry imports to Luxembourg, together accounting for X% of total imports. Italy, Portugal and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Belgium ($X) and Portugal ($X) were the largest cherry and sour cherry suppliers to Luxembourg, together accounting for X% of total imports.

Among the main suppliers, Portugal, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cherry and sour cherry import price amounted to $X per ton, dropping by X% against the previous year. In general, the import price recorded a slight curtailment. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then dropped remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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