MENA: Sour Cherry Market 2024

Sour Cherry Market Size in MENA

In 2022, the MENA's sour cherry market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, recorded a mild downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Sour Cherry Production in MENA

In value terms, sour cherry production rose modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were Turkey (X tons), Iran (X tons) and Lebanon (X tons), with a combined X% share of total production.

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

The average sour cherry yield reduced modestly to X tons per ha in 2022, remaining stable against the year before. In general, the yield recorded a mild curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the sour cherry yield hit record highs at X tons per ha in 2012; however, from 2013 to 2022, 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 fell to X ha in 2022, stabilizing at the year before. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of harvested area peaked at X ha in 2018; however, from 2019 to 2022, the harvested area failed to regain momentum.

Sour Cherry Exports

Exports in MENA

In 2022, approx. X tons of sour cherries were exported in MENA; surging by X% compared with the previous year. In general, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sour cherry exports rose slightly to $X in 2022. Overall, exports enjoyed strong growth. The growth pace was the most rapid in 2020 with an increase of X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Iran represented the main exporting country with an export of around X tons, which resulted at X% of total exports. Syrian Arab Republic (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Lebanon (X%) and Turkey (X%).

Iran was also the fastest-growing in terms of the sour cherries exports, with a CAGR of X% from 2012 to 2022. At the same time, Lebanon (X%) and Syrian Arab Republic (X%) displayed positive paces of growth. By contrast, Turkey (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Iran and Lebanon increased by X and X percentage points, respectively.

In value terms, Iran ($X) remains the largest sour cherry supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Syrian Arab Republic ($X), with a X% share of total exports. It was followed by Lebanon, with a X% share.

In Iran, sour cherry exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Syrian Arab Republic (X% per year) and Lebanon (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, shrinking by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Iran ($X per ton) and Syrian Arab Republic ($X per ton), while Turkey ($X per ton) and Lebanon ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (X%), while the other leaders experienced a decline in the export price figures.

Sour Cherry Imports

Imports in MENA

In 2022, approx. X tons of sour cherries were imported in MENA; growing by X% against 2021 figures. Overall, imports saw strong growth. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, sour cherry imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia (X tons) and Egypt (X tons) represented the main importers of sour cherries in 2022, resulting at approx. X% and X% of total imports, respectively. Palestine (X tons) held the next position in the ranking, distantly followed by the United Arab Emirates (X tons), Bahrain (X tons) and Oman (X tons). All these countries together took approx. X% share of total imports. Qatar (X tons) followed a long way behind the leaders.

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

In value terms, the largest sour cherry importing markets in MENA were Qatar ($X), Saudi Arabia ($X) and Egypt ($X), with a combined X% share of total imports.

Among the main importing countries, Egypt, with a CAGR of X%, saw 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

The import price in MENA stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Qatar ($X per ton), while Palestine ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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