Global Sour Cherry Market 2022

Sour Cherry Market Size

The global sour cherry market was finally on the rise to reach $X in 2021, after two years of decline. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Sour Cherry Production

In value terms, sour cherry production expanded significantly to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. Over the period under review, global production hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

The countries with the highest volumes of in 2021 were Russia (X tons), Turkey (X tons) and Ukraine (X tons), with a combined X% share of global production. Poland, Iran, Serbia, the United States, Uzbekistan, Hungary, Azerbaijan, Belarus and Romania lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Romania (with a CAGR of +X%), while production for the other global leaders experienced more modest paces of growth.

The global average sour cherry yield rose to X tons per ha in 2021, increasing by X% compared with the previous year. The yield figure increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the average sour cherry yield attained the maximum level at X tons per ha in 2018; however, from 2019 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of sour cherries were harvested worldwide; waning by -X% on 2020 figures. Overall, the harvested area showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. The global harvested area peaked at X ha in 2012; however, from 2013 to 2021, the harvested area stood at a somewhat lower figure.

Sour Cherry Exports

Exports

In 2021, the amount of sour cherries exported worldwide dropped to X tons, reducing by -X% compared with 2020. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The global exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, sour cherry exports reduced rapidly to $X in 2021. Over the period under review, exports recorded a pronounced descent. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the global exports remained at a somewhat lower figure.

Exports by Country

The biggest shipments were from Hungary (X tons), Serbia (X tons) and Poland (X tons), together accounting for X% of total export. It was distantly followed by the United States (X tons), Spain (X tons) and the Czech Republic (X tons), together generating a X% share of total exports. Lebanon (X tons), Moldova (X tons), Croatia (X tons), Turkey (X tons), Germany (X tons), Bulgaria (X tons) and Slovenia (X tons) held a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Slovenia (with a CAGR of +X%), while the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the largest sour cherry supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Spain ($X), with a X% share of global exports. It was followed by Hungary, with an X% share.

From 2012 to 2021, the average annual growth rate of value in the United States amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Spain (-X% per year) and Hungary (-X% per year).

Export Prices by Country

In 2021, the average sour cherry export price amounted to $X per ton, dropping by -X% against the previous year. In general, the export price saw a perceptible downturn. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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 ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Croatia (+X%), while the other global leaders experienced more modest paces of growth.

Sour Cherry Imports

Imports

In 2021, approx. X tons of sour cherries were imported worldwide; declining by -X% on 2020. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, global imports attained the maximum at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, sour cherry imports reduced to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Global imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

Germany was the key importer of sour cherries in the world, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2021. Saudi Arabia (X tons) held the second position in the ranking, followed by Russia (X tons) and Austria (X tons). All these countries together took near X% share of total imports. The following importers - Bosnia and Herzegovina (X tons), Romania (X tons), the Netherlands (X tons), Palestine (X tons), China (X tons), Italy (X tons) and South Korea (X tons) - together made up X% of total imports.

Germany experienced a relatively flat trend pattern with regard to volume of imports of sour cherries. At the same time, Palestine (+X%), Bosnia and Herzegovina (+X%), Saudi Arabia (+X%), China (+X%), Romania (+X%), the Netherlands (+X%), Austria (+X%), Italy (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, Palestine emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2012-2021. By contrast, Russia (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Saudi Arabia, Bosnia and Herzegovina, Palestine, Romania, Austria, the Netherlands and China increased by +X, +X, +X, +X, +X, +X and +X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest sour cherry importing markets worldwide were Germany ($X), China ($X) and Saudi Arabia ($X), with a combined X% share of global imports. These countries were followed by South Korea, Russia, the Netherlands, Austria, Italy, Romania, Bosnia and Herzegovina and Palestine, which together accounted for a further X and Herzegovina, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, in terms of 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

In 2021, the average sour cherry import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+X%), while the other global leaders experienced more modest paces of growth.

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