Europe: Sour Cherry Market 2024

Sour Cherry Market Size in Europe

The Europe sour cherry market expanded slightly to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Sour Cherry Production in Europe

In value terms, sour cherry production stood at $X in 2022 estimated in export price. In general, production, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were Russia (X tons), Ukraine (X tons) and Poland (X tons), together comprising X% of total production. Serbia, Hungary, Belarus and Romania lagged somewhat behind, together accounting for a further X%.

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

In 2022, the average sour cherry yield in Europe stood at X tons per ha, surging by X% against the previous year. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the sour cherry yield hit record highs at X tons per ha in 2018; however, from 2019 to 2022, 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 2022, the total area harvested in terms of sour cherries production in Europe reduced modestly to X ha, stabilizing at 2021 figures. Over the period under review, the harvested area, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to sour cherry production reached the maximum at X ha in 2019; however, from 2020 to 2022, the harvested area stood at a somewhat lower figure.

Sour Cherry Exports

Exports in Europe

Sour cherry exports contracted to X tons in 2022, dropping by X% compared with the previous year. Overall, exports showed a pronounced decrease. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, sour cherry exports reduced to $X in 2022. In general, exports recorded a abrupt decline. The growth pace was the most rapid in 2017 when exports increased by X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Hungary (X tons) and Serbia (X tons) were the largest exporters of sour cherries in 2022, accounting for near X% and X% of total exports, respectively. Poland (X tons) took the next position in the ranking, followed by the Czech Republic (X tons) and Moldova (X tons). All these countries together held approx. X% share of total exports. Croatia (X tons), Italy (X tons), Spain (X tons), Bulgaria (X tons) and Slovenia (X tons) took a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Slovenia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Serbia ($X) and Spain ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Italy, Poland, Moldova, the Czech Republic, Slovenia, Croatia and Bulgaria lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Slovenia, 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 more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price recorded a noticeable descent. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while Croatia ($X per ton) was amongst the lowest.

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

Sour Cherry Imports

Imports in Europe

Sour cherry imports declined notably to X tons in 2022, with a decrease of X% compared with 2021. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sour cherry imports dropped markedly to $X in 2022. Over the period under review, imports saw a perceptible descent. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Germany was the key importing country with an import of around X tons, which recorded X% of total imports. It was distantly followed by Russia (X tons), Bosnia and Herzegovina (X tons), Romania (X tons), Austria (X tons) and the Netherlands (X tons), together constituting a X% share of total imports. Bulgaria (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to sour cherry imports into Germany stood at X%. At the same time, Bosnia and Herzegovina (X%), Bulgaria (X%), Romania (X%), the Netherlands (X%) and Austria (X%) displayed positive paces of growth. Moreover, Bosnia and Herzegovina emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) illustrated a downward trend over the same period. While the share of Bosnia and Herzegovina (X p.p.), Romania (X p.p.), the Netherlands (X p.p.), Bulgaria (X p.p.) and Austria (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) and Germany (X p.p.) displayed negative dynamics.

In value terms, Germany ($X), Russia ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Bosnia and Herzegovina, Romania, Austria and Bulgaria lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Bosnia and Herzegovina, with a CAGR of X%, saw the highest rates of growth with regard to 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 Europe stood at $X per ton in 2022, approximately equating the previous year. Overall, the import price continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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