Scandinavia: Market for Cherries and Sour Cherries 2024

Market Size for Cherries and Sour Cherries in Scandinavia

The Scandinavia cherry and sour cherry market fell to $X in 2022, reducing by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Cherries and Sour Cherries in Scandinavia

In value terms, cherry and sour cherry production totaled $X in 2022 estimated in export price. Overall, production, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Norway (X tons) constituted the country with the largest volume of cherry and sour cherry production, accounting for X% of total volume. Moreover, cherry and sour cherry production in Norway exceeded the figures recorded by the second-largest producer, Sweden (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Norway amounted to X%.

The average cherry and sour cherry yield amounted to X tons per ha in 2022, remaining constant against the previous year's figure. Over the period under review, the yield, however, recorded a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the cherry and sour cherry yield hit record highs at X tons per ha in 2012; however, from 2013 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, approx. X ha of cherries and sour cherries were harvested in Scandinavia; picking up by X% compared with the year before. Overall, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2016; however, from 2017 to 2022, the harvested area remained at a lower figure.

Exports of Cherries and Sour Cherries

Exports in Scandinavia

In 2022, shipments abroad of cherries and sour cherries decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, exports saw a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of X%. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, cherry and sour cherry exports dropped to $X in 2022. In general, exports showed a dramatic decline. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden dominates exports structure, reaching X tons, which was near X% of total exports in 2022. Finland (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to cherry and sour cherry exports from Sweden stood at X%. At the same time, Finland (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2022. While the share of Finland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Sweden (X p.p.) displayed negative dynamics.

In value terms, Sweden ($X) remains the largest cherry and sour cherry supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Finland ($X), with a X% share of total exports.

In Sweden, cherry and sour cherry exports declined by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, declining by X% against the previous year. Overall, the export price recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 Finland ($X per ton), while Sweden totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%).

Imports of Cherries and Sour Cherries

Imports in Scandinavia

In 2022, approx. X tons of cherries and sour cherries were imported in Scandinavia; waning by X% against the previous year. Total imports indicated a resilient expansion from 2012 to 2022: its volume 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, imports decreased by X% against 2019 indices. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, cherry and sour cherry imports declined to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Sweden represented the main importing country with an import of around X tons, which recorded X% of total imports. It was distantly followed by Norway (X tons) and Finland (X tons), together constituting a X% share of total imports.

Sweden was also the fastest-growing in terms of the cherries and sour cherries imports, with a CAGR of X% from 2012 to 2022. At the same time, Finland (X%) displayed positive paces of growth. Norway experienced a relatively flat trend pattern. From 2012 to 2022, the share of Sweden increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cherry and sour cherry importing markets in Scandinavia were Norway ($X), Sweden ($X) and Finland ($X).

Among the main importing countries, Sweden, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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