Cherry Market Overview in Kyrgyzstan
In value terms, cherry production rose notably to $ in 2019 estimated in export prices. In general, production recorded a noticeable contraction. The most prominent rate of growth was recorded in 2008 when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2010; however, from 2011 to 2019, production remained at a lower figure.
In 2019, the average yield of cherries in Kyrgyzstan expanded slightly to tonnes per ha, picking up by % against 2018 figures. Overall, the yield showed perceptible growth. The most prominent rate of growth was recorded in 2012 with an increase of % year-to-year. Over the period under review, the average cherry yield hit record highs at tonnes per ha in 2013; however, from 2014 to 2019, 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.
In 2019, the cherry harvested area in Kyrgyzstan shrank slightly to ha, with a decrease of -% against the year before. Overall, the harvested area saw a abrupt decrease. The growth pace was the most rapid in 2008 when the harvested area increased by % y-o-y. As a result, the harvested area attained the peak level of ha. From 2009 to 2019, the growth of the cherry harvested area remained at a lower figure.
The revenue of the cherry market in Kyrgyzstan declined to $ in 2019, dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded a strong expansion. The growth pace was the most rapid in 2016 with an increase of % against the previous year. Cherry consumption peaked at $ in 2018, and then declined in the following year.