Global Cherry Market
Market Overview
The global cherry market rose remarkably to $
in , with an increase of % 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). The market value increased at an average annual rate of +% from 2012 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of % y-o-y. Global consumption peaked in and is likely to continue growth in years to come.
In value terms, cherry production rose remarkably to $ in estimated in export prices. Overall, the total production indicated a prominent expansion from 2012 to : its value increased at an average annual rate of +% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of % against the previous year. Over the period under review, global production hit record highs in and is expected to retain growth in years to come.
The country with the largest volume of cherry production was Turkey ( tonnes), accounting for % of total volume. Moreover, cherry production in Turkey exceeded the figures recorded by the second-largest producer, United States ( tonnes), twofold. The third position in this ranking was occupied by Chile ( tonnes), with a % share.
From 2012 to, the average annual growth rate of volume in Turkey stood at +%. In the other countries, the average annual rates were as follows: United States (-% per year) and Chile (+% per year).
In, the global average cherry yield declined to tonnes per ha, therefore, remained relatively stable against the year before. The yield figure increased at an average annual rate of +% over the period from 2012 to ; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when the yield increased by % against the previous year. As a result, the yield reached the peak level of tonnes per ha. from 2019 to , the growth of the average cherry yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In, the total area harvested in terms of cherries production worldwide amounted to ha, leveling off at the previous year's figure. The harvested area increased at an average annual rate of +% over the period from 2012 to ; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2019 with an increase of % against the previous year. Over the period under review, the harvested area dedicated to cherry production attained the maximum in and is expected to retain growth in the immediate term.
in , with an increase of % 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). The market value increased at an average annual rate of +% from 2012 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of % y-o-y. Global consumption peaked in and is likely to continue growth in years to come.In value terms, cherry production rose remarkably to $
in estimated in export prices. Overall, the total production indicated a prominent expansion from 2012 to : its value increased at an average annual rate of +% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of % against the previous year. Over the period under review, global production hit record highs in and is expected to retain growth in years to come.The country with the largest volume of cherry production was Turkey (
tonnes), accounting for % of total volume. Moreover, cherry production in Turkey exceeded the figures recorded by the second-largest producer, United States ( tonnes), twofold. The third position in this ranking was occupied by Chile ( tonnes), with a % share.From 2012 to
, the average annual growth rate of volume in Turkey stood at +%. In the other countries, the average annual rates were as follows: United States (-% per year) and Chile (+% per year).In
, the global average cherry yield declined to tonnes per ha, therefore, remained relatively stable against the year before. The yield figure increased at an average annual rate of +% over the period from 2012 to ; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when the yield increased by % against the previous year. As a result, the yield reached the peak level of tonnes per ha. from 2019 to , the growth of the average cherry yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.In
, the total area harvested in terms of cherries production worldwide amounted to ha, leveling off at the previous year's figure. The harvested area increased at an average annual rate of +% over the period from 2012 to ; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2019 with an increase of % against the previous year. Over the period under review, the harvested area dedicated to cherry production attained the maximum in and is expected to retain growth in the immediate term.Consumption
In , approx. tonnes of cherries were consumed worldwide; approximately reflecting the previous year's figure. The total consumption volume increased at an average annual rate of +% over the period from 2012 to ; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of % against the previous year. As a result, consumption attained the peak volume of tonnes. from 2019 to , the growth of the global consumption remained at a somewhat lower figure.
The global cherry market revenue expanded remarkably to $ in , increasing 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). The market value increased at an average annual rate of +% over the period from 2012 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of % year-to-year. Over the period under review, the global market attained the peak level in and is expected to retain growth in years to come.
, approx. tonnes of cherries were consumed worldwide; approximately reflecting the previous year's figure. The total consumption volume increased at an average annual rate of +% over the period from 2012 to ; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of % against the previous year. As a result, consumption attained the peak volume of tonnes. from 2019 to , the growth of the global consumption remained at a somewhat lower figure.The global cherry market revenue expanded remarkably to $
in , increasing 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). The market value increased at an average annual rate of +% over the period from 2012 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of % year-to-year. Over the period under review, the global market attained the peak level in and is expected to retain growth in years to come.Consumption By Country
The country with the largest volume of cherry consumption was Turkey ( tonnes), comprising approx. % of total volume. Moreover, cherry consumption in Turkey exceeded the figures recorded by the second-largest consumer, China ( tonnes), threefold. The third position in this ranking was occupied by United States ( tonnes), with a % share.
From 2012 to, the average annual growth rate of volume in Turkey amounted to +%. In the other countries, the average annual rates were as follows: China (+% per year) and United States (-% per year).
In value terms, Turkey ($), China ($) and United States ($) appeared to be the countries with the highest levels of market value in , together comprising % of the global market. These countries were followed by Italy, Uzbekistan, Germany, Iran, Russia, Spain, Greece, Bulgaria, Ukraine and Poland, which together accounted for a further %.
Bulgaria saw the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while cherry market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of cherry per capita consumption in were Bulgaria ( kg per person), Turkey ( kg per person) and Greece ( kg per person).
From 2012 to, the most notable rate of growth in terms of cherry per capita consumption, amongst the key consuming countries, was attained by Uzbekistan, while cherry per capita consumption for the other global leaders experienced more modest paces of growth.
tonnes), comprising approx. % of total volume. Moreover, cherry consumption in Turkey exceeded the figures recorded by the second-largest consumer, China ( tonnes), threefold. The third position in this ranking was occupied by United States ( tonnes), with a % share.From 2012 to
, the average annual growth rate of volume in Turkey amounted to +%. In the other countries, the average annual rates were as follows: China (+% per year) and United States (-% per year).In value terms, Turkey ($
), China ($) and United States ($) appeared to be the countries with the highest levels of market value in , together comprising % of the global market. These countries were followed by Italy, Uzbekistan, Germany, Iran, Russia, Spain, Greece, Bulgaria, Ukraine and Poland, which together accounted for a further %.Bulgaria saw the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while cherry market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of cherry per capita consumption in
were Bulgaria ( kg per person), Turkey ( kg per person) and Greece ( kg per person).From 2012 to
, the most notable rate of growth in terms of cherry per capita consumption, amongst the key consuming countries, was attained by Uzbekistan, while cherry per capita consumption for the other global leaders experienced more modest paces of growth.Market Forecast
Driven by increasing demand for cherry worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tonnes by the end of .
% for the period from to , which is projected to bring the market volume to tonnes by the end of .
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