China: Market for Cherries and Sour Cherries 2024

Market Size for Cherries and Sour Cherries in China

For the fifth year in a row, the Chinese cherry and sour cherry market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption recorded a resilient increase. Cherry and sour cherry consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Cherries and Sour Cherries in China

In value terms, cherry and sour cherry production stood at $X in 2022 estimated in export price. Overall, production saw a buoyant expansion. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of cherries and sour cherries in China stood at X tons per ha, stabilizing at the year before. In general, the yield saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the yield increased by X%. Over the period under review, the average cherry and sour cherry yield attained the peak level at X tons per ha in 2015; afterwards, it flattened through to 2022. 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 China; remaining relatively unchanged against the previous year's figure. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the harvested area increased by X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2016 to 2022, the growth of the cherry and sour cherry harvested area remained at a somewhat lower figure.

Exports of Cherries and Sour Cherries

Exports from China

In 2022, exports of cherries and sour cherries from China declined rapidly to X tons, with a decrease of X% on the previous year's figure. Overall, exports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cherry and sour cherry exports fell rapidly to $X in 2022. Over the period under review, exports faced a precipitous decrease. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand (X tons), the Philippines (X tons) and Singapore (X tons) were the main destinations of cherry and sour cherry exports from China, with a combined X% share of total exports.

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

In value terms, Thailand ($X), the Philippines ($X) and Singapore ($X) appeared to be the largest markets for cherry and sour cherry exported from China worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Singapore, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average cherry and sour cherry export price amounted to $X per ton, declining by X% against the previous year. In general, the export price showed a noticeable curtailment. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Thailand ($X per ton) and Singapore ($X per ton), while the average price for exports to the Philippines ($X per ton) and Macao SAR ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cherries and Sour Cherries

Imports into China

For the fifth consecutive year, China recorded growth in supplies from abroad of cherries and sour cherries, which increased by X% to X tons in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, cherry and sour cherry imports surged to $X in 2022. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Chile (X tons) was the main supplier of cherry and sour cherry to China, with a X% share of total imports. It was followed by the United States (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Chile totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Canada (X% per year).

In value terms, Chile ($X) constituted the largest supplier of cherries and sour cherries to China, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Chile amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Canada (X% per year).

Import Prices by Country

The average cherry and sour cherry import price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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