Spain - Cherries and Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Cherry and Sour Cherry in Spain - 2023
Contents:
- Price for Cherry and Sour Cherry in Spain (FOB) - 2023
- Price for Cherry and Sour Cherry in Spain (CIF) - 2022
- Exports of Cherry and Sour Cherry in Spain
- Imports of Cherry and Sour Cherry in Spain
Price for Cherry and Sour Cherry in Spain (FOB) - 2023
The average cherry and sour cherry export price stood at $2,475 per ton in July 2023, with a decrease of -46.4% against the previous month. In general, the export price saw a mild setback. The pace of growth was the most pronounced in January 2023 when the average export price increased by 126% m-o-m. As a result, the export price attained the peak level of $9,242 per ton. From February 2023 to July 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($3,471 per ton), while the average price for exports to the Czech Republic ($717 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cherry and Sour Cherry in Spain (CIF) - 2022
The average cherry and sour cherry import price stood at $4,530 per ton in 2022, falling by -25.5% against the previous year. Over the period under review, the import price saw a slight decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 30% against the previous year. As a result, import price reached the peak level of $6,468 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($9,973 per ton), while the price for Estonia ($1,587 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cherry and Sour Cherry in Spain
In 2022, approx. 27K tons of cherries and sour cherries were exported from Spain; with a decrease of -38.3% against the previous year. Overall, exports recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 113% against the previous year. As a result, the exports reached the peak of 43K tons, and then contracted rapidly in the following year.
In value terms, cherry and sour cherry exports contracted dramatically to $101M in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 121% against the previous year. As a result, the exports attained the peak of $161M, and then contracted significantly in the following year.
Export of Cherry and Sour Cherry in Spain (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 23.8 | 17.7 | 43.2 | 32.9 | 11.4% |
Germany | 13.4 | 10.9 | 30.1 | 19.2 | 12.7% |
Italy | 20.2 | 11.0 | 16.5 | 9.3 | -22.8% |
France | 13.2 | 9.4 | 27.8 | 9.3 | -11.0% |
Netherlands | 8.6 | 5.4 | 13.0 | 8.2 | -1.6% |
Belgium | 5.7 | 3.1 | 7.3 | 5.2 | -3.0% |
Portugal | 4.9 | 7.4 | 6.5 | 4.4 | -3.5% |
Others | 13.0 | 8.1 | 16.7 | 12.4 | -1.6% |
Total | 103 | 73.0 | 161 | 101 | -0.7% |
Top Export Markets for Cherry and Sour Cherry from Spain in 2022:
- United Kingdom (8.1K tons)
- Germany (5.0K tons)
- France (3.2K tons)
- Italy (2.5K tons)
- Netherlands (2.4K tons)
- Belgium (1.3K tons)
- Portugal (1.1K tons)
Imports of Cherry and Sour Cherry in Spain
In 2022, the amount of cherries and sour cherries imported into Spain surged to 4.8K tons, growing by 96% on 2021. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cherry and sour cherry imports surged to $22M in 2022. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 82% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
Import of Cherry and Sour Cherry in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 3.1 | 4.3 | 6.6 | 7.4 | 33.6% |
Argentina | 2.7 | 3.7 | 3.7 | 3.4 | 8.0% |
Italy | 0.3 | 0.8 | 0.3 | 2.1 | 91.3% |
Netherlands | 0.4 | 0.4 | 1.3 | 1.8 | 65.1% |
Croatia | N/A | 0.4 | 0.5 | 1.7 | 106.2% |
Greece | 0.8 | 4.3 | 0.7 | 1.1 | 11.2% |
Canada | 0.6 | 0.3 | 0.5 | 0.9 | 14.5% |
France | 0.1 | 0.7 | 0.3 | 0.9 | 108.0% |
Poland | N/A | N/A | N/A | 0.5 | 0% |
Belgium | 1.5 | 0.6 | N/A | 0.5 | -30.7% |
Portugal | 0.2 | 0.3 | 0.7 | 0.4 | 26.0% |
Estonia | N/A | N/A | N/A | 0.4 | 0% |
Germany | 0.2 | 0.3 | 0.1 | 0.3 | 14.5% |
Others | 0.9 | 3.5 | 0.4 | 0.4 | -23.7% |
Total | 10.8 | 19.7 | 15.0 | 21.8 | 26.4% |
Top Suppliers of Cherry and Sour Cherry to Spain in 2022:
- Chile (805.9 tons)
- Croatia (652.7 tons)
- Argentina (616.9 tons)
- Italy (599.6 tons)
- Greece (561.8 tons)
- Netherlands (339.0 tons)
- Estonia (237.5 tons)
- Poland (203.1 tons)
- France (183.1 tons)
- Belgium (168.9 tons)
- Portugal (160.8 tons)
- Canada (95.0 tons)
- Germany (90.0 tons)
This report provides an in-depth analysis of the market for cherry and sour cherry in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 530 - Sour cherries
- FCL 531 - Cherries
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In October 2022, the apricot price amounted to $1,740 per ton (FOB, Spain), with a decrease of -8.3% against the previous month.
Apricot exports from Spain increased to $170M thanks to rising demand from Italy and France, despite rising export prices. Export to other major destinations - Germany and the UK - failed to catch up with the figures of the previous year. Germany, France and Italy remain the major importers of Spanish apricots in 2020.
In June 2023, the price of Sour Cherry reached $4,848 per ton (FOB, Spain), showing a 4.6% increase compared to the previous month.
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In August 2022, the berry price stood at $3,636 per ton (FOB, Spain), shrinking by -2.6% against the previous month.
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