India - Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSour Cherry Imports to India Average $581K in 2023
India Sour Cherry Imports
In 2023, purchases abroad of sour cherries decreased by -4% to 75 tons for the first time since 2020, thus ending a two-year rising trend. Over the period under review, total imports indicated buoyant growth from 2013 to 2023: its volume increased at an average annual rate of +9.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by +24.8% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 182%. As a result, imports reached the peak of 87 tons. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.
In value terms, sour cherry imports stood at $581K (IndexBox estimates) in 2023. In general, imports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2019 when imports increased by 338%. Over the period under review, imports hit record highs at $703K in 2014; however, from 2015 to 2023, imports failed to regain momentum.
| COUNTRY | Import Value of Sour Cherry in India (thousand USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Chile | 171 | 390 | 61.8 | 83.1 | 54.7 | N/A | 277 | 108 | 537 | 532 | 533 |
| Afghanistan | 2.5 | N/A | 5.8 | 2.3 | 3.6 | 4.7 | 9.4 | 20.6 | 18.7 | 18.5 | 18.7 |
| Australia | 4.9 | 64.5 | 153 | 140 | 32.7 | 22.8 | 191 | 31.7 | 5.3 | 13.5 | 16.3 |
| Iran | N/A | 1.1 | N/A | N/A | 2.6 | 34.6 | 1.8 | 8.6 | 13.3 | 13.2 | 13.2 |
| Turkey | N/A | 6.9 | 21.2 | 22.6 | 13.6 | 24.0 | 82.9 | 68.3 | N/A | N/A | N/A |
| Canada | N/A | 123 | 70.8 | N/A | 13.3 | 3.4 | 23.1 | N/A | N/A | N/A | N/A |
| United States | 66.7 | 96.6 | 21.3 | 127 | 198 | 31.3 | 2.1 | N/A | 8.4 | 1.9 | N/A |
| New Zealand | N/A | N/A | 115 | 42.4 | N/A | N/A | 14.3 | N/A | N/A | N/A | N/A |
| Others | 4.9 | 21.9 | 44.3 | 1.6 | 40.5 | 19.0 | 10.7 | 3.6 | N/A | N/A | N/A |
| Total | 250 | 703 | 493 | 419 | 359 | 140 | 612 | 241 | 582 | 580 | 581 |
Imports by Country
Chile (37 tons), Afghanistan (24 tons) and Iran (11 tons) were the main suppliers of sour cherry imports to India, with a combined 97% share of total imports.
From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Afghanistan (with a CAGR of +47.3%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Chile ($533K) constituted the largest supplier of sour cherries to India, comprising 92% of total imports. The second position in the ranking was taken by Afghanistan ($19K), with a 3.2% share of total imports. It was followed by Australia, with a 2.8% share.
From 2013 to 2023, the average annual rate of growth in terms of value from Chile amounted to +12.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Afghanistan (+22.2% per year) and Australia (+12.7% per year).
Import Prices by Country
In 2023, the sour cherry price amounted to $7,770 per ton (CIF, India), surging by 4.4% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 308% against the previous year. As a result, import price reached the peak level of $8,167 per ton. From 2020 to 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Chile ($14,384 per ton), while the price for Afghanistan ($778 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Chile (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
This report provides an in-depth analysis of the sour cherry market in India. 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
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Area Harvested, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
