Asia-Pacific: Market for Cherries and Sour Cherries 2025

Market Size for Cherries and Sour Cherries in Asia-Pacific

The Asia-Pacific cherry and sour cherry market amounted to $X in 2022, surging by 6.7% against the previous year. The total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +92.4% against 2013 indices. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the near future.

Production of Cherries and Sour Cherries in Asia-Pacific

In value terms, cherry and sour cherry production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 44%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were China (X tons), Hong Kong SAR (X tons) and Australia (X tons), with a combined 68% share of total production. Japan, India, New Zealand and Pakistan lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of +17.9%), while production for the other leaders experienced more modest paces of growth.

The average cherry and sour cherry yield surged to X tons per ha in 2022, increasing by 17% on 2021. The yield indicated temperate growth from 2012 to 2022: its figure increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cherry and sour cherry yield decreased by -2.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 50%. As a result, the yield attained the peak level of X tons per ha. From 2021 to 2022, the growth of the cherry and sour 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 2022, the cherry and sour cherry harvested area in Asia-Pacific fell slightly to X ha, which is down by -1.9% compared with the year before. The harvested area increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 7.7%. The level of harvested area peaked at X ha in 2021, and then contracted slightly in the following year.

Exports of Cherries and Sour Cherries

Exports in Asia-Pacific

In 2022, approx. X tons of cherries and sour cherries were exported in Asia-Pacific; flattening at the previous year. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 116% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, cherry and sour cherry exports surged to $X in 2022. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of 85%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Hong Kong SAR dominates exports structure, accounting for X tons, which was near 95% of total exports in 2022. New Zealand (X tons) followed a long way behind the leaders.

Hong Kong SAR was also the fastest-growing in terms of the cherries and sour cherries exports, with a CAGR of +26.1% from 2012 to 2022. At the same time, New Zealand (+15.9%) displayed positive paces of growth. Hong Kong SAR (+9.5 p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by -3% from 2012 to 2022, respectively.

In value terms, Hong Kong SAR ($X) remains the largest cherry and sour cherry supplier in Asia-Pacific, comprising 89% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 7.1% share of total exports.

In Hong Kong SAR, cherry and sour cherry exports expanded at an average annual rate of +29.3% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, growing by 22% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2013 an increase of 34%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Hong Kong SAR totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+3.3%).

Imports of Cherries and Sour Cherries

Imports in Asia-Pacific

In 2022, the amount of cherries and sour cherries imported in Asia-Pacific reduced slightly to X tons, dropping by -2% on the previous year's figure. Over the period under review, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 69%. The volume of import peaked at X tons in 2021, and then dropped slightly in the following year.

In value terms, cherry and sour cherry imports stood at $X in 2022. Overall, imports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2018 when imports increased by 57%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

China was the main importer of cherries and sour cherries in Asia-Pacific, with the volume of imports finishing at X tons, which was near 58% of total imports in 2022. It was distantly followed by Hong Kong SAR (X tons), creating a 35% share of total imports. The following importers - Taiwan (Chinese) (X tons) and South Korea (X tons) - each reached a 4.1% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by China (with a CAGR of +24.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported cherries and sour cherries in Asia-Pacific, comprising 61% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 30% share of total imports. It was followed by Taiwan (Chinese), with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled +24.6%. The remaining importing countries recorded the following average annual rates of imports growth: Hong Kong SAR (+18.3% per year) and Taiwan (Chinese) (+4.7% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, surging by 15% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 30%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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