Australia: Cherry Market 2025

Cherry Market Size in Australia

The Australian cherry market soared to $X in 2022, rising by 102% against the previous year. In general, consumption saw prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Cherry Production in Australia

In value terms, cherry production reached $X in 2022 estimated in export price. In general, the total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.0% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 52% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

The average yield of cherries in Australia skyrocketed to X tons per ha in 2022, surging by 196% compared with the year before. Over the period under review, the yield posted strong growth. As a result, the yield attained the peak level and is likely to continue growth in the immediate term. 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 were harvested in Australia; which is down by -15.6% against the previous year's figure. In general, the total harvested area indicated a noticeable expansion from 2012 to 2022: its figure increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cherry harvested area increased by +22.7% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 51%. Over the period under review, the harvested area dedicated to cherry production reached the maximum at X ha in 2021, and then reduced dramatically in the following year.

Cherry Exports

Exports from Australia

In 2022, the amount of cherries exported from Australia contracted notably to X tons, declining by -15.8% against the year before. Over the period under review, total exports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -36.9% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 103%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, cherry exports declined significantly to $X in 2022. Overall, exports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2013 with an increase of 91% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tons), Vietnam (X tons) and Taiwan (Chinese) (X tons) were the main destinations of cherry exports from Australia, with a combined 60% 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 Vietnam (with a CAGR of +24.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cherry exported from Australia were Hong Kong SAR ($X), Vietnam ($X) and Taiwan (Chinese) ($X), with a combined 62% share of total exports.

Vietnam, with a CAGR of +29.0%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cherry export price amounted to $X per ton, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2016 an increase of 28%. The export price peaked at $X per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Cherry Imports

Imports into Australia

Cherry imports into Australia dropped sharply to X tons in 2022, waning by -63.9% compared with the year before. Overall, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 59% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, cherry imports declined sharply to $X in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2017 when imports increased by 54%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) was the main supplier of cherry to Australia, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to -19.8%.

In value terms, the United States ($X) constituted the largest supplier of cherries to Australia.

From 2012 to 2022, the average annual growth rate of value from the United States stood at -13.2%.

Import Prices by Country

The average cherry import price stood at $X per ton in 2022, increasing by 26% against the previous year. Over the period under review, the import price showed buoyant growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 34%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +8.2% per year.

Source: IndexBox Platform

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