Benelux: Cherry Market 2024

Cherry Market Size in Benelux

The Benelux cherry market contracted markedly to $X in 2022, shrinking by -49.1% against the previous year. Overall, consumption saw a mild descent. As a result, consumption attained the peak level of $X, and then reduced notably in the following year.

Cherry Production in Benelux

In value terms, cherry production shrank to $X in 2022 estimated in export price. In general, production, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2019 when the production volume increased by 98%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were the Netherlands (X tons) and Belgium (X tons).

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by the Netherlands (with a CAGR of +29.2%).

In 2022, the average yield of cherries in Benelux contracted remarkably to X tons per ha, waning by -24.5% on the year before. Overall, the yield, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2019 when the yield increased by 98%. Over the period under review, the cherry yield hit record highs at X tons per ha in 2021, and then shrank significantly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The cherry harvested area shrank slightly to X ha in 2022, approximately equating the year before. Over the period under review, the harvested area recorded a perceptible curtailment. The pace of growth was the most pronounced in 2014 when the harvested area increased by 14% against the previous year. Over the period under review, the harvested area dedicated to cherry production reached the peak figure at X ha in 2017; however, from 2018 to 2022, the harvested area remained at a lower figure.

Cherry Exports

Exports in Benelux

In 2022, the amount of cherries exported in Benelux totaled X tons, rising by 14% on the year before. The total export volume increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 when exports increased by 26%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, cherry exports shrank to $X in 2022. The total export value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when exports increased by 26%. The level of export peaked at $X in 2021, and then dropped slightly in the following year.

Exports by Country

The shipments of the two major exporters of cherries, namely Belgium and the Netherlands, represented more than two-thirds of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Belgium (with a CAGR of +4.5%).

In value terms, the largest cherry supplying countries in Benelux were Belgium ($X) and the Netherlands ($X).

Among the main exporting countries, Belgium, with a CAGR of +5.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, shrinking by -13.3% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the export price increased by 18% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2021, and then shrank in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.7%).

Cherry Imports

Imports in Benelux

In 2022, imports of cherries in Benelux reduced markedly to X tons, which is down by -32.6% compared with the year before. Overall, imports continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2021 when imports increased by 47%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, cherry imports shrank sharply to $X in 2022. Over the period under review, imports showed a pronounced setback. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. As a result, imports reached the peak of $X, and then declined remarkably in the following year.

Imports by Country

The Netherlands represented the main importer of cherries in Benelux, with the volume of imports finishing at X tons, which was approx. 67% of total imports in 2022. It was distantly followed by Belgium (X tons), making up a 29% share of total imports. Luxembourg (X tons) held a little share of total imports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of imports of cherries. Luxembourg experienced a relatively flat trend pattern. Belgium (-6.9%) illustrated a downward trend over the same period. While the share of the Netherlands (+18 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (-18.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported cherries in Benelux, comprising 65% of total imports. The second position in the ranking was held by Belgium ($X), with a 30% share of total imports.

In the Netherlands, cherry imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (-7.3% per year) and Luxembourg (+0.1% per year).

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, approximately mirroring the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 27% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform