Chile: Market for Cherries and Sour Cherries 2025

Market Size for Cherries and Sour Cherries in Chile

The Chilean cherry and sour cherry market dropped to $X in 2022, shrinking by -7% against the previous year. Over the period under review, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -35.0% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Cherries and Sour Cherries in Chile

In value terms, cherry and sour cherry production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production saw a resilient expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 58% against the previous year. Cherry and sour cherry production peaked at $X in 2019; afterwards, it flattened through to 2022.

In 2022, the average yield of cherries and sour cherries in Chile surged to X tons per ha, picking up by 29% against the previous year's figure. In general, the yield indicated a temperate increase from 2012 to 2022: its figure increased at an average annual rate of +4.2% 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 increased by +44.1% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the yield increased by 58% against the previous year. Over the period under review, the average cherry and sour cherry yield hit record highs in 2022 and is likely to see gradual growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The cherry and sour cherry harvested area in Chile fell to X ha in 2022, waning by -9.5% on the previous year. In general, the harvested area, however, continues to indicate a buoyant increase. The growth pace was the most rapid in 2019 with an increase of 27%. The cherry and sour cherry harvested area peaked at X ha in 2021, and then reduced in the following year.

Exports of Cherries and Sour Cherries

Exports from Chile

Cherry and sour cherry exports from Chile soared to X tons in 2022, rising by 18% compared with 2021. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2018 with an increase of 126%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, cherry and sour cherry exports surged to $X in 2022. Over the period under review, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 89% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

China (X tons) was the main destination for cherry and sour cherry exports from Chile, accounting for a 88% share of total exports. Moreover, cherry and sour cherry exports to China exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold. South Korea (X tons) ranked third in terms of total exports with a 1.6% share.

From 2012 to 2022, the average annual growth rate of volume to China amounted to +29.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+2.7% per year) and South Korea (+177.9% per year).

In value terms, China ($X) remains the key foreign market for cherries and sour cherries exports from Chile, comprising 90% of total exports. The second position in the ranking was taken by the United States ($X), with a 3% share of total exports. It was followed by South Korea, with a 1.8% share.

From 2012 to 2022, the average annual growth rate of value to China stood at +26.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+2.3% per year) and South Korea (+155.5% per year).

Export Prices by Country

In 2022, the average cherry and sour cherry export price amounted to $X per ton, rising by 2.2% against the previous year. In general, the export price, however, showed a mild shrinkage. The growth pace was the most rapid in 2013 when the average export price increased by 22% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Hong Kong SAR ($X per ton) and South Korea ($X per ton), while the average price for exports to the United States ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.4%), while the prices for the other major destinations experienced a decline.

Imports of Cherries and Sour Cherries

Imports into Chile

In 2021, overseas purchases of cherries and sour cherries decreased by 0% to X tons, falling for the third year in a row after three years of growth. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 569%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, cherry and sour cherry imports stood at $X in 2021. Overall, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of 162%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Turkey (X tons) was the main cherry and sour cherry supplier to Chile, accounting for a 97% share of total imports. Moreover, cherry and sour cherry imports from Turkey exceeded the figures recorded by the second-largest supplier, the United States (X kg), more than tenfold.

From 2014 to 2021, the average annual growth rate of volume from Turkey was relatively modest.

In value terms, Turkey ($X) constituted the largest supplier of cherries and sour cherries to Chile, comprising 88% of total imports. The second position in the ranking was taken by the United States ($X), with a 12% share of total imports.

From 2014 to 2021, the average annual rate of growth in terms of value from Turkey was relatively modest.

Import Prices by Country

In 2021, the average cherry and sour cherry import price amounted to $X per ton, remaining stable against the previous year. Overall, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 250%. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Turkey totaled $X per ton.

From 2014 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+33.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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