Colombia: Sour Cherry Market 2025

Sour Cherry Market Size in Colombia

The Colombian sour cherry market soared to $X in 2022, picking up by 20% against the previous year. Over the period under review, consumption, however, faced a precipitous setback. Sour cherry consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Sour Cherry Production in Colombia

In value terms, sour cherry production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of 38% against the previous year. Sour cherry production peaked at $X in 2020; afterwards, it flattened through to 2022.

In 2022, the average sour cherry yield in Colombia was estimated at less than X kg per ha, leveling off at the previous year. In general, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The sour cherry harvested area in Colombia totaled less than X ha in 2022, flattening at the year before. Overall, the harvested area saw a relatively flat trend pattern.

Sour Cherry Exports

Exports from Colombia

In 2022, after seven years of growth, there was significant decline in shipments abroad of sour cherries, when their volume decreased by -29.8% to X tons. In general, exports, however, showed a strong expansion. The pace of growth was the most pronounced in 2016 when exports increased by 164% against the previous year. The exports peaked at X tons in 2021, and then shrank notably in the following year.

In value terms, sour cherry exports dropped markedly to $X in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2016 when exports increased by 110% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then contracted markedly in the following year.

Exports by Country

Singapore (X tons) was the main destination for sour cherry exports from Colombia, accounting for a 48% share of total exports. Moreover, sour cherry exports to Singapore exceeded the volume sent to the second major destination, Qatar (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Singapore was relatively modest.

In value terms, Singapore ($X) emerged as the key foreign market for sour cherries exports from Colombia, comprising 49% of total exports. The second position in the ranking was held by Qatar ($X), with a 2.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore was relatively modest.

Export Prices by Country

The average sour cherry export price stood at $X per ton in 2022, increasing by 7.6% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sour cherry export price increased by +90.4% against 2017 indices. The most prominent rate of growth was recorded in 2014 an increase of 70%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Qatar totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (-0.1%).

Sour Cherry Imports

Imports into Colombia

In 2022, sour cherry imports into Colombia fell dramatically to X tons, dropping by -34.7% on the year before. Overall, imports showed a dramatic decrease. The pace of growth was the most pronounced in 2021 when imports increased by 226% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, sour cherry imports reduced rapidly to $X in 2022. In general, imports continue to indicate a dramatic decrease. The growth pace was the most rapid in 2018 with an increase of 242%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Chile (X kg) and the United States (X kg) were the main suppliers of sour cherry imports to Colombia.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of -12.5%).

In value terms, the United States ($X) and Chile ($X) appeared to be the largest sour cherry suppliers to Colombia.

The United States, with a CAGR of -16.2%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review.

Import Prices by Country

In 2022, the average sour cherry import price amounted to $X per ton, growing by 5.1% against the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sour cherry import price decreased by -35.4% against 2019 indices. The pace of growth was the most pronounced in 2016 an increase of 25%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Chile totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+0.6%).

Source: IndexBox Platform

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