Cyprus: Strawberry Market 2020

Strawberry Market Size in Cyprus

The revenue of the strawberry market in Cyprus amounted to $X in 2018, reducing by -X% against the previous year. Over the period under review, strawberry consumption, however, continues to indicate a drastic drop. The growth pace was the most rapid in 2014 when the market value increased by X% y-o-y. Over the period under review, the strawberry market reached its maximum level at $X in 2015; however, from 2016 to 2018, consumption stood at a somewhat lower figure.

Strawberry Production in Cyprus

In value terms, strawberry production totaled $X in 2018 estimated in export prices. Overall, strawberry production continues to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2017 when production volume increased by X% against the previous year. Over the period under review, strawberry production reached its peak figure level at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Average yield of strawberries in Cyprus stood at X ton per ha in 2018, going up by X% against the previous year. In general, the yield indicated a tangible increase from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, strawberry yield increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. In that year, the average strawberry yield attained its peak level of X ton per ha. From 2010 to 2018, the growth of the average strawberry yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Strawberry harvested area in Cyprus totaled X ha in 2018, coming down by -X% against the previous year. Over the period under review, the strawberry harvested area continues to indicate a drastic decrease. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Strawberry harvested area peaked at X ha in 2007; however, from 2008 to 2018, harvested area remained at a lower figure.

Strawberry Exports

Exports from Cyprus

In 2018, the amount of strawberries exported from Cyprus totaled X tons, going up by X% against the previous year. In general, strawberry exports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, strawberry exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, strawberry exports amounted to $X in 2018. Overall, strawberry exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, strawberry exports attained their maximum at $X in 2009; however, from 2010 to 2018, exports failed to regain their momentum.

Exports by Country

France (X tons) was the main destination for strawberry exports from Cyprus, with a X% share of total exports. Moreover, strawberry exports to France exceeded the volume sent to the second major destination, Turkey (X tons), tenfold.

From 2007 to 2018, the average annual growth rate of volume to France totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Greece (+X% per year).

In value terms, France ($X) remains the key foreign market for strawberry exports from Cyprus, comprising X% of total strawberry exports. The second position in the ranking was occupied by Greece ($X), with a X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of value to France stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+X% per year) and Turkey (X% per year).

Export Prices by Country

In 2018, the average strawberry export price amounted to $X per ton, lowering by -X% against the previous year. Over the period under review, the strawberry export price continues to indicate an abrupt curtailment. The pace of growth appeared the most rapid in 2016 an increase of X% y-o-y. Over the period under review, the average export prices for strawberries attained their peak figure at $X per ton in 2009; however, from 2010 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Greece ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced mixed trend patterns.

Strawberry Imports

Imports into Cyprus

Strawberry imports into Cyprus stood at X tons in 2018, rising by X% against the previous year. Over the period under review, strawberry imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2018, imports remained at a lower figure.

In value terms, strawberry imports amounted to $X in 2018. Over the period under review, strawberry imports continue to indicate a strong increase. The growth pace was the most rapid in 2012 when imports increased by X% y-o-y. Over the period under review, strawberry imports reached their maximum at $X in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Spain (X tons) constituted the largest strawberry supplier to Cyprus, with a X% share of total imports. Moreover, strawberry imports from Spain exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. The third position in this ranking was occupied by Greece (X tons), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Greece (+X% per year).

In value terms, the largest strawberry suppliers to Cyprus were Belgium ($X), the Netherlands ($X) and Greece ($X), with a combined X% share of total imports.

Belgium (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average strawberry import price amounted to $X per ton, declining by -X% against the previous year. In general, the strawberry import price continues to indicate a slight slump. The pace of growth was the most pronounced in 2017 when the average import price increased by X% year-to-year. The import price peaked at $X per ton in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Belgium ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform