Denmark: Sour Cherry Market 2024

Sour Cherry Market Size in Denmark

In 2022, the Danish sour cherry market increased by 5.5% to $X for the first time since 2017, thus ending a four-year declining trend. Overall, consumption, however, recorded a deep reduction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Sour Cherry Production in Denmark

In value terms, sour cherry production rose significantly to $X in 2022 estimated in export price. In general, production recorded buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of 628% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average yield of sour cherries in Denmark dropped to X tons per ha, therefore, remained relatively stable against the previous year's figure. Over the period under review, the yield showed a mild contraction. The growth pace was the most rapid in 2013 with an increase of 130%. As a result, the yield attained the peak level of X tons per ha. From 2014 to 2022, the growth of the average sour cherry yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of sour cherries production in Denmark totaled X ha, growing by 6.6% on the previous year. Overall, the harvested area, however, showed a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 13%. Over the period under review, the harvested area dedicated to sour cherry production attained the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Sour Cherry Exports

Exports from Denmark

In 2022, overseas shipments of sour cherries were finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2018 when exports increased by 8,200% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, sour cherry exports surged to $X in 2022. Overall, exports, however, recorded a precipitous decline. The pace of growth was the most pronounced in 2018 with an increase of 4,186%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for sour cherry exports from Denmark, accounting for a 97% share of total exports. Moreover, sour cherry exports to the UK exceeded the volume sent to the second major destination, Faroe Islands (X kg), more than tenfold.

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

In value terms, the UK ($X) emerged as the key foreign market for sour cherries exports from Denmark, comprising 89% of total exports. The second position in the ranking was taken by Faroe Islands ($X), with an 11% share of total exports.

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

Export Prices by Country

The average sour cherry export price stood at $X per ton in 2022, with a decrease of -73.8% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 446%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Faroe Islands ($X per ton), while the average price for exports to the UK stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+117.6%), while the prices for the other major destinations experienced more modest paces of growth.

Sour Cherry Imports

Imports into Denmark

Sour cherry imports into Denmark reduced rapidly to X tons in 2022, waning by -41.4% compared with the previous year. Over the period under review, imports, however, saw a perceptible increase. The growth pace was the most rapid in 2018 when imports increased by 186%. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, sour cherry imports reduced rapidly to $X in 2022. In general, imports, however, recorded a moderate expansion. The pace of growth was the most pronounced in 2013 with an increase of 208% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) was the main sour cherry supplier to Denmark, accounting for a 98% share of total imports. It was followed by Poland (X kg), with a 0.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +72.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-78.3% per year) and Sweden (-43.5% per year).

In value terms, Germany ($X) constituted the largest supplier of sour cherries to Denmark, comprising 98% of total imports. The second position in the ranking was taken by Sweden ($X), with a 0.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +89.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-41.1% per year) and Poland (-74.0% per year).

Import Prices by Country

In 2022, the average sour cherry import price amounted to $X per ton, picking up by 2.1% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 46% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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