Ethiopia: Cherry Market 2025

Cherry Market Size in Ethiopia

In 2022, after seven years of growth, there was significant decline in the Ethiopian cherry market, when its value decreased by -74.3% to $X. Over the period under review, consumption, however, saw a resilient increase. Cherry consumption peaked at $X in 2021, and then fell markedly in the following year.

Cherry Production in Ethiopia

In value terms, cherry production contracted to $X in 2022 estimated in export price. Over the period under review, production showed a strong expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by 51% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

The average yield of cherries in Ethiopia was estimated at less than X kg per ha in 2022, stabilizing at 2021. Overall, 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.

In 2022, approx. less than X ha of cherries were harvested in Ethiopia; stabilizing at the previous year's figure. In general, the harvested area saw a relatively flat trend pattern.

Cherry Exports

Exports from Ethiopia

For the sixth year in a row, Ethiopia recorded growth in overseas shipments of cherries, which increased by 26% to X tons in 2021. Over the period under review, exports, however, continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2019 when exports increased by 86% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, cherry exports declined slightly to $X in 2021. Overall, exports saw noticeable growth. The most prominent rate of growth was recorded in 2019 when exports increased by 212% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons) was the main destination for cherry exports from Ethiopia, with a approx. 100% share of total exports.

From 2014 to 2021, the average annual growth rate of volume to Saudi Arabia totaled +65.8%.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for cherries exports from Ethiopia.

From 2014 to 2021, the average annual growth rate of value to Saudi Arabia amounted to +56.3%.

Export Prices by Country

In 2021, the average cherry export price amounted to $X per ton, dropping by -24.3% against the previous year. In general, the export price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 68%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2014 to 2021, the rate of growth in terms of prices for Saudi Arabia amounted to -5.7% per year.

Cherry Imports

Imports into Ethiopia

In 2021, overseas purchases of cherries increased by 272% to X tons, rising for the fourth year in a row after two years of decline. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 382% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, cherry imports soared to $X in 2021. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Sri Lanka (X tons) constituted the largest cherry supplier to Ethiopia, accounting for a 82% share of total imports. Moreover, cherry imports from Sri Lanka exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fivefold.

From 2014 to 2021, the average annual rate of growth in terms of volume from Sri Lanka was relatively modest.

In value terms, Sri Lanka ($X) and Vietnam ($X) appeared to be the largest cherry suppliers to Ethiopia.

Sri Lanka, with a CAGR of 0.0%, recorded 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 2021, the average cherry import price amounted to $X per ton, reducing by -33.7% against the previous year. Overall, the import price showed a abrupt slump. The growth pace was the most rapid in 2016 a decrease of -4.9% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Sri Lanka totaled $X per ton.

From 2014 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (0.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform