Report Update Jan 1, 2025

Myanmar - Cherries and Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Market for Cherries and Sour Cherries 2025

Market Size for Cherries and Sour Cherries in Myanmar

After three years of growth, the Myanmar's cherry and sour cherry market decreased by -23.7% to $X in 2022. Overall, consumption, however, enjoyed significant growth. Cherry and sour cherry consumption peaked at $X in 2021, and then shrank rapidly in the following year.

Production of Cherries and Sour Cherries in Myanmar

In value terms, cherry and sour cherry production reduced rapidly to $X in 2022 estimated in export price. Overall, production, however, enjoyed a significant expansion. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

The average yield of cherries and sour cherries in Myanmar amounted to less than X kg per ha in 2022, remaining stable against the year before. 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.

In 2022, the total area harvested in terms of cherries and sour cherries production in Myanmar amounted to less than X ha, stabilizing at the previous year's figure. In general, the harvested area showed a relatively flat trend pattern.

Exports of Cherries and Sour Cherries

Exports from Myanmar

In 2019, the amount of cherries and sour cherries exported from Myanmar soared to X tons, growing by 5,064% on 2018. In general, exports, however, saw a dramatic decline. The exports peaked at X tons in 2016; however, from 2017 to 2019, the exports stood at a somewhat lower figure.

In value terms, cherry and sour cherry exports surged to $X in 2019. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for cherry and sour cherry exports from Myanmar, with a approx. 100% share of total exports.

From 2016 to 2019, the average annual growth rate of volume to the United States was relatively modest.

From 2016 to 2019, the average annual rate of growth in terms of value to the United States was relatively modest.

Export Prices by Country

In 2019, the average cherry and sour cherry export price amounted to $X per ton, falling by -8.4% against the previous year. Over the period under review, the export price, however, posted significant growth. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018, and then fell in the following year.

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

From 2016 to 2019, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

Imports of Cherries and Sour Cherries

Imports into Myanmar

After eight years of growth, purchases abroad of cherries and sour cherries decreased by -46% to X tons in 2022. Over the period under review, imports, however, posted a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 55%. As a result, imports attained the peak of X tons, and then reduced notably in the following year.

In value terms, cherry and sour cherry imports expanded significantly to $X in 2022. In general, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 43%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Australia (X tons) was the main supplier of cherry and sour cherry to Myanmar, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Australia totaled +20.5%.

In value terms, Australia ($X) constituted the largest supplier of cherries and sour cherries to Myanmar.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia amounted to +24.1%.

Import Prices by Country

The average cherry and sour cherry import price stood at $X per ton in 2022, surging by 102% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +16.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cherries and sour cherries in the world?

The country with the largest volume of cherry and sour cherry consumption was Turkey, accounting for 21% of total volume. Moreover, cherry and sour cherry consumption in Turkey exceeded the figures recorded by the second-largest consumer, Russia, twofold. The third position in this ranking was occupied by the United States, with an 8.1% share.

What are the largest producers of cherries and sour cherries in the world?

The country with the largest volume of cherry and sour cherry production was Turkey, accounting for 22% of total volume. Moreover, cherry and sour cherry production in Turkey exceeded the figures recorded by the second-largest producer, the United States, twofold. Russia ranked third in terms of total production with a 7.4% share.

What are the leading suppliers of cherries and sour cherries to Myanmar?

In value terms, the United States constituted the largest supplier of cherry and sour cherry to Myanmar, comprising 66% of total imports. The second position in the ranking was occupied by Thailand, with a 16% share of total imports. It was followed by New Zealand, with an 11% share.

What is the average export price for cherries and sour cherries in Myanmar?

In 2019, the average cherry and sour cherry export price amounted to $422 per ton, with an increase of 87% against the previous year.

What is the average import price for cherries and sour cherries in Myanmar?

In 2021, the average cherry and sour cherry import price amounted to $6,657 per ton, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the market for cherry and sour cherry in Myanmar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 530 - Sour cherries
FCL 531 - Cherries

Country coverage:

Myanmar

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Myanmar
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024