Slovakia: Cherry Market 2025

Cherry Market Size in Slovakia

The Slovak cherry market rose sharply to $X in 2022, with an increase of 5.3% against the previous year. Overall, consumption, however, continues to indicate a buoyant expansion. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in years to come.

Cherry Production in Slovakia

In value terms, cherry production expanded sharply to $X in 2022 estimated in export price. Overall, production saw a perceptible slump. The growth pace was the most rapid in 2014 with an increase of 67%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The average yield of cherries in Slovakia expanded slightly to X tons per ha in 2022, growing by 1.6% against 2021 figures. Over the period under review, the yield recorded a buoyant increase. The pace of growth appeared the most rapid in 2014 when the yield increased by 131% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2015 to 2022, the growth of the average 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.

The cherry harvested area in Slovakia shrank slightly to X ha in 2022, which is down by -3.4% on the previous year. Over the period under review, the harvested area continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2018 with an increase of 14%. The cherry harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Cherry Exports

Exports from Slovakia

In 2022, overseas shipments of cherries increased by 225% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, exports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 1,222%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, cherry exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2018 with an increase of 811% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Hungary (X tons) and the Czech Republic (X tons) were the main destinations of cherry exports from Slovakia.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +29.9%).

In value terms, Hungary ($X) remains the key foreign market for cherries exports from Slovakia, comprising 69% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 31% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Hungary totaled +24.8%.

Export Prices by Country

The average cherry export price stood at $X per ton in 2022, dropping by -13.5% against the previous year. Overall, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2016 an increase of 34% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+9.3%), while the prices for the other major destinations experienced a decline.

Cherry Imports

Imports into Slovakia

In 2022, purchases abroad of cherries increased by 3.8% to X tons, rising for the second consecutive year after two years of decline. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 324%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, cherry imports declined to $X in 2022. Over the period under review, imports posted strong growth. The most prominent rate of growth was recorded in 2018 when imports increased by 135%. Over the period under review, imports attained the peak figure at $X in 2021, and then dropped slightly in the following year.

Imports by Country

In 2022, Hungary (X tons) constituted the largest cherry supplier to Slovakia, with a 69% share of total imports. Moreover, cherry imports from Hungary exceeded the figures recorded by the second-largest supplier, Spain (X tons), fourfold. The third position in this ranking was taken by the Czech Republic (X tons), with a 6.7% share.

From 2012 to 2022, the average annual growth rate of volume from Hungary stood at +74.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+155.6% per year) and the Czech Republic (+16.4% per year).

In value terms, Spain ($X), Hungary ($X) and the Czech Republic ($X) appeared to be the largest cherry suppliers to Slovakia, together comprising 86% of total imports.

Spain, with a CAGR of +158.6%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cherry import price amounted to $X per ton, dropping by -5.7% against the previous year. In general, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2015 an increase of 80% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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