Slovenia: Sour Cherry Market 2024

Sour Cherry Market Size in Slovenia

In 2022, the Slovene sour cherry market increased by 5.5% to $X, rising for the second year in a row after two years of decline. Overall, consumption continues to indicate a moderate increase. Sour cherry consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Sour Cherry Production in Slovenia

In value terms, sour cherry production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 84% against the previous year. Sour cherry production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

The average yield of sour cherries in Slovenia declined sharply to X tons per ha in 2022, with a decrease of -91.7% compared with the year before. Over the period under review, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the yield increased by 592% against the previous year. As a result, the yield attained the peak level of X tons per ha, and then fell dramatically in the following year. 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 Slovenia was estimated at X ha, approximately equating 2021 figures. In general, the harvested area continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2018 with an increase of 43% against the previous year. 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 failed to regain momentum.

Sour Cherry Exports

Exports from Slovenia

In 2022, shipments abroad of sour cherries decreased by -7% to X tons, falling for the third year in a row after two years of growth. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2019 with an increase of 1,493%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, sour cherry exports expanded remarkably to $X in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 2,545%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Exports by Country

Italy (X tons), Germany (X tons) and Belgium (X tons) were the main destinations of sour cherry exports from Slovenia, together comprising 85% of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +28.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sour cherry exported from Slovenia were Germany ($X), Italy ($X) and Belgium ($X), together accounting for 88% of total exports.

Among the main countries of destination, Italy, with a CAGR of +35.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sour cherry export price stood at $X per ton in 2022, jumping by 16% against the previous year. Over the period under review, the export price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by 106%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.

Sour Cherry Imports

Imports into Slovenia

After two years of decline, overseas purchases of sour cherries increased by 29% to X tons in 2022. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 6,070%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, sour cherry imports soared to $X in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2016 when imports increased by 4,717%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Serbia (X tons) constituted the largest supplier of sour cherry to Slovenia, accounting for a 81% share of total imports. Moreover, sour cherry imports from Serbia exceeded the figures recorded by the second-largest supplier, Croatia (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Serbia amounted to +37.3%.

In value terms, Serbia ($X) constituted the largest supplier of sour cherries to Slovenia, comprising 84% of total imports. The second position in the ranking was held by Croatia ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Serbia amounted to +23.5%.

Import Prices by Country

In 2022, the average sour cherry import price amounted to $X per ton, with a decrease of -2.5% against the previous year. Over the period under review, the import price saw a abrupt slump. The growth pace was the most rapid in 2014 when the average import price increased by 109% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Serbia ($X per ton), while the price for Croatia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+8.7%).

Source: IndexBox Platform