South Africa: Sour Cherry Market 2024

Sour Cherry Market Size in South Africa

In 2022, the South African sour cherry market was finally on the rise to reach $X for the first time since 2017, thus ending a four-year declining trend. In general, consumption saw a dramatic downturn. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Sour Cherry Production in South Africa

In value terms, sour cherry production rose slightly to $X in 2022 estimated in export price. Overall, the total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +7.5% against 2019 indices. The pace of growth appeared the most rapid in 2016 when the production volume increased by 27% against the previous year. Sour cherry production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

The average yield of sour cherries in South Africa amounted to less than X kg per ha in 2022, standing approx. at the year before. Overall, the yield showed 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.

The sour cherry harvested area in South Africa was estimated at less than X ha in 2022, almost unchanged from 2021. Overall, the harvested area recorded a relatively flat trend pattern.

Sour Cherry Exports

Exports from South Africa

Sour cherry exports from South Africa soared to X tons in 2022, rising by 61% against the previous year. In general, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by 195%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, sour cherry exports skyrocketed to $X in 2022. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2018 when exports increased by 564%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The UK (X tons), the United Arab Emirates (X tons) and India (X tons) were the main destinations of sour cherry exports from South Africa, together comprising 60% of total exports. Qatar, the Netherlands, Cambodia, Lesotho, Mauritius, Spain, Mozambique, Singapore, Kenya and Botswana lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +317.7%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), the United Arab Emirates ($X) and India ($X) appeared to be the largest markets for sour cherry exported from South Africa worldwide, together accounting for 64% of total exports. Qatar, the Netherlands, Cambodia, Mauritius, Singapore, Spain, Botswana, Kenya, Lesotho and Mozambique lagged somewhat behind, together accounting for a further 29%.

The Netherlands, with a CAGR of +321.7%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average sour cherry export price amounted to $X per ton, surging by 27% against the previous year. Overall, the export price posted a significant expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 200%. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Mozambique ($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 Singapore (+71.8%), while the prices for the other major destinations experienced more modest paces of growth.

Sour Cherry Imports

Imports into South Africa

In 2022, purchases abroad of sour cherries increased by 731% to X tons, rising for the fourth year in a row after three years of decline. Over the period under review, imports, however, showed a perceptible shrinkage. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, sour cherry imports skyrocketed to $X in 2022. Overall, imports posted a prominent increase. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Spain (X tons) was the main sour cherry supplier to South Africa, accounting for a approx. 99.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain stood at +731.8%.

In value terms, Spain ($X) constituted the largest supplier of sour cherries to South Africa.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain totaled +978.8%.

Import Prices by Country

The average sour cherry import price stood at $X per ton in 2022, jumping by 30% against the previous year. In general, the import price showed resilient growth. The pace of growth was the most pronounced in 2013 an increase of 65% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +29.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :