Southern Asia: Market for Cherries and Sour Cherries 2025

Market Size for Cherries and Sour Cherries in Southern Asia

The South Asian cherry and sour cherry market rose to $X in 2022, growing by 1.5% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Cherries and Sour Cherries in Southern Asia

In value terms, cherry and sour cherry production totaled $X in 2022 estimated in export price. Overall, production, however, saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2018 when the production volume increased by 136%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

India (X tons) remains the largest cherry and sour cherry producing country in Southern Asia, accounting for 78% of total volume. Moreover, cherry and sour cherry production in India exceeded the figures recorded by the second-largest producer, Pakistan (X tons), fourfold.

In India, cherry and sour cherry production remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Pakistan (+2.0% per year) and Afghanistan (+48.4% per year).

The average cherry and sour cherry yield reached X tons per ha in 2022, approximately reflecting 2021 figures. In general, the yield recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 6.7%. Over the period under review, the cherry and sour cherry yield reached the peak level in 2022 and is likely to continue growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the cherry and sour cherry harvested area in Southern Asia totaled X ha, leveling off at the year before. Over the period under review, the harvested area recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the harvested area increased by 5.4% against the previous year. Over the period under review, the harvested area dedicated to cherry and sour cherry production reached the maximum at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.

Exports of Cherries and Sour Cherries

Exports in Southern Asia

In 2022, overseas shipments of cherries and sour cherries increased by 61% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2018 when exports increased by 547%. The volume of export peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, cherry and sour cherry exports soared to $X in 2022. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by 857% against the previous year. 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

Afghanistan dominates exports structure, recording X tons, which was near 90% of total exports in 2022. It was distantly followed by Bangladesh (X tons), comprising a 6.5% share of total exports. The following exporters - India (X tons) and Sri Lanka (X tons) - each recorded a 3.5% share of total exports.

Afghanistan was also the fastest-growing in terms of the cherries and sour cherries exports, with a CAGR of +70.2% from 2012 to 2022. At the same time, Sri Lanka (+58.3%) and Bangladesh (+53.4%) displayed positive paces of growth. By contrast, India (-7.1%) illustrated a downward trend over the same period. Afghanistan (+90 p.p.) and Bangladesh (+6.5 p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by -78.5% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Afghanistan ($X) remains the largest cherry and sour cherry supplier in Southern Asia, comprising 93% of total exports. The second position in the ranking was taken by Bangladesh ($X), with a 3.3% share of total exports. It was followed by Sri Lanka, with a 3.1% share.

In Afghanistan, cherry and sour cherry exports expanded at an average annual rate of +63.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Bangladesh (+60.7% per year) and Sri Lanka (+49.3% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, shrinking by -3.9% against the previous year. In general, the export price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2020 when the export price increased by 74% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+4.8%), while the other leaders experienced a decline in the export price figures.

Imports of Cherries and Sour Cherries

Imports in Southern Asia

In 2022, the amount of cherries and sour cherries imported in Southern Asia soared to X tons, jumping by 74% on 2021. Overall, imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 87% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, cherry and sour cherry imports surged to $X in 2022. In general, imports continue to indicate a strong increase. The growth pace was the most rapid in 2021 when imports increased by 106%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

India prevails in imports structure, resulting at X tons, which was approx. 92% of total imports in 2022. It was distantly followed by Afghanistan (X tons), mixing up a 7.2% share of total imports.

India was also the fastest-growing in terms of the cherries and sour cherries imports, with a CAGR of +21.8% from 2012 to 2022. Afghanistan (-12.0%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India increased by +59 percentage points.

In value terms, India ($X) constitutes the largest market for imported cherries and sour cherries in Southern Asia, comprising 97% of total imports. The second position in the ranking was taken by Afghanistan ($X), with a 1.8% share of total imports.

In India, cherry and sour cherry imports expanded at an average annual rate of +24.0% over the period from 2012-2022.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, waning by -7.6% against the previous year. Over the period under review, the import price, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2019 an increase of 48% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per ton), while Afghanistan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.7%).

Source: IndexBox Platform

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