Estonia - Cherries and Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEstonia: Market for Cherries and Sour Cherries 2024
Market Size for Cherries and Sour Cherries in Estonia
In 2022, the Estonian cherry and sour cherry market increased by X% to $X, rising for the third consecutive year after three years of decline. In general, consumption, however, enjoyed a pronounced increase. Cherry and sour cherry consumption peaked in 2022 and is expected to retain growth in years to come.
Production of Cherries and Sour Cherries in Estonia
In value terms, cherry and sour cherry production rose to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt descent. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Cherry and sour cherry production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.
The average yield of cherries and sour cherries in Estonia contracted modestly to X kg per ha in 2022, almost unchanged from 2021. In general, the yield showed a pronounced reduction. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The cherry and sour cherry yield peaked at X kg per ha in 2016; however, from 2017 to 2022, the 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.
In 2022, approx. X ha of cherries and sour cherries were harvested in Estonia; almost unchanged from 2021 figures. Over the period under review, the harvested area saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to cherry and sour cherry production attained the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.
Exports of Cherries and Sour Cherries
Exports from Estonia
In 2022, exports of cherries and sour cherries from Estonia contracted sharply to X tons, with a decrease of X% compared with the year before. In general, exports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at X tons in 2021, and then dropped notably in the following year.
In value terms, cherry and sour cherry exports contracted remarkably to $X in 2022. Over the period under review, exports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then dropped markedly in the following year.
Exports by Country
Spain (X tons) was the main destination for cherry and sour cherry exports from Estonia, with a X% share of total exports. Moreover, cherry and sour cherry exports to Spain exceeded the volume sent to the second major destination, Latvia (X tons), threefold.
From 2012 to 2022, the average annual rate of growth in terms of volume to Spain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (X% per year) and Finland (X% per year).
In value terms, Spain ($X) emerged as the key foreign market for cherries and sour cherries exports from Estonia, comprising X% of total exports. The second position in the ranking was taken by Latvia ($X), with a X% share of total exports.
From 2012 to 2022, the average annual growth rate of value to Spain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (X% per year) and Finland (X% per year).
Export Prices by Country
The average cherry and sour cherry export price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Spain ($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 Latvia (X%), while the prices for the other major destinations experienced a decline.
Imports of Cherries and Sour Cherries
Imports into Estonia
In 2022, overseas purchases of cherries and sour cherries decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then reduced remarkably in the following year.
In value terms, cherry and sour cherry imports shrank to $X in 2022. Over the period under review, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then shrank in the following year.
Imports by Country
Greece (X tons), Latvia (X tons) and Spain (X tons) were the main suppliers of cherry and sour cherry imports to Estonia, together accounting for X% of total imports.
From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest cherry and sour cherry suppliers to Estonia were Latvia ($X), Greece ($X) and Spain ($X), together accounting for X% of total imports.
Among the main suppliers, Greece, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 and sour cherry import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Latvia ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for cherry and sour cherry in Estonia. 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:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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