All the news for Markets

Positive start to the Australian season, but watch out for El Niño

Markets Press review

18 Oct 2023

The Bureau has declared the El Nino phenomenon in Australia, which leads to warmer and drier conditions during the spring and summer. If these conditions are forecast until early next year, this could lead to a delayed start to the wet season in the north.

German cherry crop down 16% to 6,100 tonnes, sour cherry volumes decreased as well

Markets Press review

03 Oct 2023

Compared to the above-average result for 2022 of 48,700 tonnes, this is about 8,500 tonnes or 17.5% fewer cherries. Compared to the average of 47,100 tonnes for the years 2013 to 2022, this year's harvest was 14.7% lower.

Cherries from Australia between domestic Christmas opportunities and new Asian markets

Markets

29 Sep 2023

The Cherry Growers Australia producer association revealed marketing strategies to win over the Australian consumer, new overseas markets to target, and challenges to be faced during the coming season.

Retail prices for cherries in Switzerland are up 18% compared to last year

Markets Press review

15 Sep 2023

In July, organic cherries achieved an average price of CHF 17.45/kg in the traditional retail trade (excl. discounters). Overall volumes increased steadily since 2021.

IX International Cherry Symposium: with 230 thousand hectares dedicated to sweet cherry cultivation, China is investing in its own future

Consumption Events Markets Varieties

08 Sep 2023

Considering the economic importance that cherry cultivation is gaining in China, the breeding sector is also actively working to release new cultivars. National institutions are collaborating to achieve this goal, with 60 new cultivars released and 300 selections under study.

A report on the 2022-23 season shows an early season, nice sizes and good average prices

Markets

01 Sep 2023

The Chilean company CyD Asesoría Agrícola compiled a report on the 2022-2023 season. This data was analysed by several exporters to better understand price fluctuations, providing management tools for producers to refine their profitability.

Cherry crop increases in Türkiye while export tops 75.000 tons in 2023

Consumption Markets Production

30 Aug 2023

The total cherry production forecast in Türkiye in Marketing Year 2023/24 is 900,000 metric tons, which is 8% higher than MY 2022/23, due to favorable weather and soil conditions. As of early August 2023, cherry exports have reached 75,000 MT, on track to surpass the previous MY.

In Japan 50% of all cherries are sold for gifting purposes

Markets

25 Aug 2023

Cherry production in Japan is increasing due to improved weather conditions, while imports vary each year depending on tariff and market conditions. About half of locally produced cherries are sold for gift-giving.

Chilean leadership in the export market: from 2022 cherries are the main produce of the Chilean offer

Markets

23 Aug 2023

ProChile released its "Export Leadership Chile 2022" report, . This report delves into the performance exports and where it has maintained its leadership. In 2022, Chile exported goods worth $43.47 billion, a notable 14.9% increase compared to the previous year.

Cherries rank in the top 5 in US retail sales in July 2023 with +25% volume growth

Markets

21 Aug 2023

Cherries ranked in the top five in U.S. sales in July 2023 with US$261 million in sales, representing an average monthly expenditure of US$1.99 per household. Cherries ranked first in June for absolute growth in value sales.