The import of prepared or preserved cherries to Germany experienced a substantial decline between 2013 and 2016, reflecting a significant decrease in value. From 2017 onwards, the market showed signs of stabilization with moderate fluctuations. By 2023, the value of imports stood at 87.324 million USD, highlighting a consistent but small annual decline. The year-on-year variation over the last two years was -0.45%, while the CAGR over the last 5 years averaged -0.89%. Looking ahead, the forecast suggests a continued but gradual decrease, with the forecasted 5-year CAGR at -0.38% by 2028.
Future trends to watch for:
- Changes in consumer preferences and demand for prepared or preserved cherries.
- Trade policies and import regulations affecting Germany's import practices.
- Economic factors such as currency fluctuations and global cherry production levels.
- Potential advancements in preservation technology and supply chain efficiencies
