India: Imports of Australian cherries increase

Published Apr 1, 2024

Tridge summary

Cherry Growers Australia (CGA) has reported a significant 43% increase in cherry exports for the 2023-2024 season, with Tasmania being the leading exporter. Despite this impressive growth, export levels have yet to reach the figures seen before the pandemic. The primary markets for Australian cherries include Hong Kong and China, with Australia dominating in regions such as Hong Kong, Singapore, Malaysia, and Indonesia. The Australia-India Economic and Trade Cooperation Agreement (ECTA), signed in April 2022, has facilitated the entry of Australian cherries into the Indian market, following the successful export of Australian macadamia nuts. The Australian Trade and Investment Commission has observed a notable increase in macadamia nut exports to countries like China, Japan, Korea, Vietnam, and the United States. CGA's new president, Alison Jones, has introduced an export manual for members, and the Global Cherry Summit is set to take place on April 25, highlighting the industry's proactive steps towards expanding its global footprint.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

All states in Australia saw an increase in cherry export volume compared to the previous season, according to a briefing event held by Cherry Growers Australia (CGA). The export organization also highlighted the promise of Australian cherries in the Indian market. Director Wayne Prowse welcomed the increase in exports this season, but clarified that numbers had not yet reached the level they were before the pandemic. “The country experienced a 43% increase in exports this 2023-2024 season,” Prowse said. “While 43% is exciting growth and the last two years haven't been the best as you all know, breaking 4,000 tonnes was good. But we are not yet experiencing the long-term growth [necessary] to get back to where the market was around 2017 to 2020.” Tasmania accounted for 54% of total cherry exports with 2,207 tonnes, followed by Victoria with 1,449 tonnes and a 35% share. Third, New South Wales saw a 136% increase, but still only accounts for 7% of the overall crop. Hong Kong and ...
Source: MXfruit
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