Northern America: Market for Cherries and Sour Cherries 2022

Market Size for Cherries and Sour Cherries in Northern America

The North American cherry and sour cherry market reduced modestly to $X in 2021, approximately reflecting the previous year. The market value increased at an average annual rate of +X% from 2007 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Production of Cherries and Sour Cherries in Northern America

In value terms, cherry and sour cherry production contracted to $X in 2021 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

The country with the largest volume of cherry and sour cherry production was the United States (X tonnes), comprising approx. X% of total volume. Moreover, cherry and sour cherry production in the United States exceeded the figures recorded by the second-largest producer, Canada (X tonnes), more than tenfold.

In the United States, cherry and sour cherry production remained relatively stable over the period from 2007-2021.

In 2021, the average cherry and sour cherry yield in Northern America expanded significantly to X tonnes per ha, with an increase of X% compared with 2020 figures. Overall, the yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. As a result, the yield reached the peak level of X tonnes per ha. From 2010 to 2021, the growth of the cherry and sour cherry yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the harvested area of cherries and sour cherries in Northern America amounted to X ha, approximately mirroring 2020. In general, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. As a result, the harvested area reached the peak level of X ha. From 2014 to 2021, the growth of the cherry and sour cherry harvested area failed to regain momentum.

Production By Country in Northern America

The country with the largest volume of cherry and sour cherry production was the United States (X tonnes), comprising approx. X% of total volume. Moreover, cherry and sour cherry production in the United States exceeded the figures recorded by the second-largest producer, Canada (X tonnes), more than tenfold.

In the United States, cherry and sour cherry production remained relatively stable over the period from 2007-2021.

Exports of Cherries and Sour Cherries

Exports in Northern America

In 2021, after three years of decline, there was significant growth in overseas shipments of cherries and sour cherries, when their volume increased by X% to X tonnes. Total exports indicated tangible growth from 2007 to 2021: its volume increased at an average annual rate of +X% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2017 when exports increased by X% year-to-year. As a result, the exports reached the peak of X tonnes. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, cherry and sour cherry exports totaled $X in 2021. Total exports indicated a perceptible expansion from 2007 to 2021: its value increased at an average annual rate of +X% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2017 when exports increased by X% year-to-year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States represented the largest exporter of cherries and sour cherries in Northern America, with the volume of exports recording X tonnes, which was approx. X% of total exports in 2021. It was distantly followed by Canada (X tonnes), generating an X% share of total exports.

From 2007 to 2021, average annual rates of growth with regard to cherry and sour cherry exports from the United States stood at +X%. At the same time, Canada (+X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +X% from 2007-2021. percentage points. the United States (-X p.p.) saw their shares reduced.

In value terms, the United States ($X) remains the largest cherry and sour cherry supplier in Northern America, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2007 to 2021, the average annual rate of growth in terms of value in the United States stood at +X%.

Export Prices by Country

The cherry and sour cherry export price in Northern America stood at $X per tonne in 2021, shrinking by -X% against the previous year. Over the period from 2007 to 2021, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2020 when the export price increased by X% year-to-year. As a result, the export price attained the peak level of $X per tonne, and then contracted remarkably in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Canada ($X per tonne), while the United States totaled $X per tonne.

From 2007 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+X%).

Imports of Cherries and Sour Cherries

Imports in Northern America

In 2021, supplies from abroad of cherries and sour cherries increased by X% to X tonnes for the first time since 2017, thus ending a three-year declining trend. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the maximum at X tonnes in 2011; however, from 2012 to 2021, imports failed to regain momentum.

In value terms, cherry and sour cherry imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +X% from 2007 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. The level of import peaked in 2021 and is likely to see steady growth in the near future.

Imports by Country

In 2021, Canada (X tonnes) was the key importer of cherries and sour cherries, achieving X% of total imports. It was distantly followed by the United States (X tonnes), mixing up a X% share of total imports.

From 2007 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Canada (+X value terms, the largest cherry and sour cherry importing markets in Northern America were Canada ($X) and the United States ($X the main importing countries, the United States, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2021, the cherry and sour cherry import price in Northern America amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period from 2007 to 2021, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The level of import peaked at $X per tonne in 2020, and then declined in the following year.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per tonne), while Canada stood at $X per tonne.

From 2007 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%).

Source: IndexBox Platform