Report U.S. - Cherries and Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 15, 2023

U.S. - Cherries and Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights

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U.S.: Market for Cherries and Sour Cherries 2023

Market Size for Cherries and Sour Cherries in the U.S.

In 2021, the U.S. cherry and sour cherry market increased by 0.8% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of +2.8% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Cherry and sour cherry consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Production of Cherries and Sour Cherries in the U.S.

In value terms, cherry and sour cherry production declined to $X in 2021. The total output value increased at an average annual rate of +2.6% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 27% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

The average yield of cherries and sour cherries in the United States rose notably to X tons per ha in 2021, increasing by 9.9% against 2020. In general, the yield, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 11%. As a result, the yield reached the peak level of X tons per ha. From 2018 to 2021, the growth of the average 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.

The cherry and sour cherry harvested area in the United States amounted to X ha in 2021, remaining stable against the year before. In general, the harvested area, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the harvested area increased by 3.7%. As a result, the harvested area attained the peak level of X ha. From 2014 to 2021, the growth of the cherry and sour cherry harvested area remained at a lower figure.

Exports of Cherries and Sour Cherries

Exports from the U.S.

In 2021, overseas shipments of cherries and sour cherries increased by 15% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a noticeable contraction. The pace of growth was the most pronounced in 2017 with an increase of 47% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, cherry and sour cherry exports contracted modestly to $X in 2021. In general, exports, however, saw a mild descent. The most prominent rate of growth was recorded in 2017 when exports increased by 35%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for cherry and sour cherry exports from the United States, with a 40% share of total exports. Moreover, cherry and sour cherry exports to Canada exceeded the volume sent to the second major destination, South Korea (X tons), twofold. The third position in this ranking was taken by China (X tons), with a 9.8% share.

From 2012 to 2021, the average annual growth rate of volume to Canada stood at -2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+0.8% per year) and China (-0.5% per year).

In value terms, the largest markets for cherry and sour cherry exported from the United States were Canada ($X), South Korea ($X) and China ($X), with a combined 66% share of total exports. These countries were followed by Japan, Taiwan (Chinese), Mexico, Hong Kong SAR and Australia, which together accounted for a further 28%.

Mexico, with a CAGR of +16.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average cherry and sour cherry export price amounted to $X per ton, waning by -17.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2020 an increase of 28%. As a result, the export price reached the peak level of $X per ton, and then declined dramatically in the following year.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was South Korea ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cherries and Sour Cherries

Imports into the U.S.

In 2021, purchases abroad of cherries and sour cherries was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cherry and sour cherry imports soared to $X in 2021. In general, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 49%. Imports peaked in 2021 and are likely to see steady growth in years to come.

Imports by Country

Chile (X tons), Canada (X tons) and Argentina (X tons) were the main suppliers of cherry and sour cherry imports to the United States, together accounting for 96% of total imports.

From 2012 to 2021, the biggest increases were in Argentina (with a CAGR of +17.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Chile ($X), Canada ($X) and Argentina ($X) constituted the largest cherry and sour cherry suppliers to the United States, together comprising 97% of total imports.

Canada, with a CAGR of +27.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average cherry and sour cherry import price amounted to $X per ton, falling by -11.7% against the previous year. Over the last nine years, it increased at an average annual rate of +4.4%. The growth pace was the most rapid in 2013 when the average import price increased by 27%. The import price peaked at $X per ton in 2020, and then dropped in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Chile ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for cherries and sour cherries in the world?
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The country with the largest volume of cherry and sour cherry consumption was Turkey, accounting for 19% of total volume. Moreover, cherry and sour cherry consumption in Turkey exceeded the figures recorded by the second-largest consumer, Russia, twofold. The third position in this ranking was taken by China, with an 8.3% share.
What are the largest producers of cherries and sour cherries in the world?
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The country with the largest volume of cherry and sour cherry production was Turkey, comprising approx. 21% of total volume. Moreover, cherry and sour cherry production in Turkey exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was taken by Chile, with an 8.6% share.
What are the leading suppliers of cherries and sour cherries to the U.S.?
+
In value terms, the largest cherry and sour cherry suppliers to the United States were Chile, Canada and Argentina, together accounting for 97% of total imports.
What are the leading importers of cherries and sour cherries from the U.S.?
+
In value terms, the largest markets for cherry and sour cherry exported from the United States were Canada, South Korea and China, together accounting for 66% of total exports. These countries were followed by Japan, Taiwan Chinese), Mexico, Hong Kong SAR and Australia, which together accounted for a further 28%.
What is the average export price for cherries and sour cherries in the U.S.?
+
In 2021, the average cherry and sour cherry export price amounted to $6,222 per ton, which is down by -17.3% against the previous year.
What is the average import price for cherries and sour cherries in the U.S.?
+
In 2021, the average cherry and sour cherry import price amounted to $5,886 per ton, with a decrease of -11.7% against the previous year.

This report provides an in-depth analysis of the market for cherry and sour cherry in the U.S.. 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:
• United States

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Area Harvested, 2012–2022
Figure 24:
Yield, 2012–2022
Figure 25:
Imports, In Physical Terms, 2012–2022
Figure 26:
Imports, In Value Terms, 2012–2022
Figure 27:
Imports, In Physical Terms, By Country, 2022
Figure 28:
Imports, In Physical Terms, By Country, 2012–2022
Figure 29:
Imports, In Value Terms, By Country, 2012–2022
Figure 30:
Import Prices, By Country Of Origin, 2012–2022
Figure 31:
Exports, In Physical Terms, 2012–2022
Figure 32:
Exports, In Value Terms, 2012–2022
Figure 33:
Exports, In Physical Terms, By Country, 2022
Figure 34:
Exports, In Physical Terms, By Country, 2012–2022
Figure 35:
Exports, In Value Terms, By Country, 2012–2022
Figure 36:
Export Prices, By Country Of Destination, 2012–2022
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