Report U.S. - Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Dec 31, 2022

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

Single report
Sent by email within 24h (Mon-Fri)

U.S.: Sour Cherry Market 2022

Sour Cherry Market Size in the U.S.

After two years of decline, the U.S. sour cherry market increased by 28% to $X in 2021. Overall, consumption saw resilient growth. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Sour Cherry Production in the U.S.

In value terms, sour cherry production skyrocketed to $X in 2021. Overall, production enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of 343%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

The average yield of sour cherries in the United States surged to X tons per ha in 2021, picking up by 39% on 2020 figures. Overall, the yield continues to indicate prominent growth. The most prominent rate of growth was recorded in 2013 when the yield increased by 238%. Over the period under review, the average sour cherry yield attained the maximum level at X tons per ha in 2016; however, from 2017 to 2021, the yield remained at a 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, approx. X ha of sour cherries were harvested in the United States; with an increase of 3.5% against 2020 figures. Over the period under review, the harvested area, however, showed a slight slump. The sour cherry harvested area peaked at X ha in 2013; however, from 2014 to 2021, the harvested area remained at a lower figure.

Sour Cherry Exports

Exports from the U.S.

In 2021, exports of sour cherries from the United States declined to X tons, with a decrease of -7.6% against the previous year. Over the period under review, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2014 when exports increased by 346%. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, sour cherry exports declined dramatically to $X in 2021. Overall, exports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2014 when exports increased by 383%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

South Korea (X tons) was the main destination for sour cherry exports from the United States, accounting for a 33% share of total exports. Moreover, sour cherry exports to South Korea exceeded the volume sent to the second major destination, Japan (X tons), twofold. China (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to South Korea amounted to +34.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+33.5% per year) and China (+41.5% per year).

In value terms, the largest markets for sour cherry exported from the United States were South Korea ($X), Japan ($X) and China ($X), with a combined 64% share of total exports. Vietnam, Australia, Taiwan (Chinese), Mexico, Canada and the UK lagged somewhat behind, together accounting for a further 23%.

Vietnam, with a CAGR of +72.1%, recorded the highest growth rate of the value of exports, among 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 sour cherry export price amounted to $X per ton, shrinking by -13.8% against the previous year. Over the last nine years, it increased at an average annual rate of +4.4%. The most prominent rate of growth was recorded in 2020 an increase of 29%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Vietnam ($X per ton), while the average price for exports to Canada ($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 Vietnam (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Sour Cherry Imports

Imports into the U.S.

In 2021, approx. X tons of sour cherries were imported into the United States; dropping by -91.2% compared with 2020. Over the period under review, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by 1,708% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, sour cherry imports contracted rapidly to $X in 2021. In general, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 2,759%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Canada (X tons) was the main supplier of sour cherry to the United States, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Canada stood at -12.9%.

In value terms, Canada ($X) constituted the largest supplier of sour cherry to the United States.

From 2012 to 2021, the average annual rate of growth in terms of value from Canada totaled +5.4%.

Import Prices by Country

In 2021, the average sour cherry import price amounted to $X per ton, jumping by 299% against the previous year. Over the period under review, the import price posted noticeable growth. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to +21.0% per year.

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 sour cherries in the world?
+
The countries with the highest volumes of consumption in 2021 were Russia, Turkey and Ukraine, with a combined 42% share of global consumption. Poland, Iran, Serbia, the United States, Uzbekistan, Hungary, Azerbaijan, Belarus and Romania lagged somewhat behind, together comprising a further 47%.
What are the largest producers of sour cherries in the world?
+
The countries with the highest volumes of production in 2021 were Russia, Turkey and Ukraine, together comprising 42% of global production. Poland, Iran, Serbia, the United States, Uzbekistan, Hungary, Azerbaijan, Belarus and Romania lagged somewhat behind, together comprising a further 49%.
What are the leading suppliers of sour cherries to the U.S.?
+
In value terms, Canada constituted the largest supplier of sour cherry to the United States.
What are the leading importers of sour cherries from the U.S.?
+
In value terms, the largest markets for sour cherry exported from the United States were South Korea, Japan and China, together accounting for 64% of total exports. These countries were followed by Vietnam, Australia, Taiwan Chinese), Mexico, Canada and the UK, which together accounted for a further 23%.
What is the average export price for sour cherries in the U.S.?
+
In 2021, the average sour cherry export price amounted to $6,449 per ton, waning by -13.8% against the previous year.
What is the average import price for sour cherries in the U.S.?
+
In 2021, the average sour cherry import price amounted to $4,419 per ton, picking up by 299% against the previous year.

This report provides an in-depth analysis of the sour cherry market 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
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
Webinar: Decarbonisation and Your Business Strategy - Zero Net Carbon Buildings

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 22nd, 2022 @ 04:00 pm ET

Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 8th, 2022 @ 04:00 pm ET

Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET