U.S.: Market for Cherries and Sour Cherries 2024

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

In 2022, the U.S. cherry and sour cherry market increased by X% to $X, rising for the third year in a row after three years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Cherry and sour cherry consumption peaked at $X in 2016; afterwards, it flattened through to 2022.

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

In value terms, cherry and sour cherry production reached $X in 2022. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

The average yield of cherries and sour cherries in the United States reduced modestly to X tons per ha in 2022, which is down by X% on 2021. Overall, the yield saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, the yield reached the peak level of X tons per ha. From 2018 to 2022, 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.

In 2022, the total area harvested in terms of cherries and sour cherries production in the United States shrank slightly to X ha, therefore, remained relatively stable against the previous year's figure. In general, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the harvested area increased by X%. As a result, the harvested area reached the peak level of X ha. From 2014 to 2022, the growth of the cherry and sour cherry harvested area failed to regain momentum.

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Exports of Cherries and Sour Cherries

Exports from the U.S.

In 2022, exports of cherries and sour cherries from the United States shrank dramatically to X tons, falling by X% compared with 2021. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cherry and sour cherry exports reduced markedly to $X in 2022. In general, exports showed a noticeable contraction. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for cherry and sour cherry exports from the United States, with a X% 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), threefold. Taiwan (Chinese) (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Canada totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, Canada ($X) remains the key foreign market for cherries and sour cherries exports from the United States, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual growth rate of value to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The average cherry and sour cherry export price stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, 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 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), 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 2022, purchases abroad of cherries and sour cherries increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports posted resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, cherry and sour cherry imports surged to $X in 2022. In general, imports saw a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Chile (X tons) constituted the largest cherry and sour cherry supplier to the United States, accounting for a X% share of total imports. Moreover, cherry and sour cherry imports from Chile exceeded the figures recorded by the second-largest supplier, Canada (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume from Chile amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and Argentina (X% per year).

In value terms, Chile ($X), Canada ($X) and Argentina ($X) appeared to be the largest cherry and sour cherry suppliers to the United States, together accounting for X% of total imports.

Canada, with a CAGR of X%, recorded the highest growth rate of 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 2022, the average cherry and sour cherry import price amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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