U.S.: Sour Cherry Market 2024

Sour Cherry Market Size in the U.S.

The U.S. sour cherry market declined to $X in 2022, which is down by X% against the previous year. In general, consumption, however, saw a remarkable increase. Sour cherry consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Sour Cherry Production in the U.S.

In value terms, sour cherry production contracted to $X in 2022. In general, production, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2013 with an increase of X%. Sour cherry production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

In 2022, the average sour cherry yield in the United States shrank to X tons per ha, waning by X% on 2021 figures. Over the period under review, the yield, however, continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2013 when the yield increased by X% against the previous year. Over the period under review, the average sour cherry yield hit record highs at X tons per ha in 2016; however, from 2017 to 2022, 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 2022, the harvested area of sour cherries in the United States shrank modestly to X ha, which is down by X% against the previous year's figure. In general, the harvested area recorded a slight contraction. The pace of growth was the most pronounced in 2021 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to sour cherry production attained the maximum at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.

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Sour Cherry Exports

Exports from the U.S.

In 2022, approx. X tons of sour cherries were exported from the United States; declining by X% compared with the previous year's figure. In general, exports, however, recorded a mild expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, sour cherry exports contracted rapidly to $X in 2022. Over the period under review, exports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Korea (X tons), Japan (X tons) and Vietnam (X tons) were the main destinations of sour cherry exports from the United States, together accounting for X% of total exports. Canada, China, Mexico, Thailand, Singapore, Taiwan (Chinese), Trinidad and Tobago, the UK, Malaysia and Australia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Trinidad and Tobago (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

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

Trinidad and Tobago, with a CAGR of X%, recorded 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

The average sour cherry export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Trinidad and Tobago ($X per ton), while the average price for exports to Canada ($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 Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sour Cherry Imports

Imports into the U.S.

In 2022, overseas purchases of sour cherries were finally on the rise to reach X tons after three years of decline. Over the period under review, imports, however, saw a sharp downturn. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, sour cherry imports surged to $X in 2022. Overall, imports, however, faced a precipitous decline. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

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

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to X%.

In value terms, Turkey ($X) and Chile ($X) were the largest sour cherry suppliers to the United States.

Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average sour cherry import price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the import price showed a mild decrease. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while the price for Turkey stood at $X per ton.

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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