Sour Cherry Market in the United States
Market Overview
In 
, after two years of decline, there was significant growth in the U.S. sour cherry market, when its value increased by % to $. In general, consumption posted prominent growth. Sour cherry consumption peaked at $ in 2018; however, from 2019 to , consumption failed to regain momentum.
In value terms, sour cherry production surged to $ in . Over the period under review, production saw prominent growth. The pace of growth was the most pronounced in 2013 with an increase of %. Sour cherry production peaked at $ in 2018; however, from 2019 to , production remained at a lower figure.
The average yield of sour cherries in the United States skyrocketed to tonnes per ha in , jumping by % against the previous year's figure. Over the period under review, the yield saw a remarkable increase. The pace of growth appeared the most rapid in 2013 when the yield increased by %. Over the period under review, the average sour cherry yield reached the maximum level at tonnes per ha in 2016; however, from 2017 to , the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In, approx. ha of sour cherries were harvested in the United States; remaining stable against the year before. In general, the harvested area recorded a mild descent. The pace of growth was the most pronounced in 2013 when the harvested area increased by % against the previous year. As a result, the harvested area reached the peak level of ha. From 2014 to , the growth of the sour cherry harvested area remained at a lower figure.
, after two years of decline, there was significant growth in the U.S. sour cherry market, when its value increased by % to $. In general, consumption posted prominent growth. Sour cherry consumption peaked at $ in 2018; however, from 2019 to , consumption failed to regain momentum.In value terms, sour cherry production surged to $
in . Over the period under review, production saw prominent growth. The pace of growth was the most pronounced in 2013 with an increase of %. Sour cherry production peaked at $ in 2018; however, from 2019 to , production remained at a lower figure.The average yield of sour cherries in the United States skyrocketed to
tonnes per ha in , jumping by % against the previous year's figure. Over the period under review, the yield saw a remarkable increase. The pace of growth appeared the most rapid in 2013 when the yield increased by %. Over the period under review, the average sour cherry yield reached the maximum level at tonnes per ha in 2016; however, from 2017 to , the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.In
, approx. ha of sour cherries were harvested in the United States; remaining stable against the year before. In general, the harvested area recorded a mild descent. The pace of growth was the most pronounced in 2013 when the harvested area increased by % against the previous year. As a result, the harvested area reached the peak level of ha. From 2014 to , the growth of the sour cherry harvested area remained at a lower figure.Consumption
In , after two years of decline, there was significant growth in consumption of sour cherries, when its volume increased by % to tonnes. Overall, consumption posted a prominent increase. Over the period under review, consumption reached the maximum volume at tonnes in 2016; however, from 2017 to , consumption failed to regain momentum.
The size of the sour cherry market in the United States surged to $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a resilient increase. Over the period under review, the market reached the maximum level at $ in 2018; however, from 2019 to , consumption remained at a lower figure.
, after two years of decline, there was significant growth in consumption of sour cherries, when its volume increased by % to tonnes. Overall, consumption posted a prominent increase. Over the period under review, consumption reached the maximum volume at tonnes in 2016; however, from 2017 to , consumption failed to regain momentum.The size of the sour cherry market in the United States surged to $
in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a resilient increase. Over the period under review, the market reached the maximum level at $ in 2018; however, from 2019 to , consumption remained at a lower figure.Market Forecast
The sour cherry market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the nine-year period from to , which is projected to depress the market volume to tonnes by the end of .
% for the nine-year period from to , which is projected to depress the market volume to tonnes by the end of .Market Structure
Over the period under review, imports of sour cherry in the United States were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for sour cherry.
Trade Balance
This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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