Australia's cherries export is forecasted to steadily increase from 4.79 thousand metric tons in 2024 to 5.45 thousand metric tons by 2028.
In 2023, the cherries export stood at 4.63 thousand metric tons. The year-on-year variations are as follows:
- 2024: 3.46%
- 2025: 3.55%
- 2026: 3.23%
- 2027: 3.11%
- 2028: 3.22%
The compound annual growth rate (CAGR) over this five-year period is approximately 3.31%, exhibiting a consistent upward trend in cherry exports.
Future trends to watch for include potential fluctuations in global demand, the impact of international trade policies, climate change affecting crop yields, and advancements in agricultural technology that could further boost production and export capacity.
