The production of sour cherries in the US has seen fluctuations over the past decade. In 2023, production stood at 125.58 thousand metric tons, a 0.42% increase from 2022. In terms of the year-on-year variation over the last two years, 2022 saw a 0.43% increase while 2021 observed a 5.73% increase. Looking at the compound annual growth rate (CAGR) over the past five years (heading into 2023), we see a reduction of -1.48%. Going forward, the forecast for the next five years suggests a slight growth with an average annual increase of 0.34% and an overall 5-year growth rate of 1.71%.
Future trends to watch for include potential impacts of climate change, which may affect crop yields, and technological advancements in agriculture that could improve production efficiency. Additionally, shifts in consumer preferences and international trade dynamics may also influence the sour cherry market.
