The forecast for fresh cherries supply in Canada shows a gradual decline from 2024 to 2028. In 2023, the supply stood at 47.19 thousand metric tons. Year-on-year, the forecasted supply decreases by 1.85% in 2025, 1.60% in 2026, 1.39% in 2027, and 1.20% in 2028. This declining trend indicates a continued decrease in supply over the years. The compound annual growth rate (CAGR) over the five-year forecast period from 2024 to 2028 is negative, reflecting an average decrease in supply.

Future trends to watch for:

Impact of climate change on cherry production yields.
Advancements in agricultural technology that may improve productivity.
Potential changes in domestic and international trade policies affecting import/export dynamics.
Consumer demand shifts towards more sustainable and locally-sourced produce.