In 2023, Canada's sour cherry production was recorded at 2.51 thousand metric tons. The projection for 2024 maintains this level, but a downward trend is evident in the following years, with production decreasing by 7.57% by 2025, 7.76% by 2026, 8.88% by 2027, and finally falling to 1.77 thousand metric tons in 2028. The compounded annual growth rate (CAGR) over the period from 2024 to 2028 indicates an average decrease of approximately 7.21% per year.
Future trends to watch for in the sour cherry market include:
- Adverse climatic conditions and their effect on yield.
- Potential shifts in consumer preferences towards sour cherries or alternative fruits.
- Technological advancements in agricultural practices that could improve productivity.
- The impact of domestic and international trade policies on sour cherry exports.