Canada - Cherries and Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights
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Canada - Cherries and Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights

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Nov 1, 2023

Imports of Cherry and Sour Cherry in Canada Surge to $66M in June 2023

Canada Cherry and Sour Cherry Imports

In June 2023, supplies from abroad of cherries and sour cherries increased by 495% to 14K tons, rising for the second consecutive month after three months of decline. Over the period under review, imports saw a strong expansion. The most prominent rate of growth was recorded in May 2023 with an increase of 162,388% m-o-m. Over the period under review, imports hit record highs in June 2023.

In value terms, cherry and sour cherry imports skyrocketed to $66M (IndexBox estimates) in June 2023. Overall, imports recorded a prominent increase. The most prominent rate of growth was recorded in May 2023 when imports increased by 179,836% m-o-m. Over the period under review, imports hit record highs in June 2023.Canada Cherry and Sour Cherry Imports By Country (Million USD)

COUNTRYImport Value of Cherry and Sour Cherry in Canada (million USD)
Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023
United States23.757.77.80.2< 0.1< 0.1< 0.1< 0.1< 0.1< 0.1< 0.118.565.5
ChileN/AN/AN/AN/AN/A0.93.46.20.7N/AN/AN/A< 0.1
Others0.2< 0.1< 0.1N/AN/A< 0.10.30.4< 0.1< 0.1< 0.10.1< 0.1
Total23.957.77.80.2< 0.10.93.76.70.7< 0.1< 0.118.665.6

Imports by Country

In June 2023, the United States (14K tons) was the main supplier of cherry and sour cherry to Canada, with a 100% share of total imports. It was followed by Chile (7.5 tons), with a 0.1% share of total imports.

From June 2022 to June 2023, the average monthly rate of growth in terms of volume from the United States stood at +15.4%.

In value terms, the United States ($66M) constituted the largest supplier of cherry and sour cherry to Canada, comprising 100% of total imports. The second position in the ranking was taken by Chile ($45K), with a 0.1% share of total imports.

From June 2022 to June 2023, the average monthly growth rate of value from the United States totaled +8.8%.

Import Prices by Country

In June 2023, the cherry and sour cherry price stood at $4,635 per ton (CIF, Canada), reducing by -40.7% against the previous month. Overall, the import price showed a abrupt slump. The most prominent rate of growth was recorded in March 2023 an increase of 71% m-o-m. Over the period under review, average import prices hit record highs at $10,804 per ton in November 2022; however, from December 2022 to June 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Chile ($5,937 per ton), while the price for the United States stood at $4,636 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (-5.7%).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for cherry and sour cherry in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 530 - Sour cherries
  • FCL 531 - Cherries

Country coverage:

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Canada
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND THE AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and its Prospects

      1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      5. MARKET FORECAST TO 2035
    4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

      Finding New Products to Diversify Your Business

      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCTS
      4. MOST TRADED PRODUCTS
      5. MOST PROFITABLE PRODUCTS FOR EXPORTS
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. COUNTRIES WITH TOP YIELDS
      4. TOP EXPORTING COUNTRIES
      5. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Export

      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
      3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
      3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

    11. LIST OF TABLES

      1. Key Findings In 2024
      2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
      4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
      5. Imports, In Physical Terms, By Country, 2012-2024
      6. Imports, In Value Terms, By Country, 2012-2024
      7. Import Prices, By Country, 2012-2024
      8. Exports, In Physical Terms, By Country, 2012-2024
      9. Exports, In Value Terms, By Country, 2012-2024
      10. Exports Prices, By Country, 2012-2024
    12. LIST OF FIGURES

      1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
      3. Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      4. Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      5. Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      6. Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
      8. Market Volume Forecast to 2035
      9. Market Value Forecast to 2035
      10. Market Size and Growth, by Product
      11. Average Per Capita Consumption, by Product
      12. Exports and Growth, by Product
      13. Export Prices and Growth, by Product
      14. Production Volume and Growth
      15. Yield and Growth
      16. Exports and Growth
      17. Export Prices and Growth
      18. Market Size and Growth
      19. Per Capita Consumption
      20. Imports and Growth
      21. Import Prices
      22. Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      23. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      24. Harvested Area: Historical Data (2012–2024) and Forecast (2025–2035)
      25. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
      26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      28. Imports, in Physical Terms, by Country, 2024
      29. Imports, in Physical Terms, by Country, 2012-2024
      30. Imports, in Value Terms, by Country, 2012-2024
      31. Import Prices, by Country, 2012-2024
      32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      34. Exports, in Physical Terms, by Country, 2024
      35. Exports, in Physical Terms, by Country, 2012-2024
      36. Exports, in Value Terms, by Country, 2012-2024
      37. Export Prices, by Country, 2012-2024

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