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The global sour cherry market is expected to see continued growth over the next seven years, driven by increasing demand. Market performance is projected to accelerate with a forecasted CAGR of +2.1% in volume and +4.3% in value from 2023 to 2030, reaching a volume of 1.8M tons and a value of $2.7B by the end of 2030.
During the period analyzed, exports of Sour Cherry peaked at 12K tons in 2015, but saw a slight decrease in the following years. In terms of value, sour cherry exports decreased modestly to $3.6M in 2023.
Between 2015 and 2023, the increase in imports of Sour Cherry stayed at a slightly reduced rate. The monetary value of Sour Cherry imports was $581K in 2023.
Sour Cherry imports peaked at 35K tons in 2013, but remained lower from 2014 to 2023. The value of imports significantly decreased to $9M in 2023.
During the period analyzed, Sour Cherry imports peaked at 35K tons in 2013 but decreased significantly to $9M in 2023.
In June 2023, the price of Sour Cherry reached $4,848 per ton (FOB, Spain), showing a 4.6% increase compared to the previous month.
Global sour cherry consumption amounted to X thousand tons in 2015, flattening at the previous year level.
In 2015, the countries with the highest levels of production were Russia (X thousand tons), the United States (X thousand tons), Ukraine (X thousand tons), together accounting for X% of total output.
Spain dominates in the global sour cherry trade. In 2014, Spain exported X thousand tons of sour cherry totaling X million USD, X% over the previous year. Its primary trading partner was the United Kingdom, where it supplied X% of its total sour c