"Caribbean" region includes following countries:
Earlier Report Observations
The Caribbean cherry market volume grew from 5.4 thousand t in 2018 to 10.1 thousand t in 2023, driven primarily by a near-doubling of local production. This expansion began with Spanish companies enhancing high-quality cherry cultivation and exporting to the region, while global trade patterns were influenced by rising Chinese imports and cooperation with Central Asian suppliers.
A temporary contraction in 2020 and 2021 saw market volume fall, coinciding with unfavorable weather events in key global producing regions such as heavy rains in Spain and pollination issues in North America. Simultaneously, phytosanitary and climatic difficulties in France led to a sharp drop in its output, affecting worldwide supply dynamics.
Production rebounded strongly from 2022, supported by phytosanitary derogations issued to aid the sector and the launch of variety evaluation programs aimed at cultivation innovation. The market also adapted to broader shifts, including the China-US trade war diversifying global import flows and the entry of new late-season varieties influencing volumes and prices.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Caribbean
- 5.1.1. Annual dynamics of production in Caribbean in kind, 2018-2023, t
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Caribbean
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Antigua and Barbuda in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Antigua and Barbuda by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Antigua and Barbuda in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Antigua and Barbuda by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Antigua and Barbuda, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Antigua and Barbuda by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Antigua and Barbuda in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Antigua and Barbuda by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Antigua and Barbuda in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Antigua and Barbuda by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Antigua and Barbuda, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Antigua and Barbuda by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Antigua and Barbuda in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Antigua and Barbuda by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Antigua and Barbuda in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Antigua and Barbuda by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Antigua and Barbuda, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Antigua and Barbuda by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Antigua and Barbuda in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Antigua and Barbuda by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Antigua and Barbuda in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Antigua and Barbuda by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Antigua and Barbuda, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Antigua and Barbuda by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production cherries in Caribbean
In kind, 2017-2020, t
Top producers of cherries, 2017-2020
World map of production of cherries, 2017-2020
Caribbean's cherry production volume declined after two consecutive years of growth. In 2020, production reached 5 453 tonnes, marking a moderate year-over-year decrease of 9.3%. Over the 2017-2020 period, production increased by 33.5%, with a compound annual growth rate of 10.1%. The highest production level was recorded in 2019 at 6 010 tonnes, which also saw the largest annual increase of 31.3%.
Annual dynamics of production in Caribbean in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 12.0% | 31.3% | (9.3%) | 10.1% |
Exports cherries from Caribbean
Exports in kind, t
The data reveals irregular changes, indicating a volatile market environment. Exports bottomed in 2017 and peaked in 2019, with a 36-fold difference between these years. In 2020, Caribbean's cherry exports amounted to 1 tonne, showing a steep decrease of 58.9% compared to 2019. The maximum export volume was recorded in 2019 at 2 tonnes, which also experienced the largest annual increase of 702.2%.
Annual dynamics of product's exports from Caribbean in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 344.5% | 702.2% | (58.9%) | 144.7% |
During 2017-2020, the United States (47.1% of exports in kind), Bunkers (5.1% of exports in kind), and Germany (0.7% of exports in kind) remained the main buyers of Caribbean cherries, collectively accounting for 53.0% of total exports in kind.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Caribbean in kind, 2017-2020
Exports in value, K $ US
The market showed signs of volatility over the observed period. Export values dropped to their minimum in 2017 and climbed to their maximum in 2019, representing a 16-fold shift. In 2020, cross-border shipments of Caribbean cherries came to 3 thousand US dollars, constituting a reduction of 34.3% versus the previous year. The maximum value was recorded in 2019 at 5 thousand US dollars, while the largest annual increase occurred in 2018 at 631.1%.
Annual dynamics of product's exports from Caribbean in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 631.1% | 120.4% | (34.3%) | 119.6% |
In 2017-2020, the United States and Bunkers led the ranking of buyers of Caribbean cherries, with a combined share of 35.0% of total exports in value terms.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Caribbean in value, 2017-2020
Imports cherries to Caribbean
Imports in kind, t
Caribbean's cherry import volume declined after two years of growth. In 2020, imports amounted to 986 tonnes, representing a gradual drop of 4.2% from the previous year. Over the 2017-2020 period, imports increased by 58.4%, with a compound annual growth rate of 16.6%. The maximum import volume was recorded in 2019 at 1 030 tonnes, while the largest annual increase occurred in 2018 at 29.9%.
Annual dynamics of product's imports to Caribbean in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 29.9% | 27.2% | (4.2%) | 16.6% |
During 2017-2020, the United States played a leading role in cherry imports to the Caribbean, accounting for 88.4% of total import flows in kind, with the remainder distributed across other trading partners.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Caribbean in kind, 2017-2020
Imports in value, K $ US
After a two-year uptick, Caribbean's cherry import volume declined. In 2020, the Caribbean imported a total of 2 724 thousand US dollars worth of cherries, equivalent to a reduction of 10.7% compared to 2019. Over the 2017-2020 period, imports increased by 31.9%, with a compound annual growth rate of 9.7%. The maximum import value was recorded in 2019 at 3 052 thousand US dollars, while the largest annual increase occurred in 2018 at 36.8%.
Annual dynamics of product's imports to Caribbean in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 36.8% | 8.1% | (10.7%) | 9.7% |
In 2017-2020, the United States and Chile clearly led the country ranking for cherry imports in value terms, with their combined share reaching 98.9% of total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Caribbean in value, 2017-2020
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