Market research

Cherries market in South America

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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"South America" region includes following countries:

Argentina

Bolivia

Bouvet Island

Brazil

Chile

Colombia

Ecuador

Falkland Islands (Malvinas)

South Georgia and the South Sandwich Islands

French Guiana

Guyana

Paraguay

Peru

Suriname

Uruguay

Venezuela

Earlier Report Observations

The fresh cherry market volume in South America increased from 63.5 thousand tons in 2018 to 68.4 thousand tons in 2019, supported by expanded planted area and new varieties that raised production. Record exports to China, facilitated by industry associations, also characterized the period. Market volume then fell to 59.9 thousand tons in 2020.

From 2021, the market entered a phase of rapid expansion, reaching 119.8 thousand tons in 2023. This growth was directly driven by a large-scale increase in planted area, which reached over 76 thousand hectares, and sustained demand from China where cherries are seen as a status symbol. Diversification into other export markets like the United States and investments in quality control and logistics further supported the market's expansion.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in South America
  1. 5.1.1. Annual dynamics of production in South America in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's exports from Argentina in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's exports in kind from Argentina by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Argentina in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Argentina by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Argentina, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Argentina by countries, 2018-2024, $ US/kg
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's exports from Argentina in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's exports in kind from Argentina by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Argentina in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Argentina by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Argentina, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Argentina by countries, 2018-2024, $ US/kg
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's imports to Argentina in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's imports in kind to Argentina by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Argentina in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Argentina by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Argentina, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Argentina by countries, 2018-2024, $ US/kg
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's imports to Argentina in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's imports in kind to Argentina by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Argentina in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Argentina by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Argentina, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Argentina by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production cherries in South America

In kind, 2017-2020, K t

Top producers of cherries, 2017-2020

Source: SHEV.io

World map of production of cherries, 2017-2020

Source: SHEV.io

South America's cherry production has grown for the third year in a row. In 2020, the region produced 289.7 thousand tons of cherries, a modest increase of 2.1% from the previous year. Looking at the period from 2017 to 2020, production surged by 117.2%, with an average annual growth rate of 29.5%.

Annual dynamics of production in South America in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	81.1%	17.4%	2.1%	29.5%

Source: SHEV.io

In value, 2017-2020, M $ US

After two years of growth, South America's cherry production value declined. In 2020, the output was valued at 1 995 million US dollars, down 5.2% from the previous year. Between 2017 and 2020, however, production value rose by 105.3%, translating to an annualized rate of 27.1%. The peak value occurred in 2019 at 2 106 million US dollars, with the largest increase of 56.0% recorded in 2018.

Annual dynamics of production in South America in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	56.0%	38.9%	(5.2%)	27.1%

Source: SHEV.io

Exports cherries from South America

Exports in kind, K t

South America's cherry exports have increased for the third consecutive year. In 2020, exports reached 234.7 thousand tons, showing a gradual year-on-year gain of 6.7%. From 2017 to 2020, exports grew by 189.1%, with an average annual growth rate of 42.5%.

Annual dynamics of product's exports from South America in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	125.4%	20.3%	6.7%	42.5%

Source: SHEV.io

From 2017 to 2020, China dominated the export structure for cherries in volume terms, accounting for 86.0% of total flows, while other markets played a smaller role.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from South America in kind, 2017-2020

Source: SHEV.io

Exports in value, M $ US

The market exhibited volatility during these years. Exports hit their lowest point in 2017 and peaked in 2019, with a 2.8-fold difference between these years. In 2020, South America exported 1 617 million US dollars worth of cherries, a slight reduction of 1.0% from 2019. The highest value was recorded in 2019 at 1 633 million US dollars, with the largest increase of 94.1% occurring in 2018.

Annual dynamics of product's exports from South America in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	94.1%	42.2%	(1.0%)	39.8%

Source: SHEV.io

Throughout 2017 to 2020, China was the central partner in the export structure by value, making up 89.0% of total flows, with other markets contributing less significantly.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from South America in value, 2017-2020

Source: SHEV.io

Imports cherries to South America

Imports in kind, K t

After two years of decline, South America's cherry imports increased. In 2020, imports reached 5.0 thousand tons, up 4.7% from 2019. However, between 2017 and 2020, imports decreased by 5.5%, with an annualized rate of decline of 1.9%. The lowest volume was recorded in 2019 at 4.7 thousand tons, and the largest decline of 6.0% happened in 2018.

Annual dynamics of product's imports to South America in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(6.0%)	(4.1%)	4.7%	(1.9%)

Source: SHEV.io

From 2017 to 2020, the United States was the primary supplier of cherries to South America in volume terms, accounting for 5.2% of total imports.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to South America in kind, 2017-2020

Source: SHEV.io

Imports in value, M $ US

Following two years of growth, cherry imports into South America declined. In 2020, import value was recorded at 18 million US dollars, a sharp contraction of 19.0% from the previous year. The peak value occurred in 2019 at 23 million US dollars, with the largest increase of 20.2% also recorded in that year.

Annual dynamics of product's imports to South America in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.6%	20.2%	(19.0%)	(0.4%)

Source: SHEV.io

Over the period from 2017 to 2020, the United States was the main destination for cherry imports by value into South America, representing 12.0% of total flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to South America in value, 2017-2020

Source: SHEV.io