Low Prices Expected for US Cherry Exports in Q3

The US is the third cherry exporter with a 10.76% share in the global market amounted to 478.32M USD in 2020. In July and August 2021, US cherry export prices dropped further -23% and -32% compared in the same period of a year ago. The low export price affected the US to withdraw its cherry supplies to the importers in July 2021 dropping by -8% compared to July 2020.