Oversupply may occur in global cherry market in 5 years
date:Jan 17, 2020
ltivation, traditional cherry-producing countries started to worry, as cherry prices may collapse and an oversupply may occur in about five years.

This is due to the fact that despite the rapid growth of production, the supply period is still limited to 27 weeks a year. At the same time, demand in Asia is growing but that in the traditional western markets has stagnated. In addition, the world's top producers are overly dependent on a single market: Chile relies on China; Spain relies on the Un
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