While the falls were welcomed by some - the after-effects are just beginning to be felt by cherry farmers.

Farms across the region are starting to report significant losses - with one producer having lost about 80 per cent of their crop.

All Things Cherry co-owner Paul Thompson said he had lost about 50 per cent of his first-grade crop due to the downpour creating a situation known as "split".

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"Basically, the heavy water sat on the cherries and was absorbed through the skin," Mr Thompson said.

"It sat on the fruit for too long and it ends up with the skin splitting and looking like a mess.

"If we'd had this level of rain six weeks ago the impact would have been minimal, but now that we've got our first fruits that are ripe and ready for picking it's been big."

It's devastating for producers - who spend the entire year working and investing in their crops, with the summer season where they make their money.

"You put in all your effort over the other parts of the years, you have all your costs upfront and this is where you are meant to reap your rewards," Mr Thompson said.

"People can pay thousands to get beekeepers to bring in bees to pollinate crops, you've got things like your herbicides, and now you find your efforts were all in vain and there's nothing.

"I know of people that have reportedly lost 80 per cent of their crops and I can't imagine the pain they're going through right now."

While Mr Thompson only exports his product within Australia, he said the reported losses by local producers will have a significant impact across the globe, with less being able to be exported internationally - including for Chinese New Year.

"Coles and Woolworths always look to buy Tasmanian cherries especially in the new year, and that volume they're searching for just isn't there anymore," he said.

"There just won't be that high-quality product that they're after - we're looking at the third-grade product which we use for our value-added products, but it's not what people are buying to consume and to sell.

"It's devastating for the whole industry after the year we've had."

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