Asia: Currant And Gooseberry Market 2022

Currant And Gooseberry Market Size in Asia

In 2021, the Asian currant and gooseberry market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Currant And Gooseberry Production in Asia

In value terms, currant and gooseberry production rose remarkably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production reached the maximum level in 2021 and is expected to retain growth in years to come.

The countries with the highest volumes of in 2021 were Azerbaijan (X tons), Uzbekistan (X tons) and Lebanon (X tons), together comprising X% of total production.

From 2012 to 2021, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Lebanon (with a CAGR of +X%), while production for the other leaders experienced more modest paces of growth.

In 2021, the average currant and gooseberry yield in Asia dropped to X tons per ha, almost unchanged from the previous year's figure. In general, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2014 to 2021, the growth of the currant and gooseberry yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of currants and gooseberries were harvested in Asia; picking up by X% against the previous year's figure. The harvested area increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2015; however, from 2016 to 2021, the harvested area stood at a somewhat lower figure.

Currant And Gooseberry Exports

Exports in Asia

In 2021, overseas shipments of currants and gooseberries decreased by -X% to X tons, falling for the third consecutive year after three years of growth. Over the period under review, exports, however, enjoyed pronounced growth. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, currant and gooseberry exports plummeted to $X in 2021. In general, exports, however, enjoyed a notable increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The shipments of the three major exporters of currants and gooseberries, namely India, Iran and Azerbaijan, represented more than two-thirds of total export. Myanmar (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Georgia (X%), the United Arab Emirates (X%) and Kuwait (X%).

From 2012 to 2021, the biggest increases were in Azerbaijan (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest currant and gooseberry supplying countries in Asia were India ($X), the United Arab Emirates ($X) and Azerbaijan ($X), with a combined X% share of total exports.

Azerbaijan, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, with a decrease of -X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the export price increased by X%. The level of export peaked at $X per ton in 2020, and then shrank in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kuwait (+X%), while the other leaders experienced more modest paces of growth.

Currant And Gooseberry Imports

Imports in Asia

In 2021, supplies from abroad of currants and gooseberries increased by X% to X tons, rising for the seventh year in a row after two years of decline. Over the period under review, imports showed prominent growth. The pace of growth was the most pronounced in 2016 with an increase of X%. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, currant and gooseberry imports surged to $X in 2021. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of import peaked in 2021 and is likely to continue growth in years to come.

Imports by Country

Qatar was the largest importing country with an import of about X tons, which recorded X% of total imports. Kuwait (X tons) ranks second in terms of the total imports with a X% share, followed by Singapore (X%) and Saudi Arabia (X%). The following importers - Oman (X tons), Japan (X tons) and the United Arab Emirates (X tons) - each finished at a X% share of total imports.

Qatar was also the fastest-growing in terms of the currants and gooseberries imports, with a CAGR of +X% from 2012 to 2021. At the same time, Oman (+X%), Singapore (+X%) and Saudi Arabia (+X%) displayed positive paces of growth. By contrast, Kuwait (-X%), the United Arab Emirates (-X%) and Japan (-X%) illustrated a downward trend over the same period. Qatar (+X p.p.) and Singapore (+X p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates, Japan and Kuwait saw its share reduced by -X%, -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Qatar ($X) constitutes the largest market for imported currants and gooseberries in Asia, comprising X% of total imports. The second position in the ranking was held by Kuwait ($X), with a X% share of total imports. It was followed by Singapore, with an X% share.

In Qatar, currant and gooseberry imports increased at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (+X% per year) and Singapore (+X% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2021, declining by -X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kuwait (+X%), while the other leaders experienced more modest paces of growth.

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