Vietnam: Currant And Gooseberry Market 2024

Currant And Gooseberry Market Size in Vietnam

The Vietnamese currant and gooseberry market fell slightly to $X in 2022, shrinking by X% against the previous year. In general, consumption showed strong growth. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Currant And Gooseberry Production in Vietnam

In value terms, currant and gooseberry production shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

The average yield of currants and gooseberries in Vietnam totaled less than X kg per ha in 2022, flattening at the previous year's figure. Overall, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The currant and gooseberry harvested area in Vietnam totaled less than X ha in 2022, approximately equating the year before. In general, the harvested area continues to indicate a relatively flat trend pattern.

Currant And Gooseberry Exports

Exports from Vietnam

Currant and gooseberry exports from Vietnam contracted rapidly to X kg in 2022, dropping by X% against the previous year's figure. In general, exports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, currant and gooseberry exports skyrocketed to $X in 2022. Overall, exports showed a dramatic downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Ireland (X kg) was the main destination for currant and gooseberry exports from Vietnam, accounting for a X% share of total exports. Moreover, currant and gooseberry exports to Ireland exceeded the volume sent to the second major destination, North Macedonia (X kg), fourfold. The third position in this ranking was taken by Austria (X kg), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Ireland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (X% per year) and Austria (X% per year).

In value terms, Ireland ($X) emerged as the key foreign market for currants and gooseberries exports from Vietnam, comprising X% of total exports. The second position in the ranking was taken by Austria ($X), with an X% share of total exports. It was followed by Kazakhstan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Ireland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

The average currant and gooseberry export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price showed strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (X%).

Currant And Gooseberry Imports

Imports into Vietnam

Currant and gooseberry imports into Vietnam reduced markedly to X kg in 2018, which is down by X% compared with 2017. In general, imports, however, enjoyed significant growth. The smallest decline of X% was in 2017. Imports peaked at X kg in 2016; however, from 2017 to 2018, imports failed to regain momentum.

In value terms, currant and gooseberry imports shrank sharply to $X in 2018. Overall, imports, however, recorded a significant increase. The smallest decline of X% was in 2017. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Greece (X kg) was the main supplier of currant and gooseberry to Vietnam, with a X% share of total imports. Moreover, currant and gooseberry imports from Greece exceeded the figures recorded by the second-largest supplier, Poland (X kg), tenfold.

From 2013 to 2018, the average annual growth rate of volume from Greece totaled X%.

In value terms, Greece ($X) constituted the largest supplier of currants and gooseberries to Vietnam, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports.

From 2013 to 2018, the average annual rate of growth in terms of value from Greece stood at X%.

Import Prices by Country

The average currant and gooseberry import price stood at $X per ton in 2018, jumping by X% against the previous year. Overall, the import price showed buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($X per ton), while the price for Poland totaled $X per ton.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by Greece (X%).

Source: IndexBox Platform

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