Asia-Pacific: Currant And Gooseberry Market 2024

Currant And Gooseberry Market Size in Asia-Pacific

The Asia-Pacific currant and gooseberry market reduced to $X in 2022, falling by X% against the previous year. Overall, consumption recorded a deep slump. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Currant And Gooseberry Production in Asia-Pacific

In value terms, currant and gooseberry production fell notably to $X in 2022 estimated in export price. Over the period under review, production, however, showed moderate growth. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

New Zealand (X tons) remains the largest currant and gooseberry producing country in Asia-Pacific, comprising approx. X% of total volume. Moreover, currant and gooseberry production in New Zealand exceeded the figures recorded by the second-largest producer, Australia (X tons), eightfold. India (X tons) ranked third in terms of total production with a X% share.

In New Zealand, currant and gooseberry production decreased by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Australia (X% per year) and India (X% per year).

The average currant and gooseberry yield amounted to X tons per ha in 2022, approximately mirroring 2021. Overall, the yield recorded slight growth. The most prominent rate of growth was recorded in 2020 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of currants and gooseberries were harvested in Asia-Pacific; waning by X% against the previous year. In general, the harvested area recorded a abrupt setback. The growth pace was the most rapid in 2021 when the harvested area increased by X% against the previous year. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

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Currant And Gooseberry Exports

Exports in Asia-Pacific

In 2022, shipments abroad of currants and gooseberries decreased by X% to X tons, falling for the second year in a row after nine years of growth. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, currant and gooseberry exports fell dramatically to $X in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, India (X tons) was the largest exporter of currants and gooseberries, comprising X% of total exports. It was distantly followed by Myanmar (X tons), making up a X% share of total exports. Taiwan (Chinese) (X tons) followed a long way behind the leaders.

India was also the fastest-growing in terms of the currants and gooseberries exports, with a CAGR of X% from 2012 to 2022. At the same time, Myanmar (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. India (X p.p.) and Myanmar (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest currant and gooseberry supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Myanmar ($X), with a X% share of total exports.

In India, currant and gooseberry exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Myanmar (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, reducing by X% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced a decline in the export price figures.

Currant And Gooseberry Imports

Imports in Asia-Pacific

In 2022, after three years of decline, there was significant growth in purchases abroad of currants and gooseberries, when their volume increased by X% to X tons. Total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, currant and gooseberry imports soared to $X in 2022. Total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Singapore represented the key importer of currants and gooseberries in Asia-Pacific, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2022. It was distantly followed by India (X tons), Malaysia (X tons) and Maldives (X tons), together creating a X% share of total imports. Japan (X tons) and Bangladesh (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to currant and gooseberry imports into Singapore stood at X%. At the same time, Maldives (X%), India (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Maldives emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Bangladesh (X%) and Japan (X%) illustrated a downward trend over the same period. India (X p.p.), Malaysia (X p.p.) and Maldives (X p.p.) significantly strengthened its position in terms of the total imports, while Bangladesh, Singapore and Japan saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, the largest currant and gooseberry importing markets in Asia-Pacific were Singapore ($X), Maldives ($X) and Japan ($X), together accounting for X% of total imports.

Maldives, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price, however, recorded a noticeable contraction. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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