Colombia: Currant And Gooseberry Market Overview 2021

Currant And Gooseberry Market Size in Colombia

In 2019, after three years of decline, there was significant growth in the Colombian currant and gooseberry market, when its value increased by X% to $X. Overall, consumption, however, continues to indicate a dramatic setback. Currant and gooseberry consumption peaked at $X in 2013; however, from 2014 to 2019, consumption remained at a lower figure.

Currant And Gooseberry Production in Colombia

In value terms, currant and gooseberry production declined significantly to $X in 2019 estimated in export prices. Overall, production continues to indicate a perceptible downturn. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Currant and gooseberry production peaked at $X in 2013; however, from 2014 to 2019, production stood at a somewhat lower figure.

The average yield of currants and gooseberries in Colombia totaled X kg per ha in 2019, stabilizing at 2018. Over the period under review, the yield recorded 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.

In 2019, the harvested area of currants and gooseberries in Colombia totaled X ha, almost unchanged from the year before. Overall, the harvested area showed a relatively flat trend pattern.

Currant And Gooseberry Exports

Exports from Colombia

After three years of growth, overseas shipments of currants and gooseberries decreased by -X% to X tonnes in 2019. In general, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at X tonnes in 2018, and then shrank in the following year.

In value terms, currant and gooseberry exports fell significantly to $X in 2019. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Exports peaked at $X in 2018, and then dropped markedly in the following year.

Exports by Country

The U.S. (X tonnes) was the main destination for currant and gooseberry exports from Colombia, with a X% share of total exports. Moreover, currant and gooseberry exports to the U.S. exceeded the volume sent to the second major destination, Germany (X tonnes), more than tenfold.

From 2012 to 2019, the average annual rate of growth in terms of volume to the U.S. totaled +X%.

In value terms, the U.S. ($X) remains the key foreign market for currant and gooseberry exports from Colombia, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports.

From 2012 to 2019, the average annual growth rate of value to the U.S. amounted to +X%.

Export Prices by Country

In 2019, the average currant and gooseberry export price amounted to $X per tonne, shrinking by -X% against the previous year. In general, the export price showed a deep contraction. The growth pace was the most rapid in 2013 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2014 to 2019, the growth in terms of the average export prices failed to regain the momentum.

Average prices varied noticeably for the major overseas markets. In 2019, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Germany amounted to $X per tonne.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the U.S..

Currant And Gooseberry Imports

Imports into Colombia

Currant and gooseberry imports into Colombia dropped sharply to X kg in 2019, with a decrease of -X% against 2018. In general, imports showed a abrupt decrease. Over the period under review, imports reached the peak figure at X kg in 2012; however, from 2013 to 2019, imports remained at a lower figure.

In value terms, currant and gooseberry imports fell remarkably to $X in 2019. Over the period under review, imports saw a measured increase. Over the period under review, imports attained the maximum at $X in 2018, and then reduced markedly in the following year.

Imports by Country

In 2018, France (X kg) was the main supplier of currant and gooseberry to Colombia, accounting for a approx. X% share of total imports.

From 2012 to 2018, the average annual growth rate of volume from France was relatively modest.

In value terms, France ($X) constituted the largest supplier of currant and gooseberry to Colombia.

From 2012 to 2018, the average annual rate of growth in terms of value from France was relatively modest.

Import Prices by Country

In 2018, the average currant and gooseberry import price amounted to $X per tonne, remaining stable against the previous year. Overall, the import price enjoyed significant growth. The import price peaked in 2018 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2018, the rate of growth in terms of prices for France amounted to X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for currants and gooseberries in the world?

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Russia (488K tonnes) constituted the country with the largest volume of currant and gooseberry consumption, accounting for 59% of total volume. Moreover, currant and gooseberry consumption in Russia exceeded the figures recorded by the second-largest consumer, Poland (129K tonnes), fourfold. The third position in this ranking was occupied by Germany (101K tonnes), with a 12% share.

What are the largest producers of currants and gooseberries in the world?

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Russia (487K tonnes) constituted the country with the largest volume of currant and gooseberry production, comprising approx. 59% of total volume. Moreover, currant and gooseberry production in Russia exceeded the figures recorded by the second-largest producer, Poland (134K tonnes), fourfold. Germany (97K tonnes) ranked third in terms of total production with a 12% share.

What are the leading suppliers of currants and gooseberries to Colombia?

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In value terms, France ($56) constituted the largest supplier of currant and gooseberry to Colombia.

What are the leading importers of currants and gooseberries from Colombia?

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In value terms, the U.S. ($2.7M) remains the key foreign market for currant and gooseberry exports from Colombia, comprising 92% of total exports. The second position in the ranking was occupied by Germany ($86K), with a 2.9% share of total exports.

What is the average export price for currants and gooseberries in Colombia?

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The average currant and gooseberry export price stood at $5,094 per tonne in 2019, which is down by -21.8% against the previous year.

What is the average import price for currants and gooseberries in Colombia?

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In 2018, the average currant and gooseberry import price amounted to $14,000 per tonne, stabilizing at the previous year.