Latin America and the Caribbean: Currant And Gooseberry Market 2022

Currant And Gooseberry Market Size in Latin America and the Caribbean

The Latin American currant and gooseberry market dropped sharply to $X in 2020, reducing by -X% against the previous year. Overall, consumption saw a dramatic decline. The most prominent rate of growth was recorded in 2013 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. from 2014 to 2020, the growth of the market failed to regain the momentum.

Currant And Gooseberry Production in Latin America and the Caribbean

In value terms, currant and gooseberry production dropped to $X in 2020 estimated in export prices. Over the period under review, production, however, recorded a noticeable setback. The growth pace was the most rapid in 2018 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. from 2019 to 2020, production growth failed to regain the momentum.

The countries with the highest volumes of currant and gooseberry production in 2020 were Colombia (X tonnes), Chile (X tonnes) and Brazil (X tonnes), together comprising X% of total production. These countries were followed by Mexico and Peru, which together accounted for a further X 2012 to 2020, the most notable rate of growth in terms of currant and gooseberry production, amongst the key producing countries, was attained by Mexico, while currant and gooseberry production for the other leaders experienced more modest paces of growth.

In 2020, the average currant and gooseberry yield in Latin America and the Caribbean dropped slightly to X tonnes per ha, waning by -X% compared with 2019. In general, the yield, however, showed a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tonnes per ha. from 2019 to 2020, the growth of the currant and gooseberry yield remained at a somewhat lower figure. 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 stood at X ha in 2020, approximately mirroring the previous year. Over the period under review, the harvested area showed a abrupt downturn. Over the period under review, the harvested area dedicated to currant and gooseberry production reached the peak figure at X ha in 2012; however, from 2013 to 2020, the harvested area failed to regain the momentum.

Production By Country in Latin America and the Caribbean

The countries with the highest volumes of currant and gooseberry production in 2020 were Colombia (X tonnes), Chile (X tonnes) and Brazil (X tonnes), with a combined X% share of total production. These countries were followed by Mexico and Peru, which together accounted for a further X 2012 to 2020, the most notable rate of growth in terms of currant and gooseberry production, amongst the key producing countries, was attained by Mexico, while currant and gooseberry production for the other leaders experienced more modest paces of growth.

Currant And Gooseberry Exports

Exports in Latin America and the Caribbean

In 2020, approx. X tonnes of currants and gooseberries were exported in Latin America and the Caribbean; with an increase of X% on the previous year's figure. Overall, exports posted buoyant growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, exports reached the peak of X tonnes. from 2019 to 2020, the growth exports failed to regain the momentum.

In value terms, currant and gooseberry exports rose sharply to $X in 2020. In general, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. from 2019 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Colombia was the largest exporter of currants and gooseberries in Latin America and the Caribbean, with the volume of exports recording X tonnes, which was approx. X% of total exports in 2020. Chile (X tonnes) took a X% share (based on tonnes) of total exports, which put it in second place, followed by Brazil (X%) and Mexico (X%). Peru (X tonnes) followed a long way behind the leaders.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Brazil (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Colombia ($X) and Mexico ($X) constituted the countries with the highest levels of exports in 2020, with a combined X% share of total exports. Brazil and Peru lagged somewhat behind, together accounting for a further X the main exporting countries, Brazil (+X% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The currant and gooseberry export price in Latin America and the Caribbean stood at $X per tonne in 2020, growing by X% against the previous year. Over the period under review, the export price, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. Over the period under review, export prices attained the maximum at $X per tonne in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Chile ($X per tonne), while Brazil ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Chile, while the other leaders experienced a decline in the export price figures.

Currant And Gooseberry Imports

Imports in Latin America and the Caribbean

In 2020, approx. X tonnes of currants and gooseberries were imported in Latin America and the Caribbean; picking up by X% compared with 2019 figures. Over the period under review, imports, however, continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. from 2015 to 2020, the growth imports remained at a lower figure.

In value terms, currant and gooseberry imports reached $X in 2020. Overall, imports, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. As a result, imports attained the peak of $X. from 2015 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

Trinidad and Tobago was the main importing country with an import of about X tonnes, which amounted to X% of total imports. Brazil (X tonnes) held the second position in the ranking, followed by Guyana (X tonnes), Bolivia (X tonnes) and Mexico (X tonnes). All these countries together took approx. X% share of total imports. Bahamas (X tonnes) followed a long way behind the leaders.

From 2012 to 2020, average annual rates of growth with regard to currant and gooseberry imports into Trinidad and Tobago stood at +X%. At the same time, Guyana (+X%), Bahamas (+X%) and Brazil (+X%) displayed positive paces of growth. Moreover, Guyana emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2012-2020. Bolivia experienced a relatively flat trend pattern. By contrast, Mexico (-X%) illustrated a downward trend over the same period. While the share of Trinidad and Tobago (+X p.p.), Guyana (+X p.p.), Bolivia (+X p.p.), Brazil (+X p.p.) and Bahamas (+X p.p.) increased significantly in terms of the total imports from 2012-2020, the share of Mexico (-X p.p.) displayed negative dynamics.

In value terms, Brazil ($X) constitutes the largest market for imported currants and gooseberries in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was occupied by Trinidad and Tobago ($X), with a X% share of total imports. It was followed by Bolivia, with a X% share.

In Brazil, currant and gooseberry imports increased at an average annual rate of +X% over the period from 2012-2020. In the other countries, the average annual rates were as follows: Trinidad and Tobago (+X% per year) and Bolivia (X% per year).

Import Prices by Country

The currant and gooseberry import price in Latin America and the Caribbean stood at $X per tonne in 2020, which is down by -X% against the previous year. Import price indicated perceptible growth from 2012 to 2020: its price increased at an average annual rate of +X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, currant and gooseberry import price increased by +X% against 2018 indices. The growth pace was the most rapid in 2015 an increase of X% year-to-year. The level of import peaked at $X per tonne in 2017; however, from 2018 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Brazil ($X per tonne), while Guyana ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Trinidad and Tobago, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform