Mexico - Currants And Gooseberries - Market Analysis, Forecast, Size, Trends and Insights

Mexico: Currant And Gooseberry Market Overview 2020

Currant And Gooseberry Market Size in Mexico

The revenue of the currant and gooseberry market in Mexico amounted to $X in 2018, going down by -X% against the previous year. In general, currant and gooseberry consumption continues to indicate a dramatic deduction. The pace of growth was the most pronounced in 2015 when the market value increased by X% y-o-y. Currant and gooseberry consumption peaked at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Currant And Gooseberry Production in Mexico

In value terms, currant and gooseberry production amounted to $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2017 when production volume increased by X% year-to-year. Over the period under review, currant and gooseberry production reached its peak figure level in 2018 and is expected to retain its growth in the near future.

In 2018, the average currant and gooseberry yield in Mexico amounted to X kg per ha, approximately equating the previous year. Over the period under review, the currant and gooseberry 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.

In 2018, the currant and gooseberry harvested area in Mexico totaled X ha, approximately reflecting the previous year. In general, the currant and gooseberry harvested area continues to indicate a relatively flat trend pattern.

Currant And Gooseberry Exports

Exports from Mexico

In 2018, approx. X tonnes of currants and gooseberries were exported from Mexico; going up by X% against the previous year. Overall, currant and gooseberry exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, currant and gooseberry exports attained their peak figure in 2018 and are likely to see steady growth in the near future.

In value terms, currant and gooseberry exports totaled $X in 2018. In general, currant and gooseberry exports continue to indicate skyrocketing growth. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Over the period under review, currant and gooseberry exports attained their peak figure in 2018 and are expected to retain its growth in the near future.

Exports by Country

Belgium (X tonnes) was the main destination for currant and gooseberry exports from Mexico, with a X% share of total exports. Moreover, currant and gooseberry exports to Belgium exceeded the volume sent to the second major destination, Spain (X tonnes), sixfold.

From 2007 to 2018, the average annual growth rate of volume to Belgium amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+X% per year) and Bahrain (+X% per year).

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

From 2007 to 2018, the average annual growth rate of value to Belgium amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+X% per year) and Bahrain (+X% per year).

Export Prices by Country

In 2018, the average currant and gooseberry export price amounted to $X per tonne, jumping by X% against the previous year. Over the period under review, the export price indicated resilient growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, currant and gooseberry export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for currants and gooseberries attained their maximum in 2018 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Belgium ($X per tonne), while the average price for exports to Spain ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced a decline.

Currant And Gooseberry Imports

Imports into Mexico

In 2018, the amount of currants and gooseberries imported into Mexico totaled X tonnes, going down by -X% against the previous year. Over the period under review, currant and gooseberry imports continue to indicate a precipitous contraction. The pace of growth appeared the most rapid in 2012 when imports decreased by -X% year-to-year. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, currant and gooseberry imports amounted to $X in 2018. Over the period under review, currant and gooseberry imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2010 with a decrease of -X% y-o-y. Over the period under review, currant and gooseberry imports attained their maximum at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X tonnes) was the main supplier of currant and gooseberry to Mexico, accounting for a approx. X% share of total imports.

From 2007 to 2018, the average annual growth rate of volume from the U.S. amounted to -X%.

In value terms, the U.S. ($X) constituted the largest supplier of currant and gooseberry to Mexico.

From 2007 to 2018, the average annual rate of growth in terms of value from the U.S. totaled -X%.

Import Prices by Country

In 2018, the average currant and gooseberry import price amounted to $X per tonne, declining by -X% against the previous year. Over the period under review, the currant and gooseberry import price continues to indicate a slight contraction. The import price peaked at $X per tonne in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

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

From 2007 to 2018, the rate of growth in terms of prices for the U.S. amounted to -X% per year.

Source: IndexBox AI Platform