South-Eastern Asia: Currant And Gooseberry Market 2024

Currant And Gooseberry Market Size in South-Eastern Asia

After two years of growth, the Southeast Asian currant and gooseberry market decreased by X% to $X in 2022. The total consumption indicated a buoyant expansion 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. Based on 2022 figures, consumption increased by X% against 2018 indices. The level of consumption peaked at $X in 2021, and then fell in the following year.

Currant And Gooseberry Production in South-Eastern Asia

In value terms, currant and gooseberry production fell slightly 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 in certain years. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Myanmar (X tons) constituted the country with the largest volume of currant and gooseberry production, comprising approx. X% of total volume. It was followed by Vietnam (X tons), with a X% share of total production.

From 2012 to 2022, the average annual rate of growth in terms of volume in Myanmar was relatively modest.

Currant And Gooseberry Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of currants and gooseberries decreased by X% to X tons, falling for the third year in a row after three years of growth. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, currant and gooseberry exports dropped to $X in 2022. In general, exports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Myanmar prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. Singapore (X tons) followed a long way behind the leaders.

Myanmar 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, Singapore (X%) displayed positive paces of growth. Myanmar (X p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Myanmar ($X) and Singapore ($X) were the countries with the highest levels of exports in 2022.

Among the main exporting countries, Myanmar, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the export price, however, faced a deep setback. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. The level of export peaked at $X per ton in 2017; however, from 2018 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 Singapore ($X per ton), while Myanmar stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%).

Currant And Gooseberry Imports

Imports in South-Eastern Asia

Currant and gooseberry imports dropped modestly to X tons in 2022, remaining relatively unchanged against the previous year's figure. Total imports indicated a strong increase 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. Based on 2022 figures, imports decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, currant and gooseberry imports dropped modestly to $X in 2022. Total imports indicated a remarkable 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. Based on 2022 figures, imports decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of import peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Singapore (X tons) represented the key importer of currants and gooseberries, mixing up X% of total imports. It was distantly followed by Malaysia (X tons), mixing up an X% share of total imports.

Imports into Singapore increased at an average annual rate of X% from 2012 to 2022. At the same time, Malaysia (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Malaysia (X p.p.) and Singapore (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported currants and gooseberries in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore stood at X%.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, dropping by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per ton), while Malaysia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%).

Source: IndexBox Platform

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