Spain: Currant And Gooseberry Market Overview 2021

Currant And Gooseberry Market Size in Spain

The Spanish currant and gooseberry market shrank dramatically to $X in 2018, dropping by -X% against the previous year. Over the period under review, consumption continues to indicate a sharp setback. The most prominent rate of growth was recorded in 2013 when the market value decreased by -X% y-o-y. Currant and gooseberry consumption peaked at $X in 2012; however, from 2013 to 2018, consumption stood at a somewhat lower figure.

Currant And Gooseberry Production in Spain

In value terms, currant and gooseberry production contracted notably to $X in 2019 estimated in export prices. In general, production saw a dramatic contraction. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Currant and gooseberry production peaked at $X in 2012; however, from 2013 to 2019, production remained at a lower figure.

In 2019, the average currant and gooseberry yield in Spain fell significantly to X tonnes per ha, with a decrease of -X% on the year before. Over the period under review, the yield recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, the yield reached the peak level of X tonnes per ha. From 2016 to 2019, the growth of the average currant and gooseberry yield remained at a lower figure. 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 Spain reduced modestly to X ha, waning by -X% against the year before. Overall, the harvested area, however, posted a mild increase. The most prominent rate of growth was recorded in 2013 when the harvested area increased by X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2014 to 2019, the growth of the currant and gooseberry harvested area failed to regain the momentum.

Currant And Gooseberry Exports

Exports from Spain

In 2019, after two years of growth, there was significant decline in overseas shipments of currants and gooseberries, when their volume decreased by -X% to X tonnes. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2013 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2018, and then fell remarkably in the following year.

In value terms, currant and gooseberry exports reduced sharply to $X in 2019. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Exports peaked at $X in 2018, and then shrank significantly in the following year.

Exports by Country

Portugal (X tonnes), the UK (X tonnes) and Italy (X tonnes) were the main destinations of currant and gooseberry exports from Spain, with a combined X% share of total exports. France, Belgium and the Netherlands lagged somewhat behind, together comprising a further X 2012 to 2019, the biggest increases were in the Netherlands (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

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

From 2012 to 2019, the average annual growth rate of value to the UK stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and France (+X% per year).

Export Prices by Country

The average currant and gooseberry export price stood at $X per tonne in 2019, surging by X% against the previous year. Over the last seven-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2016 an increase of X% year-to-year. The export price peaked in 2019 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was the UK ($X per tonne), while the average price for exports to Portugal ($X per tonne) was amongst the lowest.

From 2012 to 2019, 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 mixed trend patterns.

Currant And Gooseberry Imports

Imports into Spain

In 2019, after four years of growth, there was significant decline in overseas purchases of currants and gooseberries, when their volume decreased by -X% to X tonnes. In general, imports, however, saw a strong expansion. The pace of growth was the most pronounced in 2016 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at X tonnes in 2018, and then contracted dramatically in the following year.

In value terms, currant and gooseberry imports contracted sharply to $X in 2019. Over the period under review, imports, however, posted a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then fell notably in the following year.

Imports by Country

The Netherlands (X tonnes), the UK (X tonnes) and Portugal (X tonnes) were the main suppliers of currant and gooseberry imports to Spain, with a combined X% share of total imports.

From 2012 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of currant and gooseberry to Spain, comprising X% of total imports. The second position in the ranking was occupied by Portugal ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2019, the average annual rate of growth in terms of value from the Netherlands amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+X% per year) and the UK (+X% per year).

Import Prices by Country

In 2019, the average currant and gooseberry import price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2019: its price increased at an average annual rate of +X% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, currant and gooseberry import price increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2015; afterwards, it flattened through to 2019.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was France ($X per tonne), while the price for Poland ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Portugal, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

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

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The country with the largest volume of currant and gooseberry consumption was Russia (488K tonnes), 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. Germany (101K tonnes) ranked third in terms of total consumption 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, accounting for 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 Spain?

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In value terms, the Netherlands ($758K) constituted the largest supplier of currant and gooseberry to Spain, comprising 40% of total imports. The second position in the ranking was occupied by Portugal ($378K), with a 20% share of total imports. It was followed by the UK, with a 16% share.

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

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In value terms, the UK ($3.6M) remains the key foreign market for currant and gooseberry exports from Spain, comprising 60% of total exports. The second position in the ranking was occupied by the Netherlands ($490K), with a 8.2% share of total exports. It was followed by France, with a 7% share.

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

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In 2019, the average currant and gooseberry export price amounted to $6,287 per tonne, rising by 8.7% against the previous year.

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

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In 2019, the average currant and gooseberry import price amounted to $9,278 per tonne, picking up by 27% against the previous year.