Asia: Currant And Gooseberry Market 2025

Currant And Gooseberry Market Size in Asia

The Asian currant and gooseberry market rose modestly to $X in 2021, picking up by 1.8% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Currant And Gooseberry Production in Asia

In value terms, currant and gooseberry production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 13% against the previous year. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

The countries with the highest volumes of production in 2021 were Azerbaijan (X tons), Uzbekistan (X tons) and Lebanon (X tons), with a combined 78% share of total production.

From 2012 to 2021, the biggest increases were in Lebanon (with a CAGR of +3.7%), while production for the other leaders experienced more modest paces of growth.

The average currant and gooseberry yield totaled X tons per ha in 2021, flattening at 2020. Overall, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 8.8% against the previous year. The level of yield peaked at X tons per ha in 2013; however, from 2014 to 2021, the yield stood 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.

In 2021, the total area harvested in terms of currants and gooseberries production in Asia reduced modestly to X ha, remaining constant against the year before. The harvested area increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2014 with an increase of 18%. Over the period under review, the harvested area dedicated to currant and gooseberry production reached the maximum at X ha in 2015; however, from 2016 to 2021, the harvested area remained at a lower figure.

Currant And Gooseberry Exports

Exports in Asia

In 2021, the amount of currants and gooseberries exported in Asia rose sharply to X tons, with an increase of 11% against the previous year. Over the period under review, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 when exports increased by 64%. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, currant and gooseberry exports surged to $X in 2021. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 84%. The level of export peaked in 2021 and is likely to continue growth in the immediate term.

Exports by Country

Lebanon was the major exporter of currants and gooseberries in Asia, with the volume of exports recording X tons, which was approx. 60% of total exports in 2021. It was distantly followed by India (X tons) and Azerbaijan (X tons), together generating a 25% share of total exports. Saudi Arabia (X tons), Georgia (X tons), Oman (X tons) and Iran (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to currant and gooseberry exports from Lebanon stood at +45.1%. At the same time, Georgia (+169.4%), India (+42.9%), Azerbaijan (+29.3%), Oman (+10.5%) and Saudi Arabia (+9.3%) displayed positive paces of growth. Moreover, Georgia emerged as the fastest-growing exporter exported in Asia, with a CAGR of +169.4% from 2012-2021. By contrast, Iran (-19.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Lebanon, India, Azerbaijan and Georgia increased by +50, +18, +3.4 and +2.8 percentage points, respectively.

In value terms, Lebanon ($X) remains the largest currant and gooseberry supplier in Asia, comprising 65% of total exports. The second position in the ranking was held by India ($X), with a 9.5% share of total exports. It was followed by Azerbaijan, with a 5.6% share.

In Lebanon, currant and gooseberry exports expanded at an average annual rate of +60.4% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: India (+51.4% per year) and Azerbaijan (+35.4% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, with an increase of 8.5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2017 when the export price increased by 38% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2013; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Lebanon ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lebanon (+10.6%), while the other leaders experienced more modest paces of growth.

Currant And Gooseberry Imports

Imports in Asia

After two years of decline, purchases abroad of currants and gooseberries increased by 110% to X tons in 2021. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, currant and gooseberry imports soared to $X in 2021. In general, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 66% against the previous year. The level of import peaked in 2021 and is likely to see steady growth in the near future.

Imports by Country

Saudi Arabia (X tons) and Qatar (X tons) dominates imports structure, together mixing up 83% of total imports. It was distantly followed by Singapore (X tons), comprising a 4.9% share of total imports. The United Arab Emirates (X tons) and Bahrain (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Qatar (with a CAGR of +40.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Qatar ($X), Saudi Arabia ($X) and Singapore ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 80% of total imports.

Qatar, with a CAGR of +39.9%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2021, dropping by -34.7% against the previous year. Overall, the import price recorded a abrupt descent. The pace of growth was the most pronounced in 2020 an increase of 15%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahrain (+5.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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