Azerbaijan: Currant And Gooseberry Market 2025

Currant And Gooseberry Market Size in Azerbaijan

The Azerbaijani currant and gooseberry market fell to $X in 2021, reducing by -6.4% against the previous year. The market value increased at an average annual rate of +2.8% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Currant and gooseberry consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Currant And Gooseberry Production in Azerbaijan

In value terms, currant and gooseberry production declined modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 18%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

In 2021, the average currant and gooseberry yield in Azerbaijan was estimated at X tons per ha, standing approx. at 2020. Over the period under review, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 18% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2014 to 2021, the growth of the average 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.

In 2021, the currant and gooseberry harvested area in Azerbaijan reduced to X ha, approximately equating the previous year's figure. The harvested area increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 25%. Over the period under review, the harvested area dedicated to currant and gooseberry production attained the peak figure at X ha in 2015; however, from 2016 to 2021, the harvested area stood at a somewhat lower figure.

Currant And Gooseberry Exports

Exports from Azerbaijan

In 2021, approx. X tons of currants and gooseberries were exported from Azerbaijan; growing by 63% on the previous year. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 662%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, currant and gooseberry exports surged to $X in 2021. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 746%. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Russia (X tons) was the main destination for currant and gooseberry exports from Azerbaijan, with a 96% share of total exports. Moreover, currant and gooseberry exports to Russia exceeded the volume sent to the second major destination, Kazakhstan (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia totaled +37.7%.

In value terms, Russia ($X) remains the key foreign market for currant and gooseberry exports from Azerbaijan, comprising 99% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia stood at +39.9%.

Export Prices by Country

In 2021, the average currant and gooseberry export price amounted to $X per ton, dropping by -3.5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.7%. The growth pace was the most rapid in 2013 when the average export price increased by 47%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Russia ($X per ton), while the average price for exports to Kazakhstan amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+1.6%).

Currant And Gooseberry Imports

Imports into Azerbaijan

In 2021, after two years of growth, there was significant decline in overseas purchases of currants and gooseberries, when their volume decreased by -14.2% to X tons. Overall, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2013 when imports increased by 8,250% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020, and then dropped in the following year.

In value terms, currant and gooseberry imports declined to $X in 2021. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 14,148%. Over the period under review, imports attained the maximum at $X in 2020, and then shrank in the following year.

Imports by Country

The Netherlands (X kg), Luxembourg (X kg) and Peru (X kg) were the main suppliers of currant and gooseberry imports to Azerbaijan, with a combined 95% share of total imports.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +106.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest currant and gooseberry suppliers to Azerbaijan were Luxembourg ($X), the Netherlands ($X) and France ($X), with a combined 90% share of total imports. These countries were followed by Peru, which accounted for a further 9.4%.

Peru, with a CAGR of +135.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average currant and gooseberry import price stood at $X per ton in 2021, increasing by 6.4% against the previous year. Over the period under review, the import price, however, recorded a mild slump. The pace of growth was the most pronounced in 2019 an increase of 72% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+12.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :