Hong Kong SAR, China: Currant And Gooseberry Market 2025

Currant And Gooseberry Market Size in Hong Kong SAR, China

In 2021, the Hong Kong currant and gooseberry market decreased by -87.1% to $X, falling for the third consecutive year after two years of growth. Overall, consumption, however, saw a strong expansion. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Currant And Gooseberry Exports

Exports from Hong Kong SAR, China

After two years of decline, shipments abroad of currants and gooseberries decreased by 0% to X kg in 2021. In general, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2018 when exports increased by 3,500% against the previous year. The exports peaked at X kg in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, currant and gooseberry exports stood at $X in 2021. Overall, exports continue to indicate a dramatic downturn. The growth pace was the most rapid in 2018 with an increase of 6,040%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Maldives (X kg) was the main destination for currant and gooseberry exports from Hong Kong SAR, accounting for a approx. 100% share of total exports.

From 2014 to 2021, the average annual rate of growth in terms of volume to Maldives was relatively modest.

From 2014 to 2021, the average annual growth rate of value to Maldives amounted to +2.4%.

Export Prices by Country

The average currant and gooseberry export price stood at $X per ton in 2021, stabilizing at the previous year. Over the period under review, the export price enjoyed a strong expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by 178%. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2014 to 2021, the rate of growth in terms of prices for Maldives amounted to +6.8% per year.

Currant And Gooseberry Imports

Imports into Hong Kong SAR, China

In 2021, overseas purchases of currants and gooseberries decreased by -85% to X tons, falling for the third year in a row after two years of growth. In general, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2014 with an increase of 2,804%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, currant and gooseberry imports shrank remarkably to $X in 2021. Overall, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2014 when imports increased by 1,230% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest currant and gooseberry supplier to Hong Kong SAR, with a 79% share of total imports. Moreover, currant and gooseberry imports from the United States exceeded the figures recorded by the second-largest supplier, the Netherlands (X kg), tenfold. The third position in this ranking was taken by Mexico (X kg), with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled +28.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+30.9% per year) and Mexico (+18.0% per year).

In value terms, the United States ($X) constituted the largest supplier of currant and gooseberry to Hong Kong SAR, comprising 80% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 10% share of total imports. It was followed by Mexico, with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at +31.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+11.5% per year) and Mexico (+15.0% per year).

Import Prices by Country

The average currant and gooseberry import price stood at $X per ton in 2021, waning by -25.1% against the previous year. Over the period under review, the import price showed a slight downturn. The pace of growth was the most pronounced in 2015 an increase of 50% against the previous year. The import price peaked at $X per ton in 2020, and then dropped markedly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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