Report Update Feb 1, 2025

Malaysia - Currants and Gooseberries - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Currant And Gooseberry Market 2025

Currant And Gooseberry Market Size in Malaysia

In 2021, the Malaysian currant and gooseberry market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption posted a significant increase. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Currant And Gooseberry Exports

Exports from Malaysia

In 2021, shipments abroad of currants and gooseberries decreased by -94.4% to X kg for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports faced a significant contraction. The pace of growth was the most pronounced in 2017 when exports increased by 1,735% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, currant and gooseberry exports plummeted to $X in 2021. In general, exports saw a sharp setback. The growth pace was the most rapid in 2017 when exports increased by 1,119%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Qatar (X kg) was the main destination for currant and gooseberry exports from Malaysia, with a 86% share of total exports. Moreover, currant and gooseberry exports to Qatar exceeded the volume sent to the second major destination, Singapore (X kg), eightfold.

From 2012 to 2021, the average annual growth rate of volume to Qatar totaled -4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (-4.4% per year) and Maldives (-49.9% per year).

In value terms, Qatar ($X) remains the key foreign market for currant and gooseberry exports from Malaysia, comprising 97% of total exports. The second position in the ranking was taken by Maldives ($X), with a 2.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Qatar amounted to +7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (-47.6% per year) and Singapore (-13.0% per year).

Export Prices by Country

The average currant and gooseberry export price stood at $X per ton in 2021, increasing by 117% against the previous year. In general, the export price enjoyed buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Qatar ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+11.5%), while the prices for the other major destinations experienced mixed trend patterns.

Currant And Gooseberry Imports

Imports into Malaysia

In 2021, purchases abroad of currants and gooseberries was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2018 when imports increased by 440%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, currant and gooseberry imports surged to $X in 2021. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2018 when imports increased by 343%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Greece (X tons) constituted the largest currant and gooseberry supplier to Malaysia, accounting for a 59% share of total imports. Moreover, currant and gooseberry imports from Greece exceeded the figures recorded by the second-largest supplier, Singapore (X tons), threefold. The third position in this ranking was held by China (X tons), with a 7.8% share.

From 2012 to 2021, the average annual growth rate of volume from Greece amounted to +79.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+76.2% per year) and China (+49.5% per year).

In value terms, the largest currant and gooseberry suppliers to Malaysia were Greece ($X), Singapore ($X) and the Netherlands ($X), with a combined 79% share of total imports. These countries were followed by Colombia, China, the United States and South Africa, which together accounted for a further 20%.

In terms of the main suppliers, Colombia, with a CAGR of +57.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average currant and gooseberry import price amounted to $X per ton, falling by -34.2% against the previous year. In general, the import price faced a drastic downturn. The growth pace was the most rapid in 2017 when the average import price increased by 16% against the previous year. The import price 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 supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Greece ($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 (+31.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

Russia remains the largest currant and gooseberry consuming country worldwide, accounting for 58% of total volume. Moreover, currant and gooseberry consumption in Russia exceeded the figures recorded by the second-largest consumer, Poland, threefold. Germany ranked third in terms of total consumption with a 12% share.

What are the largest producers of currants and gooseberries in the world?

Russia remains the largest currant and gooseberry producing country worldwide, accounting for 58% of total volume. Moreover, currant and gooseberry production in Russia exceeded the figures recorded by the second-largest producer, Poland, threefold. Germany ranked third in terms of total production with a 11% share.

What are the leading suppliers of currants and gooseberries to Malaysia?

In value terms, Greece constituted the largest supplier of currant and gooseberry to Malaysia, comprising 179% of total imports. The second position in the ranking was occupied by the Netherlands, with a 86% share of total imports. It was followed by South Korea, with a 28% share.

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

In 2020, the average currant and gooseberry export price amounted to $3,269 per ton, waning by -28% against the previous year.

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

The average currant and gooseberry import price stood at $4,437 per ton in 2020, waning by -18.3% against the previous year.

This report provides an in-depth analysis of the currant and gooseberry market in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 550 - Currants
FCL 549 - Gooseberries

Country coverage:

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024