Southern Asia: Currant And Gooseberry Market 2025

Currant And Gooseberry Market Size in Southern Asia

In 2021, the South Asian currant and gooseberry market decreased by -22.5% to $X, falling for the third consecutive year after two years of growth. In general, consumption continues to indicate a deep reduction. The level of consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Currant And Gooseberry Production in Southern Asia

In value terms, currant and gooseberry production shrank 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 pace of growth was the most pronounced in 2013 when the production volume increased by 38% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

The country with the largest volume of currant and gooseberry production was India (X tons), comprising approx. 99% of total volume.

In India, currant and gooseberry production remained relatively stable over the period from 2012-2021.

Currant And Gooseberry Exports

Exports in Southern Asia

In 2021, overseas shipments of currants and gooseberries decreased by -0.6% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports, however, saw significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 1,512% against the previous year. The volume of export peaked at X tons in 2020, and then declined modestly in the following year.

In value terms, currant and gooseberry exports fell sharply to $X in 2021. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2016 with an increase of 338%. Over the period under review, the exports attained the peak figure at $X in 2020, and then reduced rapidly in the following year.

Exports by Country

India dominates exports structure, reaching X tons, which was approx. 95% of total exports in 2021. Pakistan (X tons) followed a long way behind the leaders.

Exports from India increased at an average annual rate of +42.9% from 2012 to 2021. At the same time, Pakistan (+74.7%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +74.7% from 2012-2021. From 2012 to 2021, the share of India increased by +95 percentage points.

In value terms, India ($X) remains the largest currant and gooseberry supplier in Southern Asia, comprising 90% of total exports. The second position in the ranking was held by Pakistan ($X), with a 4.3% share of total exports.

In India, currant and gooseberry exports expanded at an average annual rate of +51.4% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, reducing by -25.1% against the previous year. Overall, the export price faced a deep slump. The most prominent rate of growth was recorded in 2017 when the export price increased by 217%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Pakistan ($X per ton), while India amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+5.9%).

Currant And Gooseberry Imports

Imports in Southern Asia

In 2021, approx. X tons of currants and gooseberries were imported in Southern Asia; waning by -27.2% on 2020 figures. Overall, imports continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2018 when imports increased by 41%. As a result, imports reached 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 declined significantly to $X in 2021. Over the period under review, imports showed a slight descent. The growth pace was the most rapid in 2018 with an increase of 71% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Pakistan was the key importer of currants and gooseberries in Southern Asia, with the volume of imports recording X tons, which was approx. 60% of total imports in 2021. Bangladesh (X tons) held the second position in the ranking, distantly followed by Nepal (X tons) and Afghanistan (X tons). All these countries together took near 37% share of total imports.

Pakistan was also the fastest-growing in terms of the currants and gooseberries imports, with a CAGR of +8.7% from 2012 to 2021. Bangladesh experienced a relatively flat trend pattern. Afghanistan (-8.8%) and Nepal (-20.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Pakistan and Bangladesh increased by +37 and +3.2 percentage points, respectively.

In value terms, Pakistan ($X), Bangladesh ($X) and Nepal ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 93% of total imports.

Pakistan, with a CAGR of +8.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, growing by 2.9% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 21%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Bangladesh ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nepal (+10.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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