Spain: Currant And Gooseberry Market 2024

Currant And Gooseberry Market Size in Spain

The Spanish currant and gooseberry market fell markedly to $X in 2021, waning by -19.3% against the previous year. Overall, consumption continues to indicate a noticeable shrinkage. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Currant And Gooseberry Production in Spain

In value terms, currant and gooseberry production soared to $X in 2021 estimated in export price. Over the period under review, production, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2014 when the production volume increased by 141% against the previous year. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

The average yield of currants and gooseberries in Spain totaled X tons per ha in 2021, stabilizing at the previous year. Overall, the yield, however, saw a deep reduction. The pace of growth was the most pronounced in 2015 when the yield increased by 25% against the previous year. Over the period under review, the average currant and gooseberry yield reached the peak level at X tons per ha in 2016; however, from 2017 to 2021, the yield failed to regain momentum. 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 Spain stood at X ha, remaining constant against 2020. In general, the harvested area saw a moderate increase. The growth pace was the most rapid in 2018 when the harvested area increased by 105%. The currant and gooseberry harvested area peaked in 2021 and is likely to see gradual growth in the near future.

Currant And Gooseberry Exports

Exports from Spain

In 2021, approx. X tons of currants and gooseberries were exported from Spain; growing by 62% on the previous year. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 87%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, currant and gooseberry exports expanded remarkably to $X in 2021. Over the period under review, exports enjoyed a noticeable expansion. The most prominent rate of growth was recorded in 2014 with an increase of 281%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

France (X tons), Italy (X tons) and Portugal (X tons) were the main destinations of currant and gooseberry exports from Spain, together accounting for 78% of total exports. These countries were followed by Germany, the Netherlands and Poland, which together accounted for a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +124.0%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Italy ($X) constituted the largest markets for currant and gooseberry exported from Spain worldwide, together accounting for 67% of total exports.

Germany, with a CAGR of +108.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average currant and gooseberry export price stood at $X per ton in 2021, falling by -29.3% against the previous year. Overall, the export price, however, recorded pronounced growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 140% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Portugal ($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 Poland (+1.3%), while the prices for the other major destinations experienced a decline.

Currant And Gooseberry Imports

Imports into Spain

In 2021, supplies from abroad of currants and gooseberries decreased by -1% to X tons, falling for the second year in a row after two years of growth. Overall, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2016 with an increase of 681%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, currant and gooseberry imports contracted to $X in 2021. In general, imports, however, saw a strong expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 152% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Sweden (X tons) and Portugal (X tons) were the main suppliers of currant and gooseberry imports to Spain, with a combined 76% share of total imports. These countries were followed by France, Italy, Denmark, Austria and Ecuador, which together accounted for a further 23%.

From 2012 to 2021, the biggest increases were in Italy (with a CAGR of +69.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of currant and gooseberry to Spain, comprising 45% of total imports. The second position in the ranking was taken by Portugal ($X), with an 18% share of total imports. It was followed by Italy, with a 16% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands stood at +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+37.0% per year) and Italy (+58.9% per year).

Import Prices by Country

In 2021, the average currant and gooseberry import price amounted to $X per ton, dropping by -10.4% against the previous year. Over the period under review, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2015 an increase of 206% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ecuador (+46.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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