The market value increased at an average annual rate of +2.1% from 2012 to 2017; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013, with an increase of 35% against the previous year. Over the period under review, the currant and gooseberry market reached its peak figure level at $2.7B in 2015; however, from 2016 to 2017, consumption remained at a lower figure.
Currant And Gooseberry Production in the EU
In value terms, currant and gooseberry production stood at $1.6B in 2017 estimated in export prices. The currant and gooseberry production continues to indicate a drastic decline. The growth pace was the most rapid in 2013, when it surged by 21% against the previous year.
The countries with the highest volumes of currant and gooseberry production in 2017 were Poland (138K tonnes), Germany (99K tonnes) and the UK (16K tonnes), with a combined 88% share of total production.
From 2012 to 2017, the most notable rate of growth in terms of currant and gooseberry production, amongst the main producing countries, was attained by the UK (+2.8% per year), while the other leaders experienced more modest paces of growth.
The average currant and gooseberry yield amounted to 3.8 tonne per ha in 2017, reducing by -12.9% against the previous year. The currant and gooseberry yield continues to indicate a significant setback. The growth pace was the most rapid in 2015, with an increase of 4.5% y-o-y. The level of currant and gooseberry yield peaked at 4.7 tonne per ha in 2013; however, from 2014 to 2017, yield stood 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 2017, approx. 76K ha of currants and gooseberries were harvested in the European Union; stabilizing at the previous year. The currant and gooseberry harvested area continues to indicate a slight contraction. The growth pace was the most rapid in 2013, with an increase of 0.7% against the previous year. In that year, the currant and gooseberry harvested area reached its peak figure of 80K ha. From 2014 to 2017, the growth of the currant and gooseberry harvested area remained at a somewhat lower figure.
Currant And Gooseberry Exports
Exports in the EU
In 2017, the amount of currants and gooseberries exported in the European Union amounted to 7.3K tonnes, surging by 9.2% against the previous year. The currant and gooseberry exports continue to indicate a relatively flat trend pattern.
In value terms, currant and gooseberry exports totaled $54M (IndexBox estimates) in 2017. The total export value increased at an average annual rate of +6.3% from 2012 to 2017; the trend pattern indicated some noticeable fluctuations being recorded in certain years. In that year, currant and gooseberry exports reached their peak of $55M. From 2016 to 2017, the growth of currant and gooseberry exports failed to regain its momentum.
Exports by Country
In 2017, the Netherlands (2.3K tonnes), distantly followed by Spain (1.3K tonnes), Belgium (896 tonnes), the Czech Republic (768 tonnes), Poland (422 tonnes) and Germany (331 tonnes) were the key exporters of currants and gooseberries, together generating 84% of total exports. Lithuania (310 tonnes) occupied the slight share of total exports.
From 2012 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the Czech Republic (+27.6% per year), while the other leaders experienced more modest paces of growth.
In value terms, the Netherlands ($27M) remains the largest currant and gooseberry supplier in the European Union, comprising 51% of global exports. The second position in the ranking was occupied by Belgium ($9.6M), with a 18% share of global exports. It was followed by Spain, with a 12% share.
Export Prices by Country
The currant and gooseberry export price in the European Union stood at $7.4 per kg in 2017, shrinking by -3.9% against the previous year. Over the last five year period, it increased at an average annual rate of +7.2%. The growth pace was the most rapid in 2013, when the export price increased by 31% against the previous year. Over the period under review, the export prices for currants and gooseberries reached their peak figure at $8.1 per kg in 2015; however, from 2016 to 2017, export prices remained at a lower figure.
Export prices varied noticeably by the country of destination; the country with the highest export price was the Netherlands ($12 per kg), while the Czech Republic ($1 per kg) was amongst the lowest.
From 2012 to 2017, the most notable rate of growth in terms of export prices was attained by Spain (+25.9% per year), while the other leaders experienced more modest paces of growth.
Currant And Gooseberry Imports
Imports in the EU
In 2017, the amount of currants and gooseberries imported in the European Union totaled 14K tonnes, surging by 10% against the previous year. The currant and gooseberry imports continue to indicate a relatively flat trend pattern.
In value terms, currant and gooseberry imports amounted to $54M (IndexBox estimates) in 2017. The total import value increased at an average annual rate of +6.0% from 2012 to 2017; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. Over the period under review, currant and gooseberry imports attained their maximum in 2017, and are expected to retain its growth in the near future.
Imports by Country
Germany was the largest importer of currants and gooseberries in the European Union, with the volume of imports reaching 6K tonnes, which was approx. 43% of total imports in 2017. Italy (1.8K tonnes) held a 13% share (based on tonnes) of total imports, which put it in second place, followed by the UK (9.8%), France (9.1%), Austria (6%) and Belgium (5.3%). Spain (327 tonnes) followed a long way behind the leaders.
From 2012 to 2017, average annual rates of growth with regard to currant and gooseberry imports into Germany stood at -5.7%. At the same time, the UK (+42.7%), Spain (+27.7%), France (+21.0%), Austria (+3.4%) and Belgium (+2.3%) displayed positive paces of growth. Moreover, the UK emerged as the fastest growing importer in the European Union, with a CAGR of +42.7% from 2012-2017. By contrast, Italy (-2.7%) illustrated a downward trend over the same period. Germany (15%) and Italy (1.9%) significantly strengthened its position in terms of the global imports, while Spain, France and the UK saw its share reduced by -1.7%, -5.6% and -8.2% from 2012 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest currant and gooseberry markets worldwide were the UK ($12M), France ($9.5M) and Germany ($9.1M), with a combined 56% share of total imports.
Import Prices by Country
The currant and gooseberry import price in the European Union stood at $3.9 per kg in 2017, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2017, it increased at an average annual rate of +5.8%.
Import prices varied noticeably by the country of destination; the country with the highest import price was the UK ($8.5 per kg), while Germany ($1.5 per kg) was amongst the lowest.
From 2012 to 2017, the most notable rate of growth in terms of import prices was attained by Belgium (+9.9% per year), while the other leaders experienced more modest paces of growth.
