Australia and Oceania: Currant And Gooseberry Market 2024

Currant And Gooseberry Market Size in Australia and Oceania

The currant and gooseberry market in Australia and Oceania contracted to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption recorded a drastic downturn. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Currant And Gooseberry Production in Australia and Oceania

In value terms, currant and gooseberry production shrank notably to $X in 2022 estimated in export price. In general, production, however, saw a moderate increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

New Zealand (X tons) remains the largest currant and gooseberry producing country in Australia and Oceania, comprising approx. X% of total volume. Moreover, currant and gooseberry production in New Zealand exceeded the figures recorded by the second-largest producer, Australia (X tons), eightfold.

In New Zealand, currant and gooseberry production plunged by an average annual rate of X% over the period from 2012-2022.

The average currant and gooseberry yield fell slightly to X tons per ha in 2022, approximately reflecting the year before. Overall, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the currant and gooseberry yield hit record highs at X tons per ha in 2018; however, from 2019 to 2022, the 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 2022, the total area harvested in terms of currants and gooseberries production in Australia and Oceania dropped to X ha, waning by X% on the previous year's figure. Over the period under review, the harvested area recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to currant and gooseberry production attained the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Currant And Gooseberry Exports

Exports in Australia and Oceania

In 2022, approx. X tons of currants and gooseberries were exported in Australia and Oceania; rising by X% compared with the year before. Over the period under review, exports recorded a tangible expansion. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, currant and gooseberry exports surged to $X in 2022. In general, exports posted a slight increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

New Zealand was the main exporting country with an export of about X tons, which accounted for X% of total exports. It was distantly followed by Australia (X tons), making up a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by New Zealand (with a CAGR of X%).

In value terms, the largest currant and gooseberry supplying countries in Australia and Oceania were New Zealand ($X) and Australia ($X).

In terms of the main exporting countries, Australia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Currant And Gooseberry Imports

Imports in Australia and Oceania

In 2022, the amount of currants and gooseberries imported in Australia and Oceania surged to X tons, increasing by X% compared with the previous year. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2019 when imports increased by X%. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, currant and gooseberry imports soared to $X in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia prevails in imports structure, amounting to X tons, which was approx. X% of total imports in 2022. It was distantly followed by Fiji (X kg), comprising an X% share of total imports. The following importers - New Caledonia (X kg), Samoa (X kg) and Papua New Guinea (X kg) - together made up X% of total imports.

Australia was also the fastest-growing in terms of the currants and gooseberries imports, with a CAGR of X.7% from 2012 to 2022. At the same time, Fiji (X%), New Caledonia (X%) and Samoa (X%) displayed positive paces of growth. Papua New Guinea experienced a relatively flat trend pattern. From 2012 to 2022, the share of Australia and Fiji increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported currants and gooseberries in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by Fiji ($X), with a X% share of total imports. It was followed by Samoa, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to X.4%. In the other countries, the average annual rates were as follows: Fiji (X% per year) and Samoa (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price posted a resilient expansion. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while New Caledonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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