U.S.: Currant And Gooseberry Market 2024

Currant And Gooseberry Market Size in the U.S.

The U.S. currant and gooseberry market surged to $X in 2022, jumping by X% against the previous year. In general, consumption showed a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Currant And Gooseberry Production in the U.S.

In value terms, currant and gooseberry production stood at $X in 2022. Over the period under review, production saw a dramatic contraction. The pace of growth appeared the most rapid in 2017 with a decrease of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of currants and gooseberries in the United States was estimated at less than X kg per ha, remaining relatively unchanged against the previous year. Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of currants and gooseberries were harvested in the United States; almost unchanged from the previous year's figure. In general, the harvested area saw a relatively flat trend pattern.

Currant And Gooseberry Exports

Exports from the U.S.

In 2022, the amount of currants and gooseberries exported from the United States declined markedly to X tons, reducing by X% on 2021. Over the period under review, exports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked at X tons in 2021, and then fell remarkably in the following year.

In value terms, currant and gooseberry exports fell remarkably to $X in 2022. Overall, exports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then fell markedly in the following year.

Exports by Country

Israel (X tons) was the main destination for currant and gooseberry exports from the United States, with a X% share of total exports. Moreover, currant and gooseberry exports to Israel exceeded the volume sent to the second major destination, Mexico (X tons), twofold. The third position in this ranking was held by Belgium (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Israel was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Belgium (X% per year).

In value terms, Israel ($X), Mexico ($X) and Belgium ($X) appeared to be the largest markets for currant and gooseberry exported from the United States worldwide, together accounting for X% of total exports.

Among the main countries of destination, Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, 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 2022, with a decrease of X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced a decline.

Currant And Gooseberry Imports

Imports into the U.S.

For the third consecutive year, the United States recorded growth in purchases abroad of currants and gooseberries, which increased by X% to X tons in 2022. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2016 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, currant and gooseberry imports skyrocketed to $X in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Colombia (X tons) was the main currant and gooseberry supplier to the United States, with a X% share of total imports. It was followed by Chile (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Colombia totaled X%.

In value terms, Colombia ($X) constituted the largest supplier of currants and gooseberries to the United States, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Colombia stood at X%.

Import Prices by Country

In 2022, the average currant and gooseberry import price amounted to $X per ton, remaining constant against the previous year. Overall, the import price recorded a pronounced downturn. The pace of growth appeared the most rapid in 2015 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while the price for Colombia totaled $X per ton.

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

Source: IndexBox Platform

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