Currant And Gooseberry Market in the United Arab Emirates
Market Overview
The currant and gooseberry market in the United Arab Emirates declined dramatically to $
in , reducing by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded notable growth. Over the period under review, the market attained the maximum level at $ in 2018; however, from 2019 to , consumption remained at a lower figure.
in , reducing by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded notable growth. Over the period under review, the market attained the maximum level at $ in 2018; however, from 2019 to , consumption remained at a lower figure.Consumption
Currant and gooseberry consumption in the United Arab Emirates shrank rapidly to tons in , falling by -% compared with . Overall, consumption, however, showed a modest expansion. Over the period under review, consumption attained the peak volume at tons in 2018; however, from 2019 to , consumption failed to regain momentum.
The revenue of the currant and gooseberry market in the United Arab Emirates declined markedly to $ in , with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, posted a pronounced increase. Over the period under review, the market reached the peak level at $ in 2018; however, from 2019 to , consumption stood at a somewhat lower figure.
tons in , falling by -% compared with . Overall, consumption, however, showed a modest expansion. Over the period under review, consumption attained the peak volume at tons in 2018; however, from 2019 to , consumption failed to regain momentum.The revenue of the currant and gooseberry market in the United Arab Emirates declined markedly to $
in , with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, posted a pronounced increase. Over the period under review, the market reached the peak level at $ in 2018; however, from 2019 to , consumption stood at a somewhat lower figure.Market Forecast
Driven by increasing demand for currants and gooseberries in the United Arab Emirates, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Currant and gooseberry market in the United Arab Emirates consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.Trade Balance
The United Arab Emirates remains a net importer of currant and gooseberry; in physical and value terms, imports consistently exceeded exports from 2012 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
Download XLSX
Download all the data in the form of a report