Currant price

Currant

Currant is a type of shrub that belongs to the gooseberry family. It is of the Ribes genus. Currant is most commonly harvested for its juicy berries of the same name which are then further proceeded and turned into jellies, jams, and many other preserves as well as used chiefly.

The plant naturally occurs in more than 100 species all over the world. It is native to the region of temperate climates of the Nothern Hemisphere and Western South America. They are also quite popular in North America, especially in the regions of the Rocky Mountains. It is believed that currants have been cultivated sometime before 1600 in the Netherlands, Denmark, and in the regions around the Baltic Sea. It was then taken to America by early settlement. Native North American cultivars were undercovered later.

The fruit occurs in two main colors red and black and is widely used for making jams, jellies, tarts, and pies. Black currants are also used as a seasoning and sometimes turn into various beverages. They contain lots of vitamin C and are an excellent source of iron, phosphorus, and calcium. Black currants are widely cultivated in Great Britain.

Currants contain lots of antioxidants such as anthocyanins. This compound is responsible for the dark color of the berries and helps to fight free radicals. Black currants contain one of the highest antioxidant values for fruit. They support natural immunology as well as reduce inflammation. Thanks to various vitamins they also are beneficial for the condition of the eyes and eyesight.

According to various sources, the largest producer of currants is Russia. Each year Russia produces up to 398000 tonnes of this fruit. The second-largest production takes place in Poland and Ukraine. Almost 662586 tonnes of currant are produced worldwide each year. The least prominent production takes place in Slovenia (5000 tonnes), Greece (8000 tonnes) and Japan (9000 tonnes). Russia produces up to 60.1% of the global total, and 89.4% of the global total is produced by the top 3 leading countries.

Global currant production

Global production of currants is forecast to reach 1.6 million tonnes in 2020/21, up from 1.5 million tonnes in 2019/20. This increase is driven by higher production in Turkey, Greece, and Chile. Turkey is expected to produce 700,000 tonnes of currants in 2020/21, up from 650,000 tonnes in 2019/20. The country has benefitted from improved weather conditions and increased planted area. Greece is forecast to produce 450,000 tonnes of currants in 2020/21, up from 400,000 tonnes in 2019/20. The country has seen an increase in planted areas as well as favorable weather conditions. Chile is expected to produce 350,000 tonnes of currants in 2020/21, up from 300,000 tonnes in 2019/20. The country has also seen increased planted areas and favorable weather conditions. Global demand for currants is forecast to reach 1.5 million tonnes in 2020/21, up from 1.4 million tonnes in 2019/20. This increase is driven by higher demand from the food and beverage industry. The food and beverage industry is expected to account for 1.3 million tonnes of global current demand in 2020/21, up from 1.2 million tonnes in 2019/20. The cosmetics and personal care industry is forecast to account for the remaining 200,000 tonnes of global current demand in 2020/21, up from 150,000 tonnes in 2019/20. The global currant market is forecast to reach a value of $2.3 billion in 2020/21, up from $2.1 billion in 2019/20. This increase is driven by higher prices and increased demand from the food and beverage industry. The food and beverage industry is expected to account for $2.0 billion of the global currant market value in 2020/21, up from $1.8 billion in 2019/20. The cosmetics and personal care industry is forecast to account for the remaining $300 million of the global currant market value in 2020/21, up from $200 million in 2019/20.