Africa: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in Africa

In 2021, after three years of growth, there was decline in the African pineapple juice (single strength) market, when its value decreased by -4% to $X. The market value increased at an average annual rate of +5.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2020, and then declined modestly in the following year.

Production of Pineapple Juice (Single Strength) in Africa

In value terms, pineapple juice (single strength) production dropped to $X in 2021 estimated in export price. The total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +25.3% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 56% against the previous year. The level of production peaked at $X in 2020, and then fell in the following year.

Exports of Pineapple Juice (Single Strength)

Exports in Africa

In 2021, shipments abroad of pineapple juice (single strength) increased by 44% to X tons, rising for the second consecutive year after two years of decline. In general, exports posted strong growth. The pace of growth was the most pronounced in 2017 when exports increased by 74%. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, pineapple juice (single strength) exports soared to $X in 2021. Over the period under review, exports posted prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 86% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

Benin was the largest exporting country with an export of around X tons, which accounted for 46% of total exports. It was distantly followed by Togo (X tons), Cote d'Ivoire (X tons) and Senegal (X tons), together constituting a 43% share of total exports. Madagascar (X tons), Burkina Faso (X tons) and South Africa (X tons) took a relatively small share of total exports.

Exports from Benin increased at an average annual rate of +47.8% from 2012 to 2021. At the same time, Togo (+495.1%), Senegal (+75.5%), Madagascar (+47.5%) and Cote d'Ivoire (+15.5%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing exporter exported in Africa, with a CAGR of +495.1% from 2012-2021. Burkina Faso experienced a relatively flat trend pattern. By contrast, South Africa (-24.6%) illustrated a downward trend over the same period. While the share of Benin (+42 p.p.), Togo (+21 p.p.), Senegal (+8.5 p.p.), Burkina Faso (+3.5 p.p.), Madagascar (+3.4 p.p.) and Cote d'Ivoire (+2.7 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of South Africa (-64.2 p.p.) displayed negative dynamics.

In value terms, Togo ($X), Benin ($X) and Cote d'Ivoire ($X) were the countries with the highest levels of exports in 2021, with a combined 75% share of total exports.

Togo, with a CAGR of +510.2%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Africa amounted to $X per ton, picking up by 1.7% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the export price increased by 18%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Madagascar ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Senegal (+5.9%), while the other leaders experienced more modest paces of growth.

Imports of Pineapple Juice (Single Strength)

Imports in Africa

In 2021, the amount of pineapple juice (single strength) imported in Africa expanded markedly to X tons, increasing by 13% on 2020 figures. Over the period under review, imports saw resilient growth. The pace of growth appeared the most rapid in 2017 when imports increased by 42% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, pineapple juice (single strength) imports amounted to $X in 2021. In general, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 40% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in years to come.

Imports by Country

The countries with the highest levels of pineapple juice (single strength) imports in 2021 were Nigeria (X tons), Senegal (X tons), Mali (X tons), Libya (X tons), Burkina Faso (X tons) and Niger (X tons), together reaching 72% of total import. The following importers - Guinea (X tons), Ghana (X tons), Guinea-Bissau (X tons), Central African Republic (X tons), Gambia (X tons) and Cabo Verde (X tons) - together made up 15% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Central African Republic (with a CAGR of +66.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), Senegal ($X) and Libya ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 54% share of total imports. Mali, Niger, Guinea, Burkina Faso, Guinea-Bissau, Ghana, Central African Republic, Gambia and Cabo Verde lagged somewhat behind, together accounting for a further 31%.

In terms of the main importing countries, Central African Republic, with a CAGR of +69.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per ton in 2021, declining by -2.8% against the previous year. Over the period under review, the import price showed a perceptible reduction. The most prominent rate of growth was recorded in 2016 when the import price increased by 4.1%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Central African Republic (+1.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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