Angola: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in Angola

In 2021, the Angolan pineapple juice (single strength) market decreased by -3.5% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +10.1% against 2018 indices. Pineapple juice (single strength) consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Production of Pineapple Juice (Single Strength) in Angola

In value terms, pineapple juice (single strength) production reduced to $X in 2021 estimated in export price. In general, the total production indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +15.6% against 2018 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by 135%. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Exports of Pineapple Juice (Single Strength)

Exports from Angola

In 2016, after two years of decline, there was significant decline in shipments abroad of pineapple juice (single strength), when their volume decreased by -78.9% to X kg. Over the period under review, exports recorded a dramatic setback. The exports peaked at X kg in 2015, and then declined rapidly in the following year.

In value terms, pineapple juice (single strength) exports declined dramatically to $X in 2016. In general, exports showed a sharp reduction. The exports peaked at $X in 2013; however, from 2014 to 2016, the exports stood at a somewhat lower figure.

Exports by Country

Cyprus (X kg) was the main destination for pineapple juice (single strength) exports from Angola, with a approx. 100% share of total exports.

From 2013 to 2016, the average annual growth rate of volume to Cyprus was relatively modest.

In value terms, Cyprus ($X) emerged as the key foreign market for pineapple juice (single strength) exports from Angola.

From 2013 to 2016, the average annual rate of growth in terms of value to Cyprus was relatively modest.

Export Prices by Country

In 2016, the average pineapple juice (single strength) export price amounted to $X per ton, picking up by 92% against the previous year. Over the period under review, the export price, however, saw a mild setback. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; afterwards, it flattened through to 2016.

As there is only one major export destination, the average price level is determined by prices for Cyprus.

From 2013 to 2016, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Pineapple Juice (Single Strength)

Imports into Angola

In 2021, supplies from abroad of pineapple juice (single strength) decreased by -59.7% to X tons, falling for the second consecutive year after two years of growth. In general, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2018 when imports increased by 222% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, pineapple juice (single strength) imports fell dramatically to $X in 2021. Overall, imports faced a significant contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 226%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Lebanon (X tons), Spain (X tons) and South Africa (X kg) were the main suppliers of pineapple juice (single strength) imports to Angola, with a combined 35% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of -17.8%), while imports for the other leaders experienced a decline.

In value terms, Spain ($X), Belgium ($X) and Portugal ($X) were the largest pineapple juice (single strength) suppliers to Angola, with a combined 26% share of total imports. These countries were followed by Lebanon, South Africa, Turkey and Bulgaria, which together accounted for a further 15%.

Turkey, with a CAGR of -19.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average pineapple juice (single strength) import price amounted to $X per ton, dropping by -15.3% against the previous year. Overall, the import price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2014 when the average import price increased by 21% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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