Argentina: Canned Pineapple Market 2024

Canned Pineapple Market Size in Argentina

In 2022, the Argentinian canned pineapple market increased by 18% to $X, rising for the third year in a row after two years of decline. In general, consumption, however, saw a slight setback. Canned pineapple consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Canned Pineapple Production in Argentina

In value terms, canned pineapple production expanded modestly to $X in 2022 estimated in export price. In general, production saw a pronounced decline. The growth pace was the most rapid in 2013 when the production volume increased by 21% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Canned Pineapple Exports

Exports from Argentina

In 2022, after two years of decline, there was significant growth in shipments abroad of canned pineapples, when their volume increased by 73% to X kg. Over the period under review, exports, however, saw a significant curtailment. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, canned pineapple exports surged to $X in 2022. Overall, exports, however, saw a dramatic descent. The most prominent rate of growth was recorded in 2015 when exports increased by 40% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Uruguay (X kg), Mexico (X kg) and Angola (X kg) were the main destinations of canned pineapple exports from Argentina, with a combined 92% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Angola (with a CAGR of -6.9%), while the other leaders experienced a decline.

In value terms, Angola ($X) remains the key foreign market for canned pineapples exports from Argentina, comprising 75% of total exports. The second position in the ranking was taken by Uruguay ($X), with a 17% share of total exports. It was followed by Chile, with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Angola amounted to -3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-20.7% per year) and Chile (-40.2% per year).

Export Prices by Country

The average canned pineapple export price stood at $X per ton in 2022, dropping by -28.2% against the previous year. Over the period under review, the export price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2018 an increase of 30%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Mexico ($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 Angola (+3.9%), while the prices for the other major destinations experienced a decline.

Canned Pineapple Imports

Imports into Argentina

In 2022, overseas purchases of canned pineapples increased by 17% to X tons, rising for the second consecutive year after three years of decline. In general, imports, however, recorded a abrupt descent. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, canned pineapple imports surged to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Indonesia (X tons), Thailand (X tons) and Bolivia (X tons) were the main suppliers of canned pineapple imports to Argentina, with a combined 98% share of total imports. Brazil lagged somewhat behind, accounting for a further 2.4%.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +1,873.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Indonesia ($X), Thailand ($X) and Bolivia ($X) constituted the largest canned pineapple suppliers to Argentina, together comprising 98% of total imports. Brazil lagged somewhat behind, accounting for a further 2.4%.

Brazil, with a CAGR of +870.3%, 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 mixed trend patterns.

Import Prices by Country

The average canned pineapple import price stood at $X per ton in 2022, rising by 1.6% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, canned pineapple import price increased by +82.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 41% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Brazil ($X per ton) and Thailand ($X per ton), while the price for Bolivia ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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