Australia and Oceania: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in Australia and Oceania

In 2021, the pineapple juice (single strength) market in Australia and Oceania was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Pineapple Juice (Single Strength) in Australia and Oceania

In value terms, pineapple juice (single strength) production amounted to $X in 2021 estimated in export price. In general, production recorded a mild curtailment. The pace of growth was the most pronounced in 2018 when the production volume increased by 20%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Exports of Pineapple Juice (Single Strength)

Exports in Australia and Oceania

In 2021, pineapple juice (single strength) exports in Australia and Oceania shrank significantly to X tons, dropping by -67.2% on 2020 figures. In general, exports showed a deep downturn. The growth pace was the most rapid in 2013 when exports increased by 48%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, pineapple juice (single strength) exports contracted remarkably to $X in 2021. Over the period under review, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2013 with an increase of 55% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Australia prevails in exports structure, reaching X tons, which was approx. 98% of total exports in 2021. New Zealand (X tons) held a relatively small share of total exports.

Exports from Australia decreased at an average annual rate of -14.8% from 2012 to 2021. New Zealand (-10.7%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest pineapple juice (single strength) supplier in Australia and Oceania, comprising 96% of total exports. The second position in the ranking was held by New Zealand ($X), with a 2.9% share of total exports.

In Australia, pineapple juice (single strength) exports shrank by an average annual rate of -15.6% over the period from 2012-2021.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, with an increase of 1.9% against the previous year. Over the period under review, the export price, however, showed a mild contraction. The pace of growth was the most pronounced in 2016 an increase of 18% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (-0.9%).

Imports of Pineapple Juice (Single Strength)

Imports in Australia and Oceania

Pineapple juice (single strength) imports declined remarkably to X tons in 2021, shrinking by -20% on the year before. Overall, imports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 28% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, pineapple juice (single strength) imports dropped to $X in 2021. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of 35% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Australia represented the major importing country with an import of around X tons, which recorded 53% of total imports. New Zealand (X tons) took a 20% share (based on physical terms) of total imports, which put it in second place, followed by New Caledonia (14%) and Papua New Guinea (6.4%). Vanuatu (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to pineapple juice (single strength) imports into Australia stood at -3.1%. At the same time, New Caledonia (+5.8%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +5.8% from 2012-2021. Vanuatu experienced a relatively flat trend pattern. By contrast, Papua New Guinea (-1.6%) and New Zealand (-5.3%) illustrated a downward trend over the same period. New Caledonia (+7.5 p.p.) significantly strengthened its position in terms of the total imports, while New Zealand saw its share reduced by -4.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported pineapple juice (single strength) in Australia and Oceania, comprising 57% of total imports. The second position in the ranking was held by New Zealand ($X), with a 19% share of total imports. It was followed by New Caledonia, with a 14% share.

In Australia, pineapple juice (single strength) imports declined by an average annual rate of -3.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (-12.2% per year) and New Caledonia (+3.7% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, surging by 20% against the previous year. In general, the import price, however, continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2016 when the import price increased by 23%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (-0.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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