China: Concentrated Pineapple Juice Market 2024

Concentrated Pineapple Juice Market Size in China

The Chinese concentrated pineapple juice market contracted to $X in 2022, waning by -9.5% against the previous year. In general, consumption continues to indicate a abrupt slump. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Concentrated Pineapple Juice Production in China

In value terms, concentrated pineapple juice production surged to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt downturn. The growth pace was the most rapid in 2015 with an increase of 410% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Concentrated Pineapple Juice Exports

Exports from China

Concentrated pineapple juice exports from China soared to X tons in 2022, jumping by 57% on the year before. Over the period under review, exports posted a measured increase. The pace of growth was the most pronounced in 2015 when exports increased by 480% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, concentrated pineapple juice exports surged to $X in 2022. In general, exports posted a tangible increase. The most prominent rate of growth was recorded in 2015 when exports increased by 631% 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 lower figure.

Exports by Country

The Netherlands (X tons), Uzbekistan (X tons) and Vietnam (X tons) were the main destinations of concentrated pineapple juice exports from China, with a combined 73% share of total exports. Panama, Pakistan, Latvia and India lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Pakistan (with a CAGR of +92.3%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Uzbekistan ($X) and Vietnam ($X) appeared to be the largest markets for concentrated pineapple juice exported from China worldwide, with a combined 62% share of total exports. Panama, Pakistan, Latvia and India lagged somewhat behind, together comprising a further 28%.

Pakistan, with a CAGR of +80.0%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average concentrated pineapple juice export price amounted to $X per ton, growing by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2015 an increase of 26%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while the average price for exports to Uzbekistan ($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 Spain (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Pineapple Juice Imports

Imports into China

In 2022, the amount of concentrated pineapple juice imported into China dropped dramatically to X tons, declining by -17.7% on 2021 figures. In general, imports showed a deep reduction. The most prominent rate of growth was recorded in 2013 when imports increased by 256%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, concentrated pineapple juice imports shrank rapidly to $X in 2022. Overall, imports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 247% 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), Costa Rica (X tons) and Thailand (X tons) were the main suppliers of concentrated pineapple juice imports to China, together comprising 89% of total imports.

From 2012 to 2022, the biggest increases were recorded for Costa Rica (with a CAGR of +21.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest concentrated pineapple juice suppliers to China were Costa Rica ($X), Indonesia ($X) and Thailand ($X), with a combined 88% share of total imports.

In terms of the main suppliers, Costa Rica, with a CAGR of +28.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average concentrated pineapple juice import price stood at $X per ton in 2022, declining by -3.2% against the previous year. In general, the import price, however, posted a modest expansion. The most prominent rate of growth was recorded in 2016 an increase of 51% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Costa Rica ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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