China: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in China

After two years of growth, the Chinese pineapple juice (single strength) market decreased by -0.2% to $X in 2021. Over the period under review, consumption recorded a slight setback. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Pineapple Juice (Single Strength) in China

In value terms, pineapple juice (single strength) production stood at $X in 2021 estimated in export price. Overall, production, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2014 when the production volume increased by 104%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Exports of Pineapple Juice (Single Strength)

Exports from China

In 2021, overseas shipments of pineapple juice (single strength) decreased by -3.8% to X tons, falling for the third consecutive year after five years of growth. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2017 when exports increased by 3,688% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, pineapple juice (single strength) exports stood at $X in 2021. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 2,360%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for pineapple juice (single strength) exports from China, with a 46% share of total exports. Moreover, pineapple juice (single strength) exports to Saudi Arabia exceeded the volume sent to the second major destination, Mauritania (X tons), fourfold. Macao SAR (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Saudi Arabia totaled +212.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (0.0% per year) and Macao SAR (+151.6% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for pineapple juice (single strength) exports from China, comprising 44% of total exports. The second position in the ranking was taken by Ghana ($X), with a 16% share of total exports. It was followed by Macao SAR, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Saudi Arabia stood at +194.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (+146.6% per year) and Macao SAR (+119.4% per year).

Export Prices by Country

The average pineapple juice (single strength) export price stood at $X per ton in 2021, picking up by 15% against the previous year. In general, the export price posted a modest expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 65%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Ghana ($X per ton), while the average price for exports to Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+101.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pineapple Juice (Single Strength)

Imports into China

In 2021, overseas purchases of pineapple juice (single strength) decreased by -7.1% to X tons for the first time since 2016, thus ending a four-year rising trend. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2017 with an increase of 101% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020, and then declined in the following year.

In value terms, pineapple juice (single strength) imports stood at $X in 2021. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2013 when imports increased by 129% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Cyprus (X tons), Costa Rica (X tons) and Greece (X tons) were the main suppliers of pineapple juice (single strength) imports to China, together accounting for 91% of total imports.

From 2012 to 2021, the biggest increases were recorded for Greece (with a CAGR of +64.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Cyprus ($X), Costa Rica ($X) and Thailand ($X) constituted the largest pineapple juice (single strength) suppliers to China, with a combined 90% share of total imports. These countries were followed by Greece, which accounted for a further 3.4%.

Greece, with a CAGR of +62.1%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pineapple juice (single strength) import price stood at $X per ton in 2021, increasing by 12% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 40% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

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 Thailand ($X per ton), while the price for Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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