Eastern Asia: Concentrated Pineapple Juice Market 2024

Concentrated Pineapple Juice Market Size in Eastern Asia

The East Asian concentrated pineapple juice market reduced to $X in 2022, dropping by -4.5% against the previous year. In general, consumption showed a noticeable descent. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Concentrated Pineapple Juice Production in Eastern Asia

In value terms, concentrated pineapple juice production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, recorded a deep setback. The pace of growth was the most pronounced in 2015 when the production volume increased by 411% 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 in Eastern Asia

In 2022, approx. X tons of concentrated pineapple juice were exported in Eastern Asia; with an increase of 57% compared with 2021. Overall, exports saw measured growth. The pace of growth appeared the most rapid in 2015 with an increase of 445% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, concentrated pineapple juice exports surged to $X in 2022. In general, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 588%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

China dominates exports structure, reaching X tons, which was near 94% of total exports in 2022. It was distantly followed by Taiwan (Chinese) (X tons), committing a 5% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to concentrated pineapple juice exports from China stood at +2.2%. At the same time, Taiwan (Chinese) (+20.0%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +20.0% from 2012-2022. Taiwan (Chinese) (+3.9 p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by -4.1% from 2012 to 2022, respectively.

In value terms, China ($X) remains the largest concentrated pineapple juice supplier in Eastern Asia, comprising 89% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 10% share of total exports.

In China, concentrated pineapple juice exports expanded at an average annual rate of +4.4% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, rising by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2015 an increase of 26% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.7%).

Concentrated Pineapple Juice Imports

Imports in Eastern Asia

In 2022, imports of concentrated pineapple juice in Eastern Asia dropped to X tons, reducing by -10.5% compared with 2021. Overall, imports saw a perceptible descent. The most prominent rate of growth was recorded in 2018 with an increase of 23% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, concentrated pineapple juice imports contracted slightly to $X in 2022. In general, imports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

Japan was the major importing country with an import of around X tons, which amounted to 69% of total imports. South Korea (X tons) held a 14% share (based on physical terms) of total imports, which put it in second place, followed by Taiwan (Chinese) (8.5%) and China (5.7%).

From 2012 to 2022, average annual rates of growth with regard to concentrated pineapple juice imports into Japan stood at -4.3%. At the same time, Taiwan (Chinese) (+2.6%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +2.6% from 2012-2022. By contrast, South Korea (-3.0%) and China (-6.4%) illustrated a downward trend over the same period. Taiwan (Chinese) (+4 p.p.) significantly strengthened its position in terms of the total imports, while China and Japan saw its share reduced by -1.8% and -4.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported concentrated pineapple juice in Eastern Asia, comprising 74% of total imports. The second position in the ranking was held by South Korea ($X), with a 15% share of total imports. It was followed by Taiwan (Chinese), with a 5.2% share.

In Japan, concentrated pineapple juice imports plunged by an average annual rate of -3.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (-0.5% per year) and Taiwan (Chinese) (+1.3% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, with an increase of 8.9% against the previous year. Import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, concentrated pineapple juice import price increased by +81.9% against 2018 indices. The pace of growth appeared the most rapid in 2019 when the import price increased by 20% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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