Indonesia: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in Indonesia

In 2021, after two years of growth, there was decline in the Indonesian pineapple juice (single strength) market, when its value decreased by -2.6% to $X. In general, consumption showed a slight descent. Pineapple juice (single strength) consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Production of Pineapple Juice (Single Strength) in Indonesia

In value terms, pineapple juice (single strength) production dropped modestly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2013 when the production volume increased by 21%. Pineapple juice (single strength) production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Exports of Pineapple Juice (Single Strength)

Exports from Indonesia

In 2021, approx. X tons of pineapple juice (single strength) were exported from Indonesia; growing by 46% against the year before. In general, exports, however, saw a sharp decline. The most prominent rate of growth was recorded in 2014 with an increase of 115% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, pineapple juice (single strength) exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a sharp reduction. The pace of growth appeared the most rapid in 2014 with an increase of 105%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for pineapple juice (single strength) exports from Indonesia, accounting for a 57% share of total exports. Moreover, pineapple juice (single strength) exports to the United States exceeded the volume sent to the second major destination, Saudi Arabia (X tons), threefold. Spain (X tons) ranked third in terms of total exports with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to -28.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+82.3% per year) and Spain (-13.5% per year).

In value terms, Saudi Arabia ($X), the United States ($X) and Germany ($X) were the largest markets for pineapple juice (single strength) exported from Indonesia worldwide, together comprising 86% of total exports.

Saudi Arabia, with a CAGR of +65.0%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average pineapple juice (single strength) export price stood at $X per ton in 2021, waning by -9.3% against the previous year. Over the period under review, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 an increase of 17%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to the Netherlands ($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 France (-4.1%), while the prices for the other major destinations experienced a decline.

Imports of Pineapple Juice (Single Strength)

Imports into Indonesia

In 2021, pineapple juice (single strength) imports into Indonesia dropped notably to X tons, shrinking by -18.5% compared with the previous year's figure. Overall, imports saw a noticeable slump. The most prominent rate of growth was recorded in 2019 with an increase of 39%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, pineapple juice (single strength) imports stood at $X in 2021. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 56%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Austria (X tons) constituted the largest pineapple juice (single strength) supplier to Indonesia, accounting for a 42% share of total imports. Moreover, pineapple juice (single strength) imports from Austria exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold. The third position in this ranking was held by the Philippines (X kg), with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Austria amounted to -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-4.0% per year) and the Philippines (-3.9% per year).

In value terms, Austria ($X) constituted the largest supplier of pineapple juice (single strength) to Indonesia, comprising 46% of total imports. The second position in the ranking was held by Turkey ($X), with a 6.9% share of total imports. It was followed by the Philippines, with a 2.4% share.

From 2012 to 2021, the average annual growth rate of value from Austria amounted to -1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-1.6% per year) and the Philippines (-1.4% per year).

Import Prices by Country

In 2021, the average pineapple juice (single strength) import price amounted to $X per ton, with an increase of 24% against the previous year. Over the last nine years, it increased at an average annual rate of +3.9%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 33%. The import price peaked in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Turkey ($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 (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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