Ireland: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in Ireland

In 2021, the Irish pineapple juice (single strength) market increased by 303% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption continues to indicate a prominent increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Pineapple Juice (Single Strength) in Ireland

In value terms, pineapple juice (single strength) production dropped to $X in 2021 estimated in export price. Overall, production showed a slight reduction. The pace of growth appeared the most rapid in 2016 when the production volume increased by 35% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Pineapple Juice (Single Strength)

Exports from Ireland

In 2021, overseas shipments of pineapple juice (single strength) decreased by -63.1% to X tons for the first time since 2016, thus ending a four-year rising trend. Overall, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2014 with an increase of 138% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2020, and then fell significantly in the following year.

In value terms, pineapple juice (single strength) exports fell rapidly to $X in 2021. In general, exports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of 93%. The exports peaked at $X in 2020, and then fell dramatically in the following year.

Exports by Country

The UK (X tons) was the main destination for pineapple juice (single strength) exports from Ireland, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the UK totaled +12.6%.

In value terms, the UK ($X) also remains the key foreign market for pineapple juice (single strength) exports from Ireland.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK totaled +10.6%.

Export Prices by Country

In 2021, the average pineapple juice (single strength) export price amounted to $X per ton, rising by 19% against the previous year. Overall, the export price, however, continues to indicate a mild reduction. The growth pace was the most rapid in 2016 an increase of 30%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to -1.8% per year.

Imports of Pineapple Juice (Single Strength)

Imports into Ireland

In 2021, overseas purchases of pineapple juice (single strength) increased by 37% to X tons, rising for the fourth year in a row after four years of decline. In general, imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of 107% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, pineapple juice (single strength) imports skyrocketed to $X in 2021. Over the period under review, imports showed a resilient increase. The pace of growth appeared the most rapid in 2018 with an increase of 81% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, Costa Rica (X tons) constituted the largest supplier of pineapple juice (single strength) to Ireland, with a 55% share of total imports. Moreover, pineapple juice (single strength) imports from Costa Rica exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The UK (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Costa Rica amounted to +229.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+82.9% per year) and the UK (-5.7% per year).

In value terms, Costa Rica ($X) constituted the largest supplier of pineapple juice (single strength) to Ireland, comprising 55% of total imports. The second position in the ranking was held by the Netherlands ($X), with an 18% share of total imports. It was followed by the UK, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from Costa Rica stood at +286.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+79.6% per year) and the UK (-7.7% per year).

Import Prices by Country

The average pineapple juice (single strength) import price stood at $X per ton in 2021, dropping by -2.6% against the previous year. Over the period under review, the import price continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2014 an increase of 44%. As a result, import price reached the peak level of $X per ton. From 2015 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 Brazil ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Costa Rica (+17.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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