Italy: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in Italy

The Italian pineapple juice (single strength) market rose rapidly to $X in 2021, increasing by 14% against the previous year. Over the period under review, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -1.6% against 2019 indices. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Production of Pineapple Juice (Single Strength) in Italy

In value terms, pineapple juice (single strength) production expanded remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 51%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Exports of Pineapple Juice (Single Strength)

Exports from Italy

In 2021, the amount of pineapple juice (single strength) exported from Italy contracted rapidly to X tons, falling by -33.3% on the year before. Over the period under review, exports showed a dramatic downturn. The pace of growth appeared the most rapid in 2017 with an increase of 107%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, pineapple juice (single strength) exports fell significantly to $X in 2021. In general, exports recorded a precipitous setback. The most prominent rate of growth was recorded in 2017 when exports increased by 74%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons), Albania (X tons) and Malta (X tons) were the main destinations of pineapple juice (single strength) exports from Italy, with a combined 40% share of total exports. China, Libya, Slovenia, Romania, Estonia, Greece, Hong Kong SAR, Luxembourg, Austria and Switzerland lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2021, the biggest increases were recorded for Luxembourg (with a CAGR of +166.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pineapple juice (single strength) exported from Italy were France ($X), Albania ($X) and Malta ($X), together accounting for 35% of total exports. These countries were followed by Libya, China, Hong Kong SAR, Slovenia, Switzerland, Romania, Luxembourg, Greece, Estonia and Austria, which together accounted for a further 41%.

In terms of the main countries of destination, Luxembourg, with a CAGR of +147.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average pineapple juice (single strength) export price amounted to $X per ton, picking up by 26% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2015 when the average export price increased by 50%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a 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 Switzerland ($X per ton), while the average price for exports to Slovenia ($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 Switzerland (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pineapple Juice (Single Strength)

Imports into Italy

In 2021, the amount of pineapple juice (single strength) imported into Italy surged to X tons, picking up by 30% on the year before. In general, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of 36% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, pineapple juice (single strength) imports soared to $X in 2021. Over the period under review, imports, however, saw a drastic downturn. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of pineapple juice (single strength) to Italy, accounting for a 51% share of total imports. Moreover, pineapple juice (single strength) imports from the Netherlands exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. Austria (X tons) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (+125.4% per year) and Austria (-20.0% per year).

In value terms, the Netherlands ($X), France ($X) and Austria ($X) constituted the largest pineapple juice (single strength) suppliers to Italy, together comprising 79% of total imports.

France, with a CAGR of +81.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average pineapple juice (single strength) import price stood at $X per ton in 2021, jumping by 21% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2017 when the average import price increased by 26% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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