MENA: Concentrated Pineapple Juice Market 2024

Concentrated Pineapple Juice Market Size in MENA

The MENA's concentrated pineapple juice market contracted to $X in 2021, falling by -7.9% against the previous year. Over the period under review, consumption, however, saw a mild curtailment. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Concentrated Pineapple Juice Production in MENA

In value terms, concentrated pineapple juice production reached $X in 2021 estimated in export price. The total production indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +44.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 34%. Over the period under review, production attained the peak level in 2021 and is expected to retain growth in the near future.

Concentrated Pineapple Juice Exports

Exports in MENA

In 2021, the amount of concentrated pineapple juice exported in MENA skyrocketed to X tons, rising by 43% compared with the previous year's figure. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when exports increased by 87%. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, concentrated pineapple juice exports surged to $X in 2021. In general, exports, however, saw a slight descent. The growth pace was the most rapid in 2016 with an increase of 68% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Israel (X tons), Kuwait (X tons), Egypt (X tons) and the United Arab Emirates (X tons) represented roughly 77% of total exports in 2021. It was distantly followed by Jordan (X tons) and Saudi Arabia (X tons), together achieving a 17% share of total exports. Morocco (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Egypt (with a CAGR of +44.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest concentrated pineapple juice supplying countries in MENA were Israel ($X), Egypt ($X) and the United Arab Emirates ($X), together comprising 75% of total exports.

Egypt, with a CAGR of +44.5%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in MENA amounted to $X per ton, with a decrease of -2.8% against the previous year. Over the period under review, the export price showed a noticeable setback. The growth pace was the most rapid in 2020 when the export price increased by 39% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Israel ($X per ton), while Jordan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+0.4%), while the other leaders experienced a decline in the export price figures.

Concentrated Pineapple Juice Imports

Imports in MENA

In 2021, supplies from abroad of concentrated pineapple juice was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, showed a noticeable setback. The growth pace was the most rapid in 2013 with an increase of 30% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, concentrated pineapple juice imports dropped to $X in 2021. Overall, imports, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2015 when imports increased by 21% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

The purchases of the four major importers of concentrated pineapple juice, namely the United Arab Emirates, Israel, Iran and Saudi Arabia, represented more than half of total import. Algeria (X tons) ranks next in terms of the total imports with an 8.4% share, followed by Qatar (5.2%). The following importers - Kuwait (X tons), Oman (X tons), Morocco (X tons), Libya (X tons), Turkey (X tons), Bahrain (X tons) and Yemen (X tons) - together made up 19% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Qatar (with a CAGR of +52.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest concentrated pineapple juice importing markets in MENA were Iran ($X), the United Arab Emirates ($X) and Israel ($X), together comprising 51% of total imports. These countries were followed by Algeria, Saudi Arabia, Morocco, Turkey, Kuwait, Libya, Qatar, Yemen, Bahrain and Oman, which together accounted for a further 44%.

Qatar, with a CAGR of +52.3%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in MENA amounted to $X per ton, waning by -9.7% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 28% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Morocco ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Yemen (+8.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform