Middle East: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in the Middle East

After two years of growth, the Middle Eastern pineapple juice (single strength) market decreased by -18.4% to $X in 2021. Over the period under review, consumption, however, saw strong growth. As a result, consumption reached the peak level of $X, and then fell dramatically in the following year.

Production of Pineapple Juice (Single Strength) in the Middle East

In value terms, pineapple juice (single strength) production expanded to $X in 2021 estimated in export price. Overall, production, however, saw a mild reduction. The pace of growth appeared the most rapid in 2017 when the production volume increased by 37% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Pineapple Juice (Single Strength)

Exports in the Middle East

In 2021, shipments abroad of pineapple juice (single strength) increased by 23% to X tons, rising for the second consecutive year after two years of decline. In general, exports recorded a pronounced expansion. The pace of growth was the most pronounced in 2020 when exports increased by 130% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, pineapple juice (single strength) exports skyrocketed to $X in 2021. Over the period under review, exports showed notable growth. The most prominent rate of growth was recorded in 2020 when exports increased by 93%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia represented the main exporter of pineapple juice (single strength) in the Middle East, with the volume of exports recording X tons, which was approx. 43% of total exports in 2021. Kuwait (X tons) held a 24% share (based on physical terms) of total exports, which put it in second place, followed by the United Arab Emirates (13%) and Turkey (13%). Lebanon (X tons) and Bahrain (X tons) took a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Kuwait (with a CAGR of +45.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest pineapple juice (single strength) supplying countries in the Middle East were Saudi Arabia ($X), Kuwait ($X) and Turkey ($X), with a combined 76% share of total exports.

Kuwait, with a CAGR of +42.3%, recorded the highest rates of growth with regard to 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 the Middle East amounted to $X per ton, picking up by 5.7% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 15%. Over the period under review, the export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+2.4%), while the other leaders experienced more modest paces of growth.

Imports of Pineapple Juice (Single Strength)

Imports in the Middle East

In 2021, after two years of growth, there was significant decline in overseas purchases of pineapple juice (single strength), when their volume decreased by -19.9% to X tons. In general, imports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of 300% against the previous year. As a result, imports attained the peak of X tons, and then dropped sharply in the following year.

In value terms, pineapple juice (single strength) imports contracted significantly to $X in 2021. Over the period under review, imports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2020 when imports increased by 412%. As a result, imports attained the peak of $X, and then shrank remarkably in the following year.

Imports by Country

Saudi Arabia represented the major importing country with an import of about X tons, which recorded 57% of total imports. The United Arab Emirates (X tons) took the second position in the ranking, distantly followed by Israel (X tons), Kuwait (X tons) and Qatar (X tons). All these countries together held approx. 35% share of total imports. Oman (X tons) followed a long way behind the leaders.

Imports into Saudi Arabia increased at an average annual rate of +18.9% from 2012 to 2021. At the same time, Qatar (+35.3%), the United Arab Emirates (+22.1%), Oman (+19.7%), Kuwait (+6.5%) and Israel (+3.3%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +35.3% from 2012-2021. Saudi Arabia (+29 p.p.), the United Arab Emirates (+11 p.p.) and Qatar (+4.4 p.p.) significantly strengthened its position in terms of the total imports, while Kuwait and Israel saw its share reduced by -1.9% and -4.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported pineapple juice (single strength) in the Middle East, comprising 66% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 15% share of total imports. It was followed by Israel, with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Saudi Arabia amounted to +26.9%. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (+19.1% per year) and Israel (-0.5% per year).

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per ton, rising by 2.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2020 an increase of 28% against the previous year. Over the period under review, import prices reached the peak figure in 2021 and is likely to continue growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+6.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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