Northern America: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in Northern America

In 2021, the North American pineapple juice (single strength) market increased by 43% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, saw a noticeable descent. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Pineapple Juice (Single Strength) in Northern America

In value terms, pineapple juice (single strength) production dropped remarkably to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the production volume increased by 47% against the previous year. As a result, production reached the peak level of $X, and then reduced rapidly in the following year.

Exports of Pineapple Juice (Single Strength)

Exports in Northern America

In 2021, after two years of decline, there was growth in shipments abroad of pineapple juice (single strength), when their volume increased by 3.8% to X tons. In general, exports, however, recorded a deep reduction. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, pineapple juice (single strength) exports soared to $X in 2021. Over the period under review, exports, however, saw a drastic downturn. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States was the key exporter of pineapple juice (single strength) in Northern America, with the volume of exports recording X tons, which was near 69% of total exports in 2021. It was distantly followed by Canada (X tons), generating a 31% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to pineapple juice (single strength) exports from the United States stood at -21.1%. Canada (-13.0%) illustrated a downward trend over the same period. Canada (+15 p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -15.2% from 2012 to 2021, respectively.

In value terms, the United States ($X) remains the largest pineapple juice (single strength) supplier in Northern America, comprising 77% of total exports. The second position in the ranking was taken by Canada ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the United States amounted to -15.4%.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, picking up by 18% against the previous year. Export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, pineapple juice (single strength) export price increased by +33.0% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+7.3%).

Imports of Pineapple Juice (Single Strength)

Imports in Northern America

In 2021, overseas purchases of pineapple juice (single strength) increased by 30% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 45%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, pineapple juice (single strength) imports surged to $X in 2021. Overall, imports, however, showed a abrupt downturn. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

The United States prevails in imports structure, accounting for X tons, which was approx. 94% of total imports in 2021. It was distantly followed by Canada (X tons), achieving a 5.7% share of total imports.

The United States was also the fastest-growing in terms of the pineapple juice (single strength) imports, with a CAGR of -3.9% from 2012 to 2021. Canada (-8.5%) illustrated a downward trend over the same period. The United States (+2.8 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -2.9% from 2012 to 2021, respectively.

In value terms, the United States ($X) constitutes the largest market for imported pineapple juice (single strength) in Northern America, comprising 93% of total imports. The second position in the ranking was taken by Canada ($X), with a 6.6% share of total imports.

In the United States, pineapple juice (single strength) imports contracted by an average annual rate of -5.7% over the period from 2012-2021.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, increasing by 15% against the previous year. Over the period under review, the import price, however, saw a mild reduction. The most prominent rate of growth was recorded in 2018 an increase of 25%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-0.2%).

Source: IndexBox Platform

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