Portugal: Concentrated Pineapple Juice Market 2024

Concentrated Pineapple Juice Market Size in Portugal

The Portuguese concentrated pineapple juice market declined modestly to $X in 2021, approximately mirroring the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption faced a abrupt shrinkage. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Concentrated Pineapple Juice Exports

Exports from Portugal

In 2021, shipments abroad of concentrated pineapple juice was finally on the rise to reach X tons after two years of decline. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, concentrated pineapple juice exports surged to $X in 2021. Over the period under review, exports posted a significant expansion. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Spain (X tons) was the main destination for concentrated pineapple juice exports from Portugal, accounting for a 63% share of total exports. Moreover, concentrated pineapple juice exports to Spain exceeded the volume sent to the second major destination, Mozambique (X tons), threefold. The third position in this ranking was taken by the Netherlands (X tons), with a 7.5% share.

From 2012 to 2021, the average annual growth rate of volume to Spain totaled +72.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (+26.0% per year) and the Netherlands (+139.7% per year).

In value terms, Spain ($X) emerged as the key foreign market for concentrated pineapple juice exports from Portugal, comprising 57% of total exports. The second position in the ranking was taken by Mozambique ($X), with a 24% share of total exports. It was followed by the Netherlands, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain amounted to +53.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (+26.9% per year) and the Netherlands (+135.0% per year).

Export Prices by Country

In 2021, the average concentrated pineapple juice export price amounted to $X per ton, with an increase of 3.9% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 79%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Angola ($X per ton), while the average price for exports to Cabo Verde ($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 Cabo Verde (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Pineapple Juice Imports

Imports into Portugal

In 2021, purchases abroad of concentrated pineapple juice was finally on the rise to reach X tons after two years of decline. In general, imports, however, continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2014 with an increase of 61% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, concentrated pineapple juice imports soared to $X in 2021. Overall, imports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2014 when imports increased by 65% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of concentrated pineapple juice to Portugal, accounting for a 81% share of total imports. Moreover, concentrated pineapple juice imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Spain (X tons), fivefold. France (X tons) ranked third in terms of total imports with a 1.6% 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: Spain (-26.2% per year) and France (+16.3% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of concentrated pineapple juice to Portugal, comprising 85% of total imports. The second position in the ranking was taken by Spain ($X), with a 12% share of total imports. It was followed by Germany, with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-18.9% per year) and Germany (-6.8% per year).

Import Prices by Country

The average concentrated pineapple juice import price stood at $X per ton in 2021, jumping by 25% against the previous year. Over the period under review, the import price posted a resilient increase. The growth pace was the most rapid in 2016 when the average import price increased by 77%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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