South-Eastern Asia: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in South-Eastern Asia

After two years of growth, the Southeast Asian pineapple juice (single strength) market decreased by -1.2% to $X in 2021. Overall, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Pineapple Juice (Single Strength) in South-Eastern Asia

In value terms, pineapple juice (single strength) production fell modestly to $X in 2021 estimated in export price. In general, production showed a noticeable reduction. The pace of growth appeared the most rapid in 2019 with an increase of 23%. The level of production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Pineapple Juice (Single Strength)

Exports in South-Eastern Asia

Pineapple juice (single strength) exports dropped significantly to X tons in 2021, which is down by -17.7% against the previous year. Over the period under review, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by 85%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, pineapple juice (single strength) exports expanded rapidly to $X in 2021. In general, exports faced a significant contraction. The most prominent rate of growth was recorded in 2015 with an increase of 48% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2021, Thailand (X tons) and Vietnam (X tons) were the major exporters of pineapple juice (single strength) in South-Eastern Asia, together resulting at approx. 69% of total exports. It was distantly followed by Malaysia (X tons), the Philippines (X tons) and Indonesia (X tons), together mixing up a 30% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +7.2%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest pineapple juice (single strength) supplying countries in South-Eastern Asia were Thailand ($X), Vietnam ($X) and Malaysia ($X), with a combined 88% share of total exports.

Vietnam, with a CAGR of +9.2%, 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 a decline in the exports figures.

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, jumping by 30% against the previous year. Overall, the export price, however, saw a mild decrease. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+3.8%), while the other leaders experienced more modest paces of growth.

Imports of Pineapple Juice (Single Strength)

Imports in South-Eastern Asia

After four years of decline, purchases abroad of pineapple juice (single strength) increased by 24% to X tons in 2021. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 35% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, pineapple juice (single strength) imports soared to $X in 2021. Total imports indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +50.3% against 2019 indices. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Singapore (X tons) and the Philippines (X tons) were the major importers of pineapple juice (single strength) in 2021, reaching near 28% and 21% of total imports, respectively. It was distantly followed by Malaysia (X tons), Vietnam (X tons), Cambodia (X tons), Brunei Darussalam (X tons) and Myanmar (X tons), together generating a 42% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Myanmar (with a CAGR of +62.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pineapple juice (single strength) importing markets in South-Eastern Asia were Singapore ($X), the Philippines ($X) and Vietnam ($X), together comprising 71% of total imports. Malaysia, Cambodia, Brunei Darussalam and Myanmar lagged somewhat behind, together comprising a further 20%.

In terms of the main importing countries, Myanmar, with a CAGR of +56.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2021, growing by 21% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Philippines ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+1.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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