Southern Asia: Canned Pineapple Market 2024

Canned Pineapple Market Size in Southern Asia

The South Asian canned pineapple market shrank slightly to $X in 2022, which is down by -4.4% against the previous year. The total consumption indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -11.0% against 2019 indices. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Canned Pineapple Production in Southern Asia

In value terms, canned pineapple production dropped significantly to $X in 2022 estimated in export price. Over the period under review, production enjoyed slight growth. The pace of growth was the most pronounced in 2014 with an increase of 261% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Canned Pineapple Exports

Exports in Southern Asia

In 2022, the amount of canned pineapples exported in Southern Asia was estimated at X tons, approximately reflecting 2021. Overall, exports recorded a pronounced increase. The pace of growth appeared the most rapid in 2017 when exports increased by 132%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, canned pineapple exports soared to $X in 2022. In general, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 166% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Sri Lanka represented the largest exporting country with an export of about X tons, which accounted for 53% of total exports. India (X tons) held the second position in the ranking, distantly followed by Bangladesh (X tons). All these countries together held near 46% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Bangladesh (with a CAGR of +22.4%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Sri Lanka ($X) remains the largest canned pineapple supplier in Southern Asia, comprising 85% of total exports. The second position in the ranking was taken by India ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Sri Lanka stood at +7.3%. In the other countries, the average annual rates were as follows: India (+13.3% per year) and Bangladesh (+16.2% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, jumping by 15% against the previous year. Export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the export price increased by 70% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+8.1%), while the other leaders experienced a decline in the export price figures.

Canned Pineapple Imports

Imports in Southern Asia

In 2022, approx. X tons of canned pineapples were imported in Southern Asia; shrinking by -26.6% compared with the year before. Overall, imports recorded a perceptible downturn. The pace of growth was the most pronounced in 2017 when imports increased by 25%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, canned pineapple imports contracted notably to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 47%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Pakistan (X tons) represented the largest importer of canned pineapples, generating 59% of total imports. It was distantly followed by India (X tons) and Maldives (X tons), together making up a 37% share of total imports. Afghanistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to canned pineapple imports into Pakistan stood at -6.9%. At the same time, Afghanistan (+25.8%) and India (+9.6%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +25.8% from 2012-2022. By contrast, Maldives (-2.1%) illustrated a downward trend over the same period. India (+20 p.p.) and Afghanistan (+3 p.p.) significantly strengthened its position in terms of the total imports, while Pakistan saw its share reduced by -24.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X), Pakistan ($X) and Maldives ($X) were the countries with the highest levels of imports in 2022, with a combined 95% share of total imports. These countries were followed by Afghanistan, which accounted for a further 4.2%.

Afghanistan, with a CAGR of +26.6%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, rising by 14% against the previous year. Import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, canned pineapple import price increased by +23.1% against 2019 indices. The pace of growth was the most pronounced in 2016 when the import price increased by 39% against the previous year. The level of import peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+3.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :