Southern Asia: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in Southern Asia

After two years of growth, the South Asian pineapple juice (single strength) market decreased by -1.9% to $X in 2021. The market value increased at an average annual rate of +2.7% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Pineapple Juice (Single Strength) in Southern Asia

In value terms, pineapple juice (single strength) production fell slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when the production volume increased by 23%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Exports of Pineapple Juice (Single Strength)

Exports in Southern Asia

In 2021, overseas shipments of pineapple juice (single strength) increased by 27% to X tons for the first time since 2017, thus ending a three-year declining trend. The total export volume increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 40%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, pineapple juice (single strength) exports soared to $X in 2021. In general, exports, however, showed a slight decrease. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Nepal prevails in exports structure, accounting for X tons, which was approx. 95% of total exports in 2021. It was distantly followed by India (X tons), committing a 4.7% share of total exports.

Nepal was also the fastest-growing in terms of the pineapple juice (single strength) exports, with a CAGR of +1.1% from 2012 to 2021. India experienced a relatively flat trend pattern. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Nepal ($X) remains the largest pineapple juice (single strength) supplier in Southern Asia, comprising 89% of total exports. The second position in the ranking was held by India ($X), with a 9.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Nepal stood at -2.2%.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, increasing by 7.4% against the previous year. Overall, the export price, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2015 an increase of 22% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was India ($X per ton), while Nepal totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+0.9%).

Imports of Pineapple Juice (Single Strength)

Imports in Southern Asia

After two years of decline, supplies from abroad of pineapple juice (single strength) increased by 83% to X tons in 2021. Overall, imports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2018 when imports increased by 233% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, pineapple juice (single strength) imports soared to $X in 2021. Over the period under review, imports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2018 when imports increased by 191% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Maldives (X tons) was the key importer of pineapple juice (single strength), generating 55% of total imports. It was distantly followed by India (X tons), comprising a 36% share of total imports. Sri Lanka (X tons) and Bangladesh (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Sri Lanka (with a CAGR of +15.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Maldives ($X) and Sri Lanka ($X) were the countries with the highest levels of imports in 2021, with a combined 95% share of total imports.

In terms of the main importing countries, Sri Lanka, with a CAGR of +14.7%, recorded the highest rates of growth with regard to 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

In 2021, the import price in Southern Asia amounted to $X per ton, rising by 25% against the previous year. Overall, the import price, however, continues to indicate a pronounced slump. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, 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 ($X per ton), while Maldives ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+4.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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