Spain: Concentrated Pineapple Juice Market 2024

Concentrated Pineapple Juice Market Size in Spain

In 2021, after two years of decline, there was significant growth in the Spanish concentrated pineapple juice market, when its value increased by 28% to $X. Over the period under review, consumption, however, recorded a pronounced slump. Concentrated pineapple juice consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Concentrated Pineapple Juice Exports

Exports from Spain

In 2021, after two years of growth, there was significant decline in shipments abroad of concentrated pineapple juice, when their volume decreased by -30.1% to X tons. Over the period under review, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2015 when exports increased by 71% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, concentrated pineapple juice exports declined to $X in 2021. Overall, exports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2015 with an increase of 117%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons), Algeria (X tons) and Finland (X tons) were the main destinations of concentrated pineapple juice exports from Spain, with a combined 49% share of total exports.

From 2012 to 2021, the biggest increases were in Finland (with a CAGR of +924.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Algeria ($X), Finland ($X) and Saudi Arabia ($X) appeared to be the largest markets for concentrated pineapple juice exported from Spain worldwide, with a combined 49% share of total exports.

Finland, with a CAGR of +986.2%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average concentrated pineapple juice export price stood at $X per ton in 2021, rising by 28% against the previous year. Overall, the export price recorded a prominent increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 97%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Chile ($X per ton), while the average price for exports to Guinea ($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 Chile (+37.3%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Pineapple Juice Imports

Imports into Spain

In 2021, imports of concentrated pineapple juice into Spain shrank to X tons, standing approx. at 2020 figures. Overall, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2018 when imports increased by 37%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, concentrated pineapple juice imports soared to $X in 2021. Over the period under review, imports showed a noticeable descent. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Thailand (X tons) and Indonesia (X tons) were the main suppliers of concentrated pineapple juice imports to Spain, together comprising 64% of total imports. Brazil, South Africa, Costa Rica, Kenya, the Philippines and Italy lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2021, the biggest increases were in Brazil (with a CAGR of +52.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest concentrated pineapple juice suppliers to Spain were the Netherlands ($X), Thailand ($X) and Indonesia ($X), with a combined 66% share of total imports. These countries were followed by Brazil, South Africa, Kenya, Costa Rica, the Philippines and Italy, which together accounted for a further 31%.

In terms of the main suppliers, Brazil, with a CAGR of +48.8%, 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 average concentrated pineapple juice import price stood at $X per ton in 2021, picking up by 34% against the previous year. Overall, import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, concentrated pineapple juice import price increased by +78.9% against 2019 indices. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Italy ($X per ton) and Indonesia ($X per ton), while the price for Costa Rica ($X per ton) and the Philippines ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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