Ukraine: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in Ukraine

The Ukrainian pineapple juice (single strength) market expanded rapidly to $X in 2021, rising by 11% against the previous year. In general, the total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +87.9% against 2015 indices. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in the near future.

Production of Pineapple Juice (Single Strength) in Ukraine

In value terms, pineapple juice (single strength) production skyrocketed to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 44%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Exports of Pineapple Juice (Single Strength)

Exports from Ukraine

Pineapple juice (single strength) exports from Ukraine fell remarkably to X kg in 2021, with a decrease of -42.4% against the year before. Overall, exports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2015 with an increase of 1,063%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, pineapple juice (single strength) exports declined rapidly to $X in 2021. Over the period under review, exports faced a significant contraction. The growth pace was the most rapid in 2015 when exports increased by 696% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Greece (X kg), the United States (X kg) and Japan (X kg) were the main destinations of pineapple juice (single strength) exports from Ukraine, together comprising 46% of total exports.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +72.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pineapple juice (single strength) exported from Ukraine were Greece ($X), Japan ($X) and Taiwan (Chinese) ($X), with a combined 45% share of total exports.

Japan, with a CAGR of +74.7%, recorded the highest growth rate of the value of exports, among 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 pineapple juice (single strength) export price stood at $X per ton in 2021, with an increase of 36% against the previous year. In general, export price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while the average price for exports to the United States ($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 Togo (+37.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pineapple Juice (Single Strength)

Imports into Ukraine

In 2021, overseas purchases of pineapple juice (single strength) increased by 15% to X tons, rising for the sixth consecutive year after two years of decline. In general, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2017 when imports increased by 148% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, pineapple juice (single strength) imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2017 with an increase of 106% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Spain (X tons) constituted the largest pineapple juice (single strength) supplier to Ukraine, accounting for a 45% share of total imports. Moreover, pineapple juice (single strength) imports from Spain exceeded the figures recorded by the second-largest supplier, Belarus (X tons), twofold. The Philippines (X tons) ranked third in terms of total imports with a 19% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at +124.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+80.9% per year) and the Philippines (+17.4% per year).

In value terms, Spain ($X) constituted the largest supplier of pineapple juice (single strength) to Ukraine, comprising 50% of total imports. The second position in the ranking was held by the Philippines ($X), with a 19% share of total imports. It was followed by Belarus, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Spain stood at +132.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (+16.1% per year) and Belarus (+83.6% per year).

Import Prices by Country

In 2021, the average pineapple juice (single strength) import price amounted to $X per ton, growing by 5% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 15% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Belarus ($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 (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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