United Kingdom: Concentrated Pineapple Juice Market 2024

Concentrated Pineapple Juice Market Size in the UK

In 2021, the UK concentrated pineapple juice market increased by 26% to $X, rising for the second year in a row after three years of decline. In general, consumption, however, continues to indicate a abrupt setback. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Concentrated Pineapple Juice Exports

Exports from the UK

In 2021, approx. X tons of concentrated pineapple juice were exported from the UK; declining by -94.4% on 2020. In general, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2019 with an increase of 519%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, concentrated pineapple juice exports dropped rapidly to $X in 2021. Overall, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2019 when exports increased by 272% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then reduced dramatically in the following year.

Exports by Country

Ireland (X tons), Poland (X tons) and Spain (X tons) were the main destinations of concentrated pineapple juice exports from the UK, with a combined 91% share of total exports. These countries were followed by the Netherlands, which accounted for a further 4.8%.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +44.7%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Ireland ($X) emerged as the key foreign market for concentrated pineapple juice exports from the UK, comprising 51% of total exports. The second position in the ranking was held by Poland ($X), with a 22% share of total exports. It was followed by Spain, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Ireland stood at -10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+3.2% per year) and Spain (-4.1% per year).

Export Prices by Country

In 2021, the average concentrated pineapple juice export price amounted to $X per ton, growing by 9.4% against the previous year. In general, export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, concentrated pineapple juice export price increased by +89.8% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 74% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Spain ($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 Portugal (+27.6%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Pineapple Juice Imports

Imports into the UK

For the fifth consecutive year, the UK recorded decline in purchases abroad of concentrated pineapple juice, which decreased by -2.9% to X tons in 2021. Overall, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2016 when imports increased by 22%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, concentrated pineapple juice imports expanded rapidly to $X in 2021. Over the period under review, imports saw a pronounced decrease. The most prominent rate of growth was recorded in 2016 with an increase of 55%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Thailand (X tons) and Indonesia (X tons) were the main suppliers of concentrated pineapple juice imports to the UK, with a combined 68% share of total imports.

From 2012 to 2021, the biggest increases were in Indonesia (with a CAGR of +12.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest concentrated pineapple juice suppliers to the UK were the Netherlands ($X), Indonesia ($X) and Thailand ($X), together comprising 71% of total imports.

Indonesia, with a CAGR of +15.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average concentrated pineapple juice import price stood at $X per ton in 2021, jumping by 17% against the previous year. In general, import price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine-year period. 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 +64.4% against 2018 indices. The growth pace was the most rapid in 2015 when the average import price increased by 44% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Spain ($X per ton), while the price for Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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