United Kingdom: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in the UK

The UK pineapple juice (single strength) market reduced to $X in 2021, with a decrease of -9.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +2.2% 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 +43.4% against 2019 indices. As a result, consumption reached the peak level of $X, and then fell in the following year.

Exports of Pineapple Juice (Single Strength)

Exports from the UK

In 2021, after two years of growth, there was significant decline in overseas shipments of pineapple juice (single strength), when their volume decreased by -32.7% to X tons. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2015 with an increase of 160% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020, and then declined notably in the following year.

In value terms, pineapple juice (single strength) exports reduced to $X in 2021. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2015 when exports increased by 135% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Ireland (X tons) and France (X tons) were the main destinations of pineapple juice (single strength) exports from the UK.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +69.9%).

In value terms, Ireland ($X) and France ($X) were the largest markets for pineapple juice (single strength) exported from the UK worldwide.

France, with a CAGR of +76.2%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average pineapple juice (single strength) export price stood at $X per ton in 2021, rising by 27% against the previous year. Overall, the export price, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 53%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Ireland totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.7%).

Imports of Pineapple Juice (Single Strength)

Imports into the UK

After five years of growth, purchases abroad of pineapple juice (single strength) decreased by -33.4% to X tons in 2021. Overall, imports, however, continue to indicate a temperate increase. The growth pace was the most rapid in 2020 when imports increased by 75%. As a result, imports reached the peak of X tons, and then plummeted in the following year.

In value terms, pineapple juice (single strength) imports expanded rapidly to $X in 2021. Over the period under review, total imports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +64.5% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 54%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest pineapple juice (single strength) supplier to the UK, accounting for a 45% share of total imports. Moreover, pineapple juice (single strength) imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Costa Rica (X tons), twofold. Ireland (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands totaled +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (+12.3% per year) and Ireland (+33.1% per year).

In value terms, the largest pineapple juice (single strength) suppliers to the UK were the Netherlands ($X), Belgium ($X) and Costa Rica ($X), with a combined 74% share of total imports.

Belgium, with a CAGR of +84.6%, recorded 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 more modest paces of growth.

Import Prices by Country

In 2021, the average pineapple juice (single strength) import price amounted to $X per ton, surging by 68% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; afterwards, it flattened through to 2021.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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