ASEAN: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in ASEAN

In 2022, the ASEAN pineapple juice (single strength) market decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Pineapple Juice (Single Strength) in ASEAN

In value terms, pineapple juice (single strength) production stood at $X in 2022 estimated in export price. Overall, production, however, recorded a slight descent. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Pineapple Juice (Single Strength)

Exports in ASEAN

In 2022, approx. X tons of pineapple juice (single strength) were exported in ASEAN; growing by X% against the previous year. In general, exports, however, continue to indicate a abrupt shrinkage. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, pineapple juice (single strength) exports skyrocketed to $X in 2022. Overall, exports, however, faced a abrupt curtailment. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Philippines represented the main exporter of pineapple juice (single strength) in ASEAN, with the volume of exports reaching X tons, which was approx. X% of total exports in 2022. It was distantly followed by Vietnam (X tons), Malaysia (X tons) and Thailand (X tons), together comprising a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to pineapple juice (single strength) exports from the Philippines stood at X%. At the same time, Vietnam (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. Malaysia experienced a relatively flat trend pattern. By contrast, Thailand (X%) illustrated a downward trend over the same period. While the share of Vietnam (X p.p.) and Malaysia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Thailand (X p.p.) and the Philippines (X p.p.) displayed negative dynamics.

In value terms, the Philippines ($X) emerged as the largest pineapple juice (single strength) supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Philippines stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and Malaysia (X% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, surging by X% against the previous year. Export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pineapple juice (single strength) export price increased by X% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in the Philippines ($X per ton) and Thailand ($X per ton), while Malaysia ($X per ton) and Vietnam ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Imports of Pineapple Juice (Single Strength)

Imports in ASEAN

In 2022, approx. X tons of pineapple juice (single strength) were imported in ASEAN; picking up by X% against the year before. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, pineapple juice (single strength) imports skyrocketed to $X in 2022. Total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2014; afterwards, it flattened through to 2022.

Imports by Country

In 2022, the Philippines (X tons) and Singapore (X tons) were the major importers of pineapple juice (single strength) in ASEAN, together recording near X% of total imports. Thailand (X tons) held the next position in the ranking, followed by Vietnam (X tons) and Cambodia (X tons). All these countries together took approx. X% share of total imports. The following importers - Indonesia (X tons) and Myanmar (X tons) - each accounted for a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pineapple juice (single strength) importing markets in ASEAN were the Philippines ($X), Singapore ($X) and Vietnam ($X), together comprising X% of total imports. Thailand, Cambodia, Indonesia and Myanmar lagged somewhat behind, together accounting for a further X%.

Thailand, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Myanmar ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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