MERCOSUR: Canned Pineapple Market 2024

Canned Pineapple Market Size in MERCOSUR

The MERCOSUR canned pineapple market rose to $X in 2022, picking up by 2% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Canned Pineapple Production in MERCOSUR

In value terms, canned pineapple production stood at $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 55% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Canned Pineapple Exports

Exports in MERCOSUR

In 2022, after three years of growth, there was significant decline in shipments abroad of canned pineapples, when their volume decreased by -18.1% to X tons. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 157% against the previous year. As a result, the exports attained the peak of X tons, and then contracted markedly in the following year.

In value terms, canned pineapple exports dropped notably to $X in 2022. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 169%. As a result, the exports attained the peak of $X, and then fell rapidly in the following year.

Exports by Country

Peru (X tons) and Brazil (X tons) were the largest exporters of canned pineapples in 2022, recording approx. 48% and 32% of total exports, respectively. It was distantly followed by Colombia (X tons) and Ecuador (X tons), together constituting a 20% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Peru (with a CAGR of +56.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Peru ($X) remains the largest canned pineapple supplier in MERCOSUR, comprising 58% of total exports. The second position in the ranking was taken by Brazil ($X), with a 23% share of total exports. It was followed by Colombia, with a 14% share.

From 2012 to 2022, the average annual growth rate of value in Peru stood at +56.6%. In the other countries, the average annual rates were as follows: Brazil (+22.8% per year) and Colombia (+10.6% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, reducing by -3.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2017 when the export price increased by 24%. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Peru ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+1.7%), while the other leaders experienced more modest paces of growth.

Canned Pineapple Imports

Imports in MERCOSUR

In 2022, supplies from abroad of canned pineapples increased by 17% to X tons, rising for the second year in a row after three years of decline. Overall, imports, however, recorded a mild setback. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, canned pineapple imports skyrocketed to $X in 2022. Total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.8% 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 +123.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Chile (X tons) and Argentina (X tons) prevails in imports structure, together making up 86% of total imports. It was distantly followed by Peru (X tons), making up a 7.9% share of total imports. Uruguay (X tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Peru (with a CAGR of +6.9%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Chile ($X), Argentina ($X) and Peru ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 94% of total imports.

In terms of the main importing countries, Peru, with a CAGR of +9.2%, recorded the highest rates of growth with regard to 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 import price in MERCOSUR stood at $X per ton in 2022, surging by 5.5% against the previous year. Import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, canned pineapple import price increased by +73.8% against 2019 indices. The pace of growth was the most pronounced in 2020 when the import price increased by 40% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Chile ($X per ton) and Uruguay ($X per ton), while Peru ($X per ton) and Argentina ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+5.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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