Asia: Pineapple Market 2024

Pineapple Market Size in Asia

The Asian pineapple market reached $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Pineapple Production in Asia

In value terms, pineapple production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

The countries with the highest volumes of production in 2022 were the Philippines (X tons), Indonesia (X tons) and China (X tons), with a combined X% share of total production.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by China (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average pineapple yield stood at X tons per ha in 2022, approximately reflecting the year before. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the pineapple yield hit record highs at X tons per ha in 2020; however, from 2021 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of pineapples production in Asia declined slightly to X ha, waning by X% compared with the year before. In general, the harvested area saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. The level of harvested area peaked at X ha in 2018; however, from 2019 to 2022, the harvested area stood at a somewhat lower figure.

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Pineapple Exports

Exports in Asia

In 2022, shipments abroad of pineapples was finally on the rise to reach X tons after two years of decline. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pineapple exports surged to $X in 2022. Over the period under review, exports showed strong growth. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The Philippines dominates exports structure, amounting to X tons, which was near X% of total exports in 2022. Thailand (X tons) ranks second in terms of the total exports with an X% share, followed by the United Arab Emirates (X%) and Taiwan (Chinese) (X%). Malaysia (X tons), Indonesia (X tons) and India (X tons) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to pineapple exports from the Philippines stood at X%. At the same time, Indonesia (X%), the United Arab Emirates (X%), Thailand (X%), Taiwan (Chinese) (X%) and India (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) illustrated a downward trend over the same period. While the share of Thailand (X p.p.), the United Arab Emirates (X p.p.), Taiwan (Chinese) (X p.p.) and Indonesia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Philippines (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Philippines ($X) remains the largest pineapple supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

In the Philippines, pineapple exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price saw a resilient expansion. The most prominent rate of growth was recorded in 2019 an increase of X%. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Pineapple Imports

Imports in Asia

In 2022, approx. X tons of pineapples were imported in Asia; increasing by X% against the previous year. Total imports indicated a notable expansion from 2012 to 2022: its volume 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 2020 indices. The pace of growth was the most pronounced in 2013 when imports increased by X%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, pineapple imports rose significantly to $X in 2022. Total imports indicated a strong expansion 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 2020 indices. The pace of growth appeared the most rapid in 2014 when imports increased by X%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) and Japan (X tons) were the major importers of pineapples in Asia, together recording approx. X% of total imports. South Korea (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by the United Arab Emirates (X%). The following importers - Saudi Arabia (X tons), Turkey (X tons), Singapore (X tons), Israel (X tons) and Hong Kong SAR (X tons) - together made up X% of total imports.

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

In value terms, the largest pineapple importing markets in Asia were China ($X), Japan ($X) and South Korea ($X), with a combined X% share of total imports. The United Arab Emirates, Saudi Arabia, Israel, Hong Kong SAR, Singapore and Turkey lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Israel, with a CAGR of X%, saw 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

In 2022, the import price in Asia amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2015 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

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

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

Source: IndexBox Platform

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