World - Pineapples - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
The U.S. Remains the Largest Market for Imported Pineapples
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IndexBox has just published a new report "World: Pineapples - Market Report. Analysis And Forecast To 2025". Here is a summary of the report’s key findings.
Global Pineapple Market Continues to Expand Moderately
In 2016, the global pineapple market grew to $X in wholesale prices. This figure reflects total revenue of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). There was a slight decline of market value by X% in 2009, which was followed by a robust growth through 2016. The global pineapple market reached X tonnes, growing by an average +X% per year over the last nine years. In the last year, the growth of pineapple consumption softened against its pace gained over the previous years.
The Asian Market Is the Main Driver Behind the Increasing Pineapple Consumption
Pineapple consumption will continue to grow at a moderate pace following rising income and population growth as well as marketing programmes aimed at promoting healthy, balanced nutrition. The main driver behind the growing pineapple consumption will be the dynamically developing Asian market (primarily China, Indonesia, India, Viet Nam and the Philippines) and Latin American markets (the Dominican Republic and Costa Rica), where thanks to sustainable urban growth and rising living standards, the demand for high-quality fruit will continue to grow. An increasing number of consumers are demanding fresh fruit, which is becoming possible due to development of storage technologies. An increasing demand for canned pineapples worldwide is also a factor, especially noticeable in the Philippines, Indonesia and China, which experienced a noticeable growth in canned pineapple exports over the recent years.
Driven by the anticipated growth of population and income level, the demand for high-quality fruit will continue to grow. On the other hand, growing popularity of healthy eating, using pineapples for products in "fast food" establishments, and for cooking worldwide should also support pineapple consumption over the next nine years. In addition, the development of e-commerce along with the development of storage technologies made fruit consumption more affordable and convenient. Therefore, the performance of the market is forecast to accelerate slightly, with an anticipated CAGR of +X% from 2016 to 2025, which is expected to bring the market volume to X tonnes by 2025.
Top X Consuming Countries – Brazil, the Philippines, Indonesia, India and China held X% of Pineapple Consumption
The countries with the highest consumption were Brazil (X% of the world total), the Philippines, Indonesia (X%, each), India (X%), China (X%), Nigeria, Thailand (X%, each), Costa Rica, the U.S. (X%, each), Angola, Mexico, Colombia, Ghana (X%, each), Viet Nam, the Dominican Republic (X%, each). The remaining countries made up X% of global pineapple market.
The highest annual growth rates of pineapples consumption from 2007 to 2016 were recorded in Ghana, with +X% growth, Angola, with +X%, the Dominican Republic and Costa Rica, with +X% and +X% growth, respectively. Consequently, Angola, Costa Rica, Ghana (+X percentage points, each) and the Dominican Republic (+X percentage points) strengthened its share in terms of the global consumption from 2007 to 2016. By contrast, shares of Brazil (-X percentage points) and Thailand (-X percentage points) declined over the period under review.
Amongst the leading consuming countries, high levels of per capita consumption were recorded in Costa Rica (X kg/year), Angola (X kg per year), the Philippines (X kg per year), Thailand (X kg per year), Brazil (X kg per year), which were significantly higher than the world average of X kg/year. In Costa Rica and Angola, per capita consumption grew rapidly from 2007-2016.
Pineapple Production Reached Its Highest Level over the Last Nine Years
Global production of pineapples reached X tonnes in 2016, with an upward dynamics over the last nine years. From 2007-2009, the volume of production remained relatively stable, which was followed by a tangible growth over the next three years. Afterwards, that upward trend decelerated slightly but remained positive through to 2016. An average annual growth rate of production volume was at +X% from 2007 to 2016.
Costa Rica, Brazil, the Philippines and Indonesia Remain the Main Producers of Pineapple
Costa Rica was the key world pineapple producing country with an output of about X tonnes in 2016, which accounted for X% of total global output. The other major producers were Brazil (X%), the Philippines (X%), Indonesia (X%), India (X%), China (X%), Nigeria (X%), Thailand (X%), Mexico (X%) and Angola (X%).
In Angola, production levels increased by +X% annually from 2007 to 2016, largely attributed to growth of harvested area. In Thailand, production levels decreased by -X% annually from 2007 to 2016, largely attributed to reduction of harvested area.
Most of the other major producing countries experienced a tangible growth of pineapples output. In 2007-2016 annual growth rates were especially high in Costa Rica (+X%), China (+X%), Nigeria (+X%), Indonesia (+X%), India (+X%).
About X% of Global Production Was Exported
Pineapples are a widely traded commodity, with the share of export in total global output stood about X% in 2007-2016. High trade intensity is determined mainly by the substantial distances between the main countries of pineapples manufacturing and key consuming countries.
Costa Rica Was the Largest Exporter of Pineapple Worldwide, Sending Abroad Approx. X% of Its Output
In 2016, the volume of global exports totaled X tonnes, with a mixed trend pattern over the last few years. After shrinkng by X% in 2009, it increased gradually over the next five years; in 2015, however, it dropped again, bouncing back in the following year.
Costa Rica (X% of global exports) and then the Philippines (X%), the Netherlands (X%), Belgium (X%), the U.S. (X%), Mexico (X%) and Ecuador (X%) were the main global suppliers of pineapples. From 2007 to 2016, Mexico (+X% per year) and the Philippines (+X% per year) were the fastest growing suppliers among the major exporters.
Despite being among the largest global producers of pineapples, Brazil, Indonesia, India and China did not export much of their production, meaning that it was consumed domestically. While the share of Costa Rica and the Philippines (+X percentage points, each) increased from 2007 to 2016, the share of Ecuador (-X percentage points) and Belgium (-X percentage points) illustrated a moderate contraction. The shares of the other countries remained relatively stable throughout the analyzed period.
The U.S. Remains the Largest Market for Imported Pineapples
The value of global imports of pineapples in 2016 stood at $X. There was an annual increase of +X% for the period from 2007 to 2016. In physical terms, imports of pineapples reached X tonnes in 2016, X tonnes (+X%) more than the year before.
Among the main importing countries, the U.S. was the largest importers of pineapples, with X% share of global imports. It was followed by the Netherlands (X%), Germany (X%), Spain (X%), the UK (X%), Japan (X%) and Italy (X%). All these countries (including the U.S.) together comprised X% of global pineapples imports.
The U.S. (+X% per year) was the fastest growing suppliers among the major exporters. It was followed by the Netherlands (+X%), Spain (+X%) and the UK (+X%). By contrast, Japan decreased by -X% from 2007 to 2016. The U.S. significantly strengthened its position in terms of the global imports from X% in 2007 to X% in 2016, while Japan reduced its share (-X percentage points). The shares of the other countries remained relatively stable throughout the analyzed period.
Do you want to know more about global pineapple market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- pineapple market share
- pineapple prices
- pineapple industry
- pineapple sales
- pineapple import
- pineapple export
- pineapple market forecast
- pineapple price forecast
- key pineapple producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global pineapple market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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