Bangladesh: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in Bangladesh

The Bangladeshi pineapple juice (single strength) market shrank modestly to $X in 2022, with a decrease of X% against the previous year. Overall, consumption saw a perceptible curtailment. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Pineapple Juice (Single Strength) in Bangladesh

In value terms, pineapple juice (single strength) production contracted modestly to $X in 2022 estimated in export price. In general, production saw a noticeable decline. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

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Exports of Pineapple Juice (Single Strength)

Exports from Bangladesh

In 2022, overseas shipments of pineapple juice (single strength) were finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. Overall, exports, however, recorded a abrupt setback. The growth pace was the most rapid in 2013 when exports increased by X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, pineapple juice (single strength) exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Sierra Leone (X tons) was the main destination for pineapple juice (single strength) exports from Bangladesh, with a X% share of total exports. Moreover, pineapple juice (single strength) exports to Sierra Leone exceeded the volume sent to the second major destination, Singapore (X kg), sevenfold. The United Arab Emirates (X kg) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Sierra Leone stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (X% per year) and the United Arab Emirates (X% per year).

In value terms, Sierra Leone ($X) remains the key foreign market for pineapple juice (single strength) exports from Bangladesh, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Kuwait, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sierra Leone stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Kuwait (X% per year).

Export Prices by Country

The average pineapple juice (single strength) export price stood at $X per ton in 2022, stabilizing at the previous year. Over the period under review, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pineapple Juice (Single Strength)

Imports into Bangladesh

In 2022, overseas purchases of pineapple juice (single strength) increased by X% to X tons, rising for the fourth year in a row after two years of decline. In general, imports recorded a mild increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, pineapple juice (single strength) imports surged to $X in 2022. Overall, imports posted prominent growth. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Cyprus (X tons) constituted the largest supplier of pineapple juice (single strength) to Bangladesh, with a X% share of total imports. Moreover, pineapple juice (single strength) imports from Cyprus exceeded the figures recorded by the second-largest supplier, Thailand (X tons), fourfold. South Africa (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Cyprus amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and South Africa (X% per year).

In value terms, Cyprus ($X), Thailand ($X) and South Africa ($X) were the largest pineapple juice (single strength) suppliers to Bangladesh, together accounting for X% of total imports.

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

Import Prices by Country

The average pineapple juice (single strength) import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, import price indicated a pronounced increase 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) import price increased by X% against 2019 indices. The growth pace was the most rapid in 2016 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for Cyprus ($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 UK (X.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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