Brazil: Overview of the Market for Pineapple Juice (Single Strength) 2021

Market Size for Pineapple Juice (Single Strength) in Brazil

In 2019, the Brazilian pineapple juice (single strength) market was finally on the rise to reach $X after six years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Pineapple Juice (Single Strength) in Brazil

In value terms, pineapple juice (single strength) production skyrocketed to $X in 2019 estimated in export prices. In general, the total production indicated a noticeable expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Pineapple Juice (Single Strength)

Exports from Brazil

Pineapple juice (single strength) exports from Brazil reduced remarkably to X tonnes in 2019, which is down by -X% compared with the year before. Over the period under review, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2009 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2017; however, from 2018 to 2019, exports remained at a lower figure.

In value terms, pineapple juice (single strength) exports plummeted to $X in 2019. Overall, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. As a result, exports reached the peak of $X. From 2010 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Belgium (X tonnes), Germany (X tonnes) and Spain (X tonnes) were the main destinations of pineapple juice (single strength) exports from Brazil, together comprising X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium, while exports for the other leaders experienced a decline.

In value terms, the largest markets for pineapple juice (single strength) exported from Brazil were Belgium ($X), Germany ($X) and Portugal ($X), with a combined X% share of total exports.

Belgium saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2019, the average pineapple juice (single strength) export price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2010 to 2019, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Portugal ($X per tonne), while the average price for exports to Germany ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pineapple Juice (Single Strength)

Imports into Brazil

For the fourth consecutive year, Brazil recorded decline in purchases abroad of pineapple juice (single strength), which decreased by -X% to X tonnes in 2019. Over the period under review, imports showed a sharp decline. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, pineapple juice (single strength) imports declined remarkably to $X in 2019. In general, imports recorded a dramatic downturn. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Costa Rica (X tonnes) constituted the largest supplier of pineapple juice (single strength) to Brazil, with a X% share of total imports. Moreover, pineapple juice (single strength) imports from Costa Rica exceeded the figures recorded by the second-largest supplier, Turkey (X tonnes), sevenfold. South Korea (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Costa Rica stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and South Korea (-X% per year).

In value terms, Costa Rica ($X) constituted the largest supplier of pineapple juice (single strength) to Brazil, comprising X% of total imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2007 to 2019, the average annual growth rate of value from Costa Rica totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and Turkey (-X% per year).

Import Prices by Country

In 2019, the average pineapple juice (single strength) import price amounted to $X per tonne, almost unchanged from the previous year. In general, import price indicated a modest expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, pineapple juice (single strength) import price decreased by -X% against 2011 indices. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was South Korea ($X per tonne), while the price for Portugal ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pineapple juice (single strength) in the world?

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The countries with the highest volumes of pineapple juice (single strength) consumption in 2019 were Thailand (197K tonnes), Indonesia (197K tonnes) and the Philippines (154K tonnes), with a combined 47% share of global consumption. These countries were followed by Brazil, Angola, China, India, France, the U.S., Malaysia, Belgium, Germany and Spain, which together accounted for a further 36%.

What are the largest producers of pineapple juice (single strength) in the world?

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The countries with the highest volumes of pineapple juice (single strength) production in 2019 were Thailand (203K tonnes), Indonesia (198K tonnes) and the Philippines (163K tonnes), together comprising 49% of global production. These countries were followed by Costa Rica, Brazil, Angola, China, India, Malaysia, Kenya and Australia, which together accounted for a further 39%.

What are the leading suppliers of pineapple juice (single strength) to Brazil?

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In value terms, Costa Rica ($5.4K) constituted the largest supplier of pineapple juice (single strength) to Brazil, comprising 65% of total imports. The second position in the ranking was occupied by South Korea ($1.3K), with a 16% share of total imports. It was followed by Turkey, with a 11% share.

What are the leading importers of pineapple juice (single strength) from Brazil?

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In value terms, the largest markets for pineapple juice (single strength) exported from Brazil were Belgium ($12K), Germany ($8.1K) and Portugal ($5.9K), together comprising 63% of total exports.

What is the average export price for pineapple juice (single strength) in Brazil?

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The average pineapple juice (single strength) export price stood at $1,146 per tonne in 2019, surging by 71% against the previous year.

What is the average import price for pineapple juice (single strength) in Brazil?

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In 2019, the average pineapple juice (single strength) import price amounted to $686 per tonne, remaining constant against the previous year.