Canada: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in Canada

The Canadian pineapple juice (single strength) market reached $X in 2022, rising by X% against the previous year. Over the period under review, consumption, however, recorded a deep contraction. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Pineapple Juice (Single Strength) in Canada

In value terms, pineapple juice (single strength) production rose rapidly to $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 indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Pineapple Juice (Single Strength)

Exports from Canada

In 2022, overseas shipments of pineapple juice (single strength) increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports, however, showed a perceptible decrease. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, pineapple juice (single strength) exports surged to $X in 2022. Overall, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for pineapple juice (single strength) exports from Canada, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%.

In value terms, the United States ($X) also remains the key foreign market for pineapple juice (single strength) exports from Canada.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States was relatively modest.

Export Prices by Country

In 2022, the average pineapple juice (single strength) export price amounted to $X per ton, growing by X% against the previous year. In general, export price indicated tangible growth 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) export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Imports of Pineapple Juice (Single Strength)

Imports into Canada

In 2022, purchases abroad of pineapple juice (single strength) increased by X% to X tons for the first time since 2016, thus ending a five-year declining trend. Overall, imports, however, saw a abrupt curtailment. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, pineapple juice (single strength) imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Philippines (X tons) was the main supplier of pineapple juice (single strength) to Canada, with a X% share of total imports. Moreover, pineapple juice (single strength) imports from the Philippines exceeded the figures recorded by the second-largest supplier, Guatemala (X tons), more than tenfold. The third position in this ranking was held by Costa Rica (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Philippines amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Guatemala (X% per year) and Costa Rica (X% per year).

In value terms, the Philippines ($X) constituted the largest supplier of pineapple juice (single strength) to Canada, comprising X% of total imports. The second position in the ranking was taken by Guatemala ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Philippines stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Guatemala (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average pineapple juice (single strength) import price amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Costa Rica ($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 States (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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