Eastern Asia: Canned Pineapple Market 2022

Canned Pineapple Market Size in Eastern Asia

In 2021, the East Asian canned pineapple market increased by X% to $X, rising for the fifth year in a row after two years of decline. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the near future.

Canned Pineapple Production in Eastern Asia

In value terms, canned pineapple production reduced modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020, and then shrank modestly in the following year.

Canned Pineapple Exports

Exports in Eastern Asia

In 2021, overseas shipments of canned pineapples decreased by -X% to X tons, falling for the fifth year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, canned pineapple exports shrank rapidly to $X in 2021. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China dominates exports structure, reaching X tons, which was near X% of total exports in 2021. It was distantly followed by Hong Kong SAR (X tons), comprising a X% share of total exports.

China was also the fastest-growing in terms of the canned pineapples exports, with a CAGR of -X% from 2012 to 2021. Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Hong Kong SAR (-X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest canned pineapple supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value in China totaled -X%.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2021, rising by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2014 an increase of X%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Hong Kong SAR ($X per ton), while China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+X%).

Canned Pineapple Imports

Imports in Eastern Asia

In 2021, supplies from abroad of canned pineapples decreased by -X% to X tons, falling for the second year in a row after four years of growth. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, canned pineapple imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Japan (X tons) and China (X tons) represented roughly X% of total imports in 2021. It was distantly followed by South Korea (X tons), Hong Kong SAR (X tons) and Taiwan (Chinese) (X tons), together making up a X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by China (with a CAGR of +X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Japan ($X), China ($X) and South Korea ($X) constituted the countries with the highest levels of imports in 2021, with a combined X% share of total imports.

In terms of the main importing countries, China, 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

The import price in Eastern Asia stood at $X per ton in 2021, growing by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Hong Kong SAR ($X per ton) and Japan ($X per ton), while South Korea ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform