Middle East: Concentrated Pineapple Juice Market 2024

Concentrated Pineapple Juice Market Size in the Middle East

In 2022, the Middle Eastern concentrated pineapple juice market increased by 4% to $X, rising for the third year in a row after three years of decline. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Concentrated Pineapple Juice Production in the Middle East

In value terms, concentrated pineapple juice production expanded remarkably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 35% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Concentrated Pineapple Juice Exports

Exports in the Middle East

In 2022, approx. X tons of concentrated pineapple juice were exported in the Middle East; waning by -7.6% on 2021 figures. Over the period under review, exports showed a slight shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 61%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, concentrated pineapple juice exports skyrocketed to $X in 2022. Overall, exports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of 37%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Israel (X tons) represented the main exporter of concentrated pineapple juice, creating 41% of total exports. The United Arab Emirates (X tons) ranks second in terms of the total exports with a 21% share, followed by Kuwait (13%), Jordan (11%) and Saudi Arabia (8.6%). Turkey (X tons) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Jordan (with a CAGR of +34.6%), while the other leaders experienced more modest paces of growth.

In value terms, Israel ($X) remains the largest concentrated pineapple juice supplier in the Middle East, comprising 60% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 19% share of total exports. It was followed by Kuwait, with a 7% share.

In Israel, concentrated pineapple juice exports declined by an average annual rate of -5.4% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (+3.9% per year) and Kuwait (+18.8% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, with an increase of 25% against the previous year. Over the period under review, the export price, however, showed a slight setback. The level of export peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per ton), while Jordan ($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 Arab Emirates (+2.1%), while the other leaders experienced more modest paces of growth.

Concentrated Pineapple Juice Imports

Imports in the Middle East

Concentrated pineapple juice imports fell to X tons in 2022, waning by -7.6% on the previous year's figure. Overall, imports saw a slight decline. The pace of growth appeared the most rapid in 2013 with an increase of 29% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, concentrated pineapple juice imports expanded remarkably to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 23%. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons) and Iran (X tons) were the major importers of concentrated pineapple juice in 2022, resulting at near 23% and 22% of total imports, respectively. Saudi Arabia (X tons) held a 14% share (based on physical terms) of total imports, which put it in second place, followed by Kuwait (11%) and Israel (9.8%). The following importers - Qatar (X tons), Turkey (X tons), Lebanon (X tons), Oman (X tons) and Bahrain (X tons) - together made up 17% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Qatar (with a CAGR of +42.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest concentrated pineapple juice importing markets in the Middle East were Iran ($X), the United Arab Emirates ($X) and Israel ($X), with a combined 60% share of total imports. Saudi Arabia, Kuwait, Turkey, Qatar, Lebanon, Bahrain and Oman lagged somewhat behind, together accounting for a further 36%.

Qatar, with a CAGR of +55.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, increasing by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2020 an increase of 26%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+9.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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