Philippines: Canned Pineapple Market Overview 2021

Canned Pineapple Market Size in the Philippines

In 2019, the Philippine canned pineapple market was finally on the rise to reach $X after four years of decline. In general, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Canned pineapple consumption peaked at $X in 2010; however, from 2011 to 2019, consumption stood at a somewhat lower figure.

Canned Pineapple Production in the Philippines

In value terms, canned pineapple production expanded rapidly to $X in 2019 estimated in export prices. The total output 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Canned pineapple production peaked at $X in 2011; however, from 2012 to 2019, production stood at a somewhat lower figure.

Canned Pineapple Exports

Exports from the Philippines

In 2019, shipments abroad of canned pineapples decreased by -X% to X tonnes, falling for the third consecutive year after two years of growth. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X tonnes in 2016; however, from 2017 to 2019, exports remained at a lower figure.

In value terms, canned pineapple exports dropped to $X in 2019. Overall, exports recorded slight growth. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for canned pineapple exports from the Philippines, with a X% share of total exports. Moreover, canned pineapple exports to the U.S. exceeded the volume sent to the second major destination, Germany (X tonnes), ninefold. South Korea (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to the U.S. stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and South Korea (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for canned pineapple exports from the Philippines, comprising X% of total exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to the U.S. was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+X% per year) and Japan (+X% per year).

Export Prices by Country

In 2019, the average canned pineapple export price amounted to $X per tonne, growing by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2012; however, from 2013 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Australia ($X per tonne), while the average price for exports to Canada ($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 Australia, while the prices for the other major destinations experienced more modest paces of growth.

Canned Pineapple Imports

Imports into the Philippines

In 2019, the amount of canned pineapples imported into the Philippines soared to X tonnes, rising by X% on the previous year. Over the period under review, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

In value terms, canned pineapple imports surged to $X in 2019. In general, imports saw a strong expansion. The pace of growth was the most pronounced in 2012 when imports increased by X% year-to-year. Imports peaked at $X in 2017; however, from 2018 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Thailand (X tonnes) constituted the largest supplier of canned pineapple to the Philippines, with a X% share of total imports. Moreover, canned pineapple imports from Thailand exceeded the figures recorded by the second-largest supplier, South Korea (X tonnes), threefold. The third position in this ranking was occupied by the U.S. (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Thailand amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and the U.S. (-X% per year).

In value terms, Thailand ($X) constituted the largest supplier of canned pineapple to the Philippines, comprising X% of total imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Thailand totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Taiwan (Chinese) (-X% per year).

Import Prices by Country

The average canned pineapple import price stood at $X per tonne in 2019, with an increase of X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2009 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2010 to 2019, the growth in terms of the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Taiwan (Chinese) ($X per tonne), while the price for South Korea ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for canned pineapples in the world?

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The countries with the highest volumes of canned pineapple consumption in 2019 were the U.S. (291K tonnes), Indonesia (259K tonnes) and Brazil (188K tonnes), together comprising 33% of global consumption. These countries were followed by Thailand, Angola, China, India, the Philippines, Costa Rica, Malaysia, Germany, Russia and Australia, which together accounted for a further 41%.

What are the largest producers of canned pineapples in the world?

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The countries with the highest volumes of canned pineapple production in 2019 were Thailand (554K tonnes), Indonesia (446K tonnes) and the Philippines (297K tonnes), with a combined 57% share of global production. Brazil, Angola, China, India, Malaysia, Costa Rica, Kenya and Viet Nam lagged somewhat behind, together comprising a further 36%.

What are the leading suppliers of canned pineapples to the Philippines?

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In value terms, Thailand ($276K) constituted the largest supplier of canned pineapple to the Philippines, comprising 71% of total imports. The second position in the ranking was occupied by South Korea ($77K), with a 20% share of total imports. It was followed by Taiwan (Chinese), with a 4.4% share.

What are the leading importers of canned pineapples from the Philippines?

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In value terms, the U.S. ($93M) remains the key foreign market for canned pineapple exports from the Philippines, comprising 50% of total exports. The second position in the ranking was occupied by South Korea ($12M), with a 6.5% share of total exports. It was followed by Japan, with a 6.3% share.

What is the average export price for canned pineapples in the Philippines?

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The average canned pineapple export price stood at $925 per tonne in 2019, with an increase of 6.4% against the previous year.

What is the average import price for canned pineapples in the Philippines?

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In 2019, the average canned pineapple import price amounted to $1,177 per tonne, growing by 26% against the previous year.