Report Update Apr 1, 2024

Puerto Rico - Pineapples - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Pineapple Market 2024

Pineapple Market Size in Puerto Rico

The Puerto Rican pineapple market expanded slightly to $X in 2021, with an increase of 2.3% against the previous year. Over the period under review, consumption, however, continues to indicate a noticeable curtailment. Puerto Rico consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Pineapple Production in Puerto Rico

In value terms, pineapple production expanded slightly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2015 when the production volume increased by 51%. Puerto Rico production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

In 2021, the average yield of pineapples in Puerto Rico stood at X tons per ha, remaining constant against 2020. Overall, the yield, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the yield increased by 1.7% against the previous year. The global yield peaked at X tons per ha in 2012; however, from 2013 to 2021, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The pineapple harvested area in Puerto Rico rose modestly to X ha in 2021, picking up by 1.9% against the previous year. In general, the harvested area, however, recorded a pronounced descent. The pace of growth appeared the most rapid in 2015 with an increase of 47%. Over the period under review, the harvested area dedicated to pineapple production attained the peak figure at X ha in 2012; however, from 2013 to 2021, the harvested area stood at a somewhat lower figure.

Pineapple Exports

Exports by Country

Costa Rica dominates exports structure, finishing at X tons, which was near 62% of total exports in 2021. The Philippines (X tons) held an 8.7% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (6.7%). Belgium (X tons), the United States (X tons), Ecuador (X tons) and Honduras (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to pineapple exports from Costa Rica stood at +1.0%. At the same time, Honduras (+5.0%) and Ecuador (+2.1%) displayed positive paces of growth. Moreover, Honduras emerged as the fastest-growing exporter exported in the world, with a CAGR of +5.0% from 2012-2021. The Netherlands and the United States experienced a relatively flat trend pattern. By contrast, the Philippines (-3.4%) and Belgium (-4.6%) illustrated a downward trend over the same period. Costa Rica (+4.9 p.p.) significantly strengthened its position in terms of the global exports, while Belgium and the Philippines saw its share reduced by -1.8% and -3.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Costa Rica ($X) remains the largest pineapple supplier from Puerto Rico, comprising 48% of global exports. The second position in the ranking was taken by the Philippines ($X), with a 13% share of global exports. It was followed by the Netherlands, with a 9.9% share.

In Costa Rica, pineapple exports increased at an average annual rate of +3.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Philippines (+12.1% per year) and the Netherlands (+0.9% per year).

Pineapple Imports

Imports by Country

The United States represented the main importing country with an import of around X tons, which reached 34% of total imports. The Netherlands (X tons) held the second position in the ranking, followed by China (X tons), Japan (X tons) and Spain (X tons). All these countries together took approx. 24% share of total imports. Italy (X tons), Belgium (X tons), France (X tons), Germany (X tons), Canada (X tons), the UK (X tons), South Korea (X tons) and Portugal (X tons) held a little share of total imports.

Imports into the United States increased at an average annual rate of +2.9% from 2012 to 2021. At the same time, China (+23.9%), France (+4.0%), Portugal (+3.2%) and Spain (+3.0%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of +23.9% from 2012-2021. Italy, Canada, the Netherlands and Japan experienced a relatively flat trend pattern. By contrast, South Korea (-1.9%), the UK (-2.0%), Belgium (-2.5%) and Germany (-3.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China and the United States increased by +4.7 and +2.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported pineapples into Puerto Rico, comprising 27% of global imports. The second position in the ranking was taken by the Netherlands ($X), with an 8.9% share of global imports. It was followed by Japan, with a 5.8% share.

In the United States, pineapple imports increased at an average annual rate of +1.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Netherlands (+0.8% per year) and Japan (+0.7% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pineapples in the world?

The countries with the highest volumes of consumption in 2021 were the Philippines, Brazil and China, together accounting for 26% of global consumption.

What are the largest producers of pineapples in the world?

The countries with the highest volumes of production in 2021 were Costa Rica, the Philippines and Brazil, with a combined 29% share of global production. These countries were followed by Indonesia, China, India, Thailand, Nigeria, Mexico, Colombia, Vietnam, Ghana and Angola, which together accounted for a further 48%.

What are the leading suppliers of pineapples to Puerto Rico?

In value terms, the United States constitutes the largest market for imported pineapples into Puerto Rico, comprising 27% of global imports. The second position in the ranking was taken by the Netherlands, with an 8.9% share of global imports. It was followed by Japan, with a 5.8% share.

What are the leading importers of pineapples from Puerto Rico?

In value terms, Costa Rica remains the largest pineapple supplier from Puerto Rico, comprising 48% of global exports. The second position in the ranking was held by the Philippines, with a 13% share of global exports. It was followed by the Netherlands, with a 9.9% share.

This report provides an in-depth analysis of the pineapple market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 574 - Pineapples

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023