South-Eastern Asia: Canned Pineapple Market 2024

Canned Pineapple Market Size in South-Eastern Asia

The Southeast Asian canned pineapple market expanded to $X in 2022, rising by 3.1% against the previous year. The total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -29.2% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Canned Pineapple Production in South-Eastern Asia

In value terms, canned pineapple production expanded markedly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the production volume increased by 28% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Canned Pineapple Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of canned pineapples increased by less than 0.1% to X tons, rising for the second year in a row after three years of decline. In general, exports, however, saw a mild downturn. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, canned pineapple exports reduced modestly to $X in 2022. Total exports indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.6% against 2019 indices. The most prominent rate of growth was recorded in 2015 when exports increased by 28%. As a result, the exports attained the peak of $X; afterwards, it flattened through to 2022.

Exports by Country

In 2022, Thailand (X tons), Indonesia (X tons) and the Philippines (X tons) represented the largest exporter of canned pineapples in South-Eastern Asia, constituting 94% of total export. Vietnam (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +10.5%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Thailand ($X), Indonesia ($X) and the Philippines ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 95% share of total exports. These countries were followed by Vietnam, which accounted for a further 4%.

In terms of the main exporting countries, Vietnam, with a CAGR of +12.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2020 when the export price increased by 24% against the previous year. The level of export peaked at $X per ton in 2021, and then declined modestly in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Indonesia ($X per ton) and Thailand ($X per ton), while Vietnam ($X per ton) and the Philippines ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+3.7%), while the other leaders experienced more modest paces of growth.

Canned Pineapple Imports

Imports in South-Eastern Asia

In 2022, canned pineapple imports in South-Eastern Asia contracted modestly to X tons, reducing by -1.6% on the year before. Total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.4% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 33%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, canned pineapple imports declined to $X in 2022. Total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +9.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.7% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 45% against the previous year. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Vietnam (X tons) was the major importer of canned pineapples, achieving 63% of total imports. Singapore (X tons) held the second position in the ranking, distantly followed by Malaysia (X tons). All these countries together held near 33% share of total imports. The Philippines (X tons) took a little share of total imports.

Imports into Vietnam increased at an average annual rate of +20.3% from 2012 to 2022. At the same time, the Philippines (+29.5%) and Malaysia (+9.5%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +29.5% from 2012-2022. By contrast, Singapore (-2.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam increased by +42 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) constitutes the largest market for imported canned pineapples in South-Eastern Asia, comprising 60% of total imports. The second position in the ranking was taken by Singapore ($X), with a 26% share of total imports. It was followed by Malaysia, with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Vietnam totaled +20.9%. The remaining importing countries recorded the following average annual rates of imports growth: Singapore (-0.4% per year) and Malaysia (+12.5% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2020 when the import price increased by 20%. Over the period under review, import prices reached the peak figure 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 Malaysia ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+2.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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