U.S.: Pineapple Market 2022

Pineapple Market Size in the U.S.

The U.S. pineapple market was finally on the rise to reach $X in 2021, after three years of decline. The market value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. Pineapple consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Pineapple Production in the U.S.

In value terms, pineapple production stood at $X in 2021. In general, production, however, recorded a noticeable curtailment. The growth pace was the most rapid in 2019 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

In 2021, the average yield of pineapples in the United States dropped to X tonnes per ha, standing approx. at the previous year's figure. Overall, the yield recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, the average pineapple yield attained the maximum level at X tonnes 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 the United States was estimated at X ha in 2021, therefore, remained relatively stable against the previous year. Overall, the harvested area, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to pineapple production reached the peak figure at X ha in 2014; however, from 2015 to 2021, the harvested area stood at a somewhat lower figure.

Pineapple Exports

Exports from the U.S.

In 2021, after three years of decline, there was significant growth in shipments abroad of pineapples, when their volume increased by X% to X tonnes. Overall, exports, however, showed a relatively flat trend pattern. The exports peaked at X tonnes in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, pineapple exports surged to $X in 2021. Over the period under review, exports, however, showed a slight contraction. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X tonnes) was the main destination for pineapple exports from the United States, with a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Canada was relatively modest.

In value terms, Canada ($X) also remains the key foreign market for pineapple exports from the United States.

From 2012 to 2021, the average annual growth rate of value to Canada stood at -X%.

Export Prices by Country

The average pineapple export price stood at $X per tonne in 2021, approximately mirroring the previous year. In general, the export price, however, continues to indicate a slight decline. The pace of growth appeared the most rapid in 2019 an increase of X% y-o-y. Over the period under review, the average export prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to -X% per year.

Pineapple Imports

Imports into the U.S.

In 2021, purchases abroad of pineapples increased by X% to X tonnes for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pineapple imports amounted 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 remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Costa Rica (X tonnes) constituted the largest pineapple supplier to the United States, accounting for a X% share of total imports. Moreover, pineapple imports from Costa Rica exceeded the figures recorded by the second-largest supplier, Honduras (X tonnes), more than tenfold. Mexico (X tonnes) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Costa Rica amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Honduras (+X% per year) and Mexico (+X% per year).

In value terms, Costa Rica ($X) constituted the largest supplier of pineapple to the United States, comprising X% of total imports. The second position in the ranking was occupied by Honduras ($X), with a X% share of total imports. It was followed by Mexico, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Costa Rica amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Honduras (+X% per year) and Mexico (+X% per year).

Import Prices by Country

The average pineapple import price stood at $X per tonne in 2021, with an increase of X% against the previous year. In general, the import price, however, saw a mild decline. Over the period under review, average import prices reached the maximum at $X per tonne in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($X per tonne), while the price for Guatemala ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform