Asia: Canned Pineapple Market 2024

Canned Pineapple Market Size in Asia

In 2022, the Asian canned pineapple market decreased by -0.2% to $X, falling for the second consecutive year after two years of growth. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Canned Pineapple Production in Asia

In value terms, canned pineapple production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2014 when the production volume increased by 30% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Canned Pineapple Exports

Exports in Asia

Canned pineapple exports dropped modestly to X tons in 2022, flattening at 2021. In general, exports recorded a mild curtailment. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, canned pineapple exports shrank modestly to $X in 2022. Total exports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.3% 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 +52.9% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 28%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The shipments of the three major exporters of canned pineapples, namely Thailand, Indonesia and the Philippines, represented more than two-thirds of total export. Vietnam (X tons) held a minor share of total exports.

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, the largest canned pineapple supplying countries in Asia were Thailand ($X), Indonesia ($X) and the Philippines ($X), together accounting for 94% 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%, recorded 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

In 2022, the export price in Asia amounted to $X per ton, standing approx. at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2020 an increase of 24% against the previous year. The level of export peaked at $X per ton in 2021, and then fell slightly 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 Asia

In 2022, approx. X tons of canned pineapples were imported in Asia; shrinking by -8.8% on the previous year. The total import volume increased at an average annual rate of +1.2% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, canned pineapple imports fell to $X in 2022. The total import value increased at an average annual rate of +3.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

The purchases of the five major importers of canned pineapples, namely Japan, China, the United Arab Emirates, Vietnam and South Korea, represented more than half of total import. It was distantly followed by Yemen (X tons) and Singapore (X tons), together comprising a 9.8% share of total imports. Iran (X tons), Israel (X tons), Kazakhstan (X tons), Hong Kong SAR (X tons), Iraq (X tons) and Taiwan (Chinese) (X tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Iraq (with a CAGR of +39.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest canned pineapple importing markets in Asia were Japan ($X), China ($X) and South Korea ($X), with a combined 45% share of total imports. The United Arab Emirates, Vietnam, Singapore, Yemen, Israel, Hong Kong SAR, Iran, Taiwan (Chinese), Kazakhstan and Iraq lagged somewhat behind, together comprising a further 43%.

Iraq, with a CAGR of +37.0%, recorded the highest rates of growth with regard to the value of imports, among 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 Asia amounted to $X per ton, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2020 when the import price increased by 19% against the previous year. The level of import peaked at $X per ton in 2016; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while Yemen ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+4.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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