Iran: Concentrated Pineapple Juice Market 2024

Concentrated Pineapple Juice Market Size in Iran

The Iranian concentrated pineapple juice market contracted remarkably to $X in 2021, dropping by -16.1% against the previous year. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Concentrated Pineapple Juice Production in Iran

In value terms, concentrated pineapple juice production fell dramatically to $X in 2021 estimated in export price. Overall, production, however, posted prominent growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 128% against the previous year. As a result, production attained the peak level of $X, and then reduced remarkably in the following year.

Concentrated Pineapple Juice Exports

Exports from Iran

In 2021, exports of concentrated pineapple juice from Iran declined sharply to X tons, reducing by -30.4% on the year before. Over the period under review, exports saw a noticeable descent. The most prominent rate of growth was recorded in 2015 when exports increased by 25% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, concentrated pineapple juice exports fell to $X in 2021. In general, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 84%. As a result, the exports attained the peak of $X, and then declined slightly in the following year.

Exports by Country

Russia (X tons) was the main destination for concentrated pineapple juice exports from Iran, accounting for a 74% share of total exports. Moreover, concentrated pineapple juice exports to Russia exceeded the volume sent to the second major destination, Afghanistan (X kg), fivefold. Lebanon (X kg) ranked third in terms of total exports with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia totaled +32.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (+13.0% per year) and Lebanon (+45.1% per year).

In value terms, Russia ($X) remains the key foreign market for concentrated pineapple juice exports from Iran, comprising 68% of total exports. The second position in the ranking was taken by Afghanistan ($X), with a 12% share of total exports. It was followed by Lebanon, with a 3.9% share.

From 2012 to 2021, the average annual growth rate of value to Russia stood at +41.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (+37.7% per year) and Lebanon (+92.1% per year).

Export Prices by Country

In 2021, the average concentrated pineapple juice export price amounted to $X per ton, with an increase of 41% against the previous year. Overall, the export price enjoyed strong growth. The growth pace was the most rapid in 2020 an increase of 71% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was South Korea ($X per ton), while the average price for exports to Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+36.1%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Pineapple Juice Imports

Imports into Iran

In 2021, imports of concentrated pineapple juice into Iran contracted notably to X tons, with a decrease of -15.3% against 2020 figures. In general, imports showed a perceptible downturn. The most prominent rate of growth was recorded in 2019 when imports increased by 83% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, concentrated pineapple juice imports contracted remarkably to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 82% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Thailand (X tons) constituted the largest concentrated pineapple juice supplier to Iran, with a 69% share of total imports. Moreover, concentrated pineapple juice imports from Thailand exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), sevenfold. Kenya (X tons) ranked third in terms of total imports with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Thailand stood at -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+7.8% per year) and Kenya (+0.0% per year).

In value terms, Thailand ($X) constituted the largest supplier of concentrated pineapple juice to Iran, comprising 79% of total imports. The second position in the ranking was taken by Kenya ($X), with a 6.3% share of total imports. It was followed by the United Arab Emirates, with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Thailand stood at +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Kenya (+3.2% per year) and the United Arab Emirates (+6.6% per year).

Import Prices by Country

The average concentrated pineapple juice import price stood at $X per ton in 2021, declining by -5.9% against the previous year. In general, import price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, concentrated pineapple juice import price increased by +53.1% against 2019 indices. The growth pace was the most rapid in 2020 when the average import price increased by 63% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Thailand ($X per ton), while the price for Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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