MERCOSUR: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in MERCOSUR

The MERCOSUR pineapple juice (single strength) market dropped slightly to $X in 2022, falling by X% against the previous year. In general, consumption, however, showed a mild descent. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Pineapple Juice (Single Strength) in MERCOSUR

In value terms, pineapple juice (single strength) production reduced markedly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a deep slump. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Pineapple Juice (Single Strength)

Exports in MERCOSUR

In 2022, the amount of pineapple juice (single strength) exported in MERCOSUR contracted remarkably to X tons, reducing by X% against the previous year. Over the period under review, exports, however, posted a temperate expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then reduced notably in the following year.

In value terms, pineapple juice (single strength) exports dropped rapidly to $X in 2022. Overall, exports, however, enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then contracted significantly in the following year.

Exports by Country

In 2022, Brazil (X tons) represented the main exporter of pineapple juice (single strength), committing X% of total exports. It was distantly followed by Uruguay (X tons), mixing up a X% share of total exports. The following exporters - Peru (X tons), Ecuador (X tons) and Argentina (X tons) - together made up X% of total exports.

Brazil was also the fastest-growing in terms of the pineapple juice (single strength) exports, with a CAGR of X% from 2012 to 2022. Uruguay experienced a relatively flat trend pattern. Peru (X%), Ecuador (X%) and Argentina (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Peru (X p.p.), Uruguay (X p.p.), Ecuador (X p.p.) and Argentina (X p.p.) displayed negative dynamics.

In value terms, the largest pineapple juice (single strength) supplying countries in MERCOSUR were Brazil ($X), Uruguay ($X) and Peru ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Brazil, with a CAGR of X%, saw the highest growth rate of 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 MERCOSUR stood at $X per ton in 2022, surging by X% against the previous year. Export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while Brazil ($X per ton) was amongst the lowest.

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

Imports of Pineapple Juice (Single Strength)

Imports in MERCOSUR

In 2022, purchases abroad of pineapple juice (single strength) increased by X% to X tons, rising for the second year in a row after two years of decline. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, pineapple juice (single strength) imports soared to $X in 2022. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Guyana represented the main importer of pineapple juice (single strength) in MERCOSUR, with the volume of imports recording X tons, which was near X% of total imports in 2022. It was distantly followed by Chile (X tons), committing a X% share of total imports.

Guyana was also the fastest-growing in terms of the pineapple juice (single strength) imports, with a CAGR of X% from 2012 to 2022. At the same time, Chile (X%) displayed positive paces of growth. While the share of Guyana (X p.p.) and Chile (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Guyana ($X) constitutes the largest market for imported pineapple juice (single strength) in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with a X% share of total imports.

In Guyana, pineapple juice (single strength) imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price attained the peak level of $X per ton, and then declined slightly in the following year.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while Guyana totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%).

Source: IndexBox Platform

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