Market Insights
18-07-2024
In 2022, global sales for pineapple exports reached a total of US$2.2 billion. This marks an average increase of 6.2% from 2018, when the value of globally shipped pineapples was $2.08 billion. Year over year, the value of exported pineapples rose by 2.8%, up from $2.14 billion in 2021.
The top five pineapple exporters in 2022 were Costa Rica, the Philippines, the Netherlands, Belgium, and the United States. Together, these countries accounted for nearly four-fifths (78.6%) of the global pineapple export market by value.
Pineapple Exports by Continent
·Latin America (excluding Mexico but including the Caribbean): $1.2 billion (54.2% of global exports)
·Asia: 19.1%
·Europe: 18%
·North America: 5.9%
·Africa: 3%
·Oceania: 0.01% (mainly Australia and New Zealand)
For research purposes, the Harmonized Tariff System code for fresh or dried pineapples is 080430.
Top Pineapple Exporting Countries
Here are the 15 countries that exported the highest dollar value of pineapples in 2022:
1. Costa Rica: US$1 billion (47.1% of total exports)
2. Philippines: $333 million (15.1%)
3. Netherlands: $134.3 million (6.1%)
4. Belgium: $117 million (5.3%)
5. United States: $108.4 million (4.9%)
6. Ecuador: $58 million (2.6%)
7. Honduras: $55.1 million (2.5%)
8. Spain: $42.4 million (1.9%)
9. Taiwan: $26.7 million (1.2%)
10. Thailand: $26 million (1.2%)
11. Portugal: $23.6 million (1.1%)
12. Italy: $23.3 million (1.1%)
13. Ghana: $22.1 million (1%)
14. France: $20.2 million (0.9%)
15. Guatemala: $19.7 million (0.9%)
These 15 countries accounted for 92.9% of all pineapple exports in 2022. Among them, Thailand experienced the fastest growth with an increase of 115.1%, followed by Guatemala (up 82.8%), France (up 76.9%), and Spain (up 42.8%). Conversely, the Netherlands saw the largest decline in export sales (down -29.4% from 2021), followed by Taiwan (down -26.6%), Ghana (down -26%), and Costa Rica (down -0.3%).
Major Pineapple Exporting Companies in 2023
Here are some leading companies in the global pineapple market, including those involved in canning, distribution, and agricultural production:
1. GREAT GIANT PINEAPPLE (29.52%, $279.72 million)
2. DOLE PHILIPPINES INC (18.77%, $177.82 million)
3. PHILPACK (6.32%, $59.84 million)
4. DAVAO AGRICULTURAL VENTURES CORP (2.96%, $28.09 million)
5. EXPORTADORA DE FRUTAS EXPORTVAL S.A. (2.63%, $24.94 million)
6. MT KITANGLAD AGRI DEVELOPMENT (2.04%, $19.37 million)
7. RATHNA PACKAGING INDIA PVT LTD (1.9%, $17.99 million)
8. TERRA SOL CORP S.A. (1.84%, $17.41 million)
9. LAPANDAY DIVERSIFIED PRODUCTS (1.83%, $17.32 million)
10. WAO DEVELOPMENT CORPORATION (1.54%, $14.59 million)
These companies represent significant players in the international pineapple trade, contributing to the global supply chain of this tropical fruit.
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