Pineapple (Ananas comosus) is a tropical fruit widely cultivated in tropical regions such as Southeast Asia, South America, and the Caribbean. Pineapples can be consumed fresh or processed into various products, such as canned pineapple, pineapple juice, dried pineapple, and pineapple jam. Rich in nutrients, pineapples are highly favored by health-conscious consumers. As an important export product, pineapples have seen their position in global trade continuously rise. The growth of emerging markets and increasing demand for fruit have brought new growth opportunities to the pineapple market.
The Philippines' unique geographical and climatic conditions provide ideal advantages for pineapple cultivation. The country has a long history of pineapple farming, with the fruit introduced to the Philippines as early as the 16th century, gradually developing into an industry. Today, the Philippine pineapple industry is highly developed, with exports continuing to grow, particularly to China. According to the publisher, in 2023, the Philippines exported a substantial 200,000 tons of pineapples to China, almost monopolizing the Chinese pineapple import market. Meanwhile, the Philippine government has actively introduced policies to support the development of the pineapple industry and promote exports.
The data shows the total export value of Philippine pineapples reached USD 255 million in 2023. With international market demand continuing to grow, the export value from January to June 2024 already approached USD 193 million, and the pineapple market demand is expected to further expand in the coming years.
The publisher indicates that the export market for Philippine pineapples spans the Asian region, particularly the Asia-Pacific area. China is the largest export destination for Philippine pineapples, accounting for over 40% of total export value. Other key markets include Japan, South Korea, the UAE, Sudan, and New Zealand. From 2021 to 2024, the top three export destinations for Philippine pineapples were China, Japan, and South Korea. Major companies importing pineapples from the Philippines include Itochu Corporation Co. Ltd, Dole (Shanghai) Fruits and Vegetables Trading Co. Ltd, and Lion King Supply Chain Management.
The majority of Philippine pineapples are exported, with most exporters being local pineapple-growing companies in the Philippines, while a smaller proportion are subsidiaries of foreign distributors operating in the country. According to the publisher, the leading exporters of Philippine pineapples include PHILPACK, Dole Philippines Inc., and Mt. Kitanglad Agri-Development.
Overall, the cultivation and export of Philippine pineapples have made significant progress in recent years. The publisher analyzes that with the growing global consumer demand for healthy foods and the Philippines' unique geographical advantages and low pineapple cultivation costs, the country's pineapple exports are expected to continue rising in the coming years.
Topics covered:
- The Import and Export of Pineapple in the Philippines (2021-2024)
- Total Export Volume and Percentage Change of Pineapple in the Philippines (2021-2024)
- Total Export Value and Percentage Change of Pineapple in the Philippines (2021-2024)
- Total Export Volume and Percentage Change of Pineapple in the Philippines (January-July 2024)
- Total Export Value and Percentage Change of Pineapple in the Philippines (January-July 2024)
- Average Export Price of Pineapple in the Philippines (2021-2024)
- Top 10 Export Destinations for the Philippines Pineapple and Their Import Volume
- Top 10 Suppliers in the Export Market of Pineapple in the Philippines and Their Export Volume
- Top 10 Buyers in the Export Market of Pineapple in the Philippines and Their Import Volume
- How to Find International Distributors and End Users of Pineapple in the Philippines
- How Foreign Enterprises Enter the Pineapple Export Market of the Philippines
- Forecast for the Export of Pineapple in the Philippines (2024-2033)
Table of Contents
Companies Mentioned
- ITOCHU CORPORATION CO. LTD
- DOLE (SHANGHAI) FRUITS AND VEGETABLES TRADING CO. LTD
- LION KING SUPPLY CHAIN MANAGEMENT
- PHILPACK
- DOLE PHILIPPINES INC.
- MT. KITANGLAD AGRI-DEVELOPMENT.
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | November 2024 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value ( USD | $ 263.16 Million |
| Forecasted Market Value ( USD | $ 349.41 Million |
| Compound Annual Growth Rate | 3.2% |
| Regions Covered | Philippines |
| No. of Companies Mentioned | 6 |
