Canned Pineapple Market Overview in Malaysia
In value terms, canned pineapple production dropped to $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2012 with an increase of % against the previous year. Malaysia production peaked at $ in 2017; however, from 2018 to 2019, production failed to regain the momentum.
The value of the canned pineapple market in Malaysia dropped to $ in 2019, waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated notable growth from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -% against 2017 indices. The pace of growth appeared the most rapid in 2012 with an increase of % y-o-y. Over the period under review, the market attained the peak level at $ in 2017; however, from 2018 to 2019, consumption failed to regain the momentum.