Canned Pineapple Market Overview in the Philippines
In value terms, canned pineapple production expanded markedly to $ in 2019 estimated in export prices. Overall, production showed mild growth. The pace of growth appeared the most rapid in 2015 when the production volume increased by % y-o-y. As a result, production attained the peak level of $. From 2016 to 2019, production growth failed to regain the momentum.
The size of the canned pineapple market in the Philippines soared to $ in 2019, with an increase of % 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, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 with an increase of % year-to-year. Over the period under review, the market hit record highs at $ in 2010; however, from 2011 to 2019, consumption stood at a somewhat lower figure.