Canned Pineapple Market Overview in Singapore
In value terms, canned pineapple production shrank slightly to $ in 2019 estimated in export prices. In general, production recorded mild growth. The growth pace was the most rapid in 2011 with an increase of % year-to-year. Over the period under review, production attained the peak level at $ in 2016; however, from 2017 to 2019, production remained at a lower figure.
The revenue of the canned pineapple market in Singapore dropped modestly to $ in 2019, declining 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). Over the period under review, the total consumption indicated a moderate increase from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -% against 2016 indices. The most prominent rate of growth was recorded in 2011 when the market value increased by % year-to-year. Singapore consumption peaked at $ in 2016; however, from 2017 to 2019, consumption stood at a somewhat lower figure.