World pineapple export is expected to reach 3.2 million tons in 2023, an increase of 4%

Fresh Pineapple

Fruits

Costa Rica

Market & Price Trends

Published Jan 25, 2024

Tridge summary

The United Nations' Food and Agriculture Organization (FAO) forecasts a 4% rise in global pineapple exports in 2023, primarily due to increased production in Costa Rica, the world's leading exporter. This growth is expected despite a decrease in plantation area, thanks to favorable weather conditions leading to higher yields. The majority of these exports are set to reach the United States and the European Union. However, the National Chamber of Pineapple Producers (Canapep) predicts a slight drop in top quality pineapple exports due to climate-related impacts on yields.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

(Agraria.pe) According to the recently published Major Tropical Fruits report of the Food and Agriculture Organization of the United Nations (FAO), global pineapple exports are expected to grow by around 4% in 2023, 3.2 million tons, largely determined by increased supplies from Costa Rica, the world's largest exporter with a market share of around 65%. “According to industry information, weather conditions in key producing areas of Costa Rica were favorable for pineapple cultivation during the first half of the year, resulting in higher yields and therefore greater supplies for export. Lower freight costs, particularly to the United States, additionally supported the country's export growth,” the report explains. “Consequently, shipments from Costa Rica are expected to increase by around 3% in 2023, to around 2 million tonnes, in stark contrast to the almost 5% drop experienced in 2022.” “However, industry sources reported that, despite this positive performance, there was a ...

Source: Agraria