Pineapple juice market in Armenia

Earlier Report Observations

The Armenian pineapple juice market shrank from 957 thousand liters in 2018 to 599 thousand liters in 2020, a period marked by lower domestic output and reduced import volumes.

A sustained recovery began in 2021, with market volume climbing to 854 thousand liters that year and accelerating to over 1.5 million liters by 2023. This expansion was powered by a sharp rise in imports, which reached 410 thousand liters in 2023, alongside growing local production.

In value terms, the market followed a similar trajectory, contracting to $632 thousand in 2020 before rebounding to $1.6 million in 2023.

Production pineapple juice in Armenia

In kind, 2017-2020, K l

Top producers of pineapple juice, 2017-2020

World map of production of pineapple juice, 2017-2020

The market exhibited significant volatility during this period. Import levels varied considerably, with a 1.8-fold difference between the low point in 2017 and the peak in 2018. In Armenia, pineapple juice production reached 591.6 thousand liters in 2020, marking a substantial contraction of 16.0% from the previous year. The highest production volume was recorded in 2018 at 906.6 thousand liters. The most significant decline occurred in 2019, with a drop of 22.3%, while the largest increase was seen in 2018, rising by 75.9%.

Annual dynamics of production in Armenia in kind, 2017-2020, K l

In value, 2017-2020, K $ US

Pineapple juice production in Armenia experienced a decline for the second year in a row. In 2020, the output was valued at 599.8 thousand US dollars, reflecting a robust decrease of 20.6% compared to 2019. The peak value was recorded in 2018 at 972.4 thousand US dollars. The most notable decline took place in 2019, falling by 22.3%, whereas the largest increase occurred in 2018, with a rise of 62.4%.

Annual dynamics of production in Armenia in value, 2017-2020, K $ US

Exports pineapple juice from Armenia

Exports in kind, K l

In 2020, pineapple juice shipments from Armenia to international markets amounted to 74.1 thousand liters, representing a significant increase of 58.9% compared to the previous year. From 2017 to 2020, exports grew by 79.9%, translating to an annualized rate of 21.6%. The most substantial decline was recorded in 2019, with a drop of 14.3%.

Annual dynamics of product's exports from Armenia in kind, 2017-2020, K l

Between 2017 and 2020, Russia and Kazakhstan were the dominant players in exports by volume, accounting for a combined 82.8% of total flows. The remaining share was distributed among various other countries.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Armenia in kind, 2017-2020

Exports in value, K $ US

In 2020, pineapple juice exports from Armenia reached 75.1 thousand US dollars, showing a sharp improvement of 50.3% over 2019. From 2017 to 2020, exports increased by 56.9%, equivalent to an annualized growth rate of 16.2%. The largest decline was observed in 2019, with a decrease of 14.3%.

Annual dynamics of product's exports from Armenia in value, 2017-2020, K $ US

Throughout the period from 2017 to 2020, Russia and Kazakhstan concentrated 84.7% of total export value, while the remaining share was spread across other destinations, each contributing smaller amounts.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Armenia in value, 2017-2020

Imports pineapple juice to Armenia

Imports in kind, K l

Armenia's volume of pineapple juice imports declined for the second consecutive year. In 2020, imports totaled 81.5 thousand liters, indicating a modest loss of 7.2% compared to 2019. Over the 2017-2020 period, imports increased by 26.2%, with a compound annual growth rate of 8.1%. The peak volume was recorded in 2018 at 105.2 thousand liters. The most significant decline occurred in 2019, falling by 16.5%, while the largest increase was in 2018, rising by 62.9%.

Annual dynamics of product's imports to Armenia in kind, 2017-2020, K l

From 2017 to 2020, Russia, the Netherlands, and Israel were the main sources for pineapple juice imports to Armenia by volume, accounting for 19.4%, 17.5%, and 14.4% respectively. Together, they absorbed 51.3% of total imports in kind.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Armenia in kind, 2017-2020

Imports in value, K $ US

In 2020, Armenia's pineapple juice import volume was valued at 107.5 thousand US dollars, representing a robust advance of 11.7% year-over-year. The minimum value was recorded in 2019 at 96.2 thousand US dollars, while the maximum was in 2018 at 140.3 thousand US dollars. The largest decline took place in 2019, with a drop of 31.4%, and the largest increase occurred in 2018, rising by 28.5%.

Annual dynamics of product's imports to Armenia in value, 2017-2020, K $ US

Throughout 2017-2020, the Netherlands, Israel, and the Philippines remained the primary markets for pineapple juice imports to Armenia by value, with shares of 28.7%, 20.8%, and 11.1% respectively. Collectively, they accounted for 60.6% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Armenia in value, 2017-2020