The pineapple juice market in Belgium experienced significant fluctuations between 2012 and 2022, starting with a steady decline before rebounding moderately in later years. From 2012 to 2016, the market faced consecutive yearly contractions ranging from -3.36% to -19.75%, culminating in a value of 8.839 million euros in 2016.
However, the market saw a positive turnaround from 2017 to 2019 with year-on-year increases of 7.93%, 7.34%, and 6.84%, respectively. Despite slight dips of -2.5% and -2.56% in 2020 and 2021, the market stabilized with a marginal decline of -0.16% in 2022. The CAGR over the last five years (2018-2022) was 1.7%, suggesting a gradual recovery from previous lows.
Future trends to watch for include potential impacts of health trends favoring natural and exotic fruit juices, sustainability concerns influencing production and packaging, and market expansion driven by innovative product offerings. Monitoring these factors will provide insights into whether the market will continue its recovery and grow in value.
How does Belgium rank in Pineapple Juice Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 129,140,000 | 2023 | +0.64% | +0.23% | View data |
| 2 | 2 Spain | 79,838,000 | 2023 | -5.36% | -2.54% | View data |
| 3 | 3 Italy | 77,656,000 | 2023 | +0.96% | +0.39% | View data |
| 4 | 4 Germany | 73,638,000 | 2023 | -0.34% | -0.14% | View data |
| 5 | 5 Belgium | 10,003,000 | 2023 | -1.92% | -0.47% | |
| 6 | 6 Denmark | 6,349,400 | 2023 | +0.7% | +2.02% | View data |
| 7 | 7 Finland | 6,240,300 | 2023 | -2.04% | -0.9% | View data |
