Pineapple Market Update
As we move through 2025, the pineapple market is projected to remain firm with supply constraints impacting availability through the first half of the year. Here’s what you need to know about current market conditions.
INDONESIA:
- Total raw material volume for 2025 is expected to align with 2024 at approximately 590K MTs.
- The harvest is weighted towards the second half of the year, with only 40% of total volume available in the first six months.
- Supply will be tighter early in the year, especially for choice-grade products.
THAILAND:
- The 2024 harvest was one of the lowest in decades, totaling 692K MTs, a 4% decline from 2023.
- Production in 2025 is forecasted to improve to 850K MTs, but this remains below the six-year average of 930K MTs.
- Due to ongoing supply constraints, market conditions are expected to remain firm.
We continue to monitor these conditions closely and will provide updates as the year progresses. If you have any questions or specific sourcing needs, please reach out to your representative.
OVERALL MARKET OUTLOOK
- From Indonesia, raw material volumes are forecast to remain lower through Q3 2025.
- While Thailand’s production is forecast to increase, the overall market remains constrained.
- Pricing is anticipated to stay firm, with potential fluctuations depending on demand and crop performance.