The fruit juice industry has complained about a scarce and more expensive range of pineapple juice. “The shares of the manufacturers are largely exhausted and the harvesting in the most important growing countries are less than normal,” the association said.
The juice manufacturers would receive lower delivery quantities. Moreover, the fresh fruit in the retail trade is considerably smaller than normal. It was initially unclear whether sap prices would rise in the retail trade. Pineapinair SAP from well -known brands from Concentrate cost just as much on Monday according to the Idealo price comparison portal in shipping as a year ago – 2.89 to 3.55 euros per liter. Discounters currently offer direct juices for 2.99 euros per liter.
Price for the industry increased
In Thailand and in the Philippines, harvesting as a result of drought has decreased to less than 50 percent of the earlier harvest quantities, said the association of the fruit juice industry. In Costa Rica, extreme drought and heavy rainfall also led to crops failure. According to VDF, Juice now costs around $ 1300 (around 1253 euros) per tonne for the industry, 50 percent more than half a year ago.
The world’s largest producer of pineapple concentrate is Thailand, followed by the Philippines and Indonesia. Direct SAP is mainly from Costa Rica. Due to the climatic conditions, only regions near the equator are eligible for cultivation.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
