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A product of the Private Sector Outreach of the Office of Trade Negotiations (OTN), formerly the
         +                                     CRNM




                                              Private Sector
                                                Trade Note
                                                                     CARICOM’s
                                                                Fresh Pineapples Trade
   GLOBAL FRESH PINEAPPLE TRADE                      import trade represented a US$2.2bn global          Recently, world import spending on fresh
 OVERVIEW                                             market. The USA was the top import market           pineapples has not been very dynamic.
                                                      accounting for over 26% of global fresh pineapple   Whereas global merchandise import spending
 Fresh      pineapple     represents     another      sales in 2010. Other top import markets for fresh   grew by 3% per annum between 2006 and
 international trade opportunity that can be          pineapple in 2010 included Belgium; Germany;        2010, import spending on fresh pineapples was
 promoted      through     international   trade      The Netherlands; The United Kingdom; Italy;         consistent with this rate of growth (see table 1).
 negotiations, and this Trade Note will highlight     Spain and Japan. These countries jointly            The growth trend improved between 2009 and
 recent trade performance, and the tariff             accounted for under three-quarter (73%) of global   2010, expanding to 5% growth in this period.
 treatment that can be expected in major              fresh pineapple import expenditure in 2010 (see     Fresh pineapple import expenditure in The
 international markets. In 2010, fresh pineapple      table 1).                                           United Kingdom; Portugal; The Russian

                                                  Table 1: Top Importing Markets for Fresh Pineapples

      Importers              2010 import     2010 import (USD/ton) Average import     Average       Average       world      Average
                          spending(US$’000) volume (ton)           spending growth import volume     import      import     tariff (%)
                                                                      06/10 (%)     growth 06/10    spending    share (%)
                                                                                        (%)       growth 09/10
                                                                                                      (%)
World                              2,187,972    2,706,872      808                3             3             5        100
United States of                     585,167      815,872      717                4             5            11        26.7          0.5
America
Belgium                                209,454        258,913          809                -1               1              -13           9.6            1.1
Germany                                179,064        183,325          977                 4               5               -8           8.2            1.1
Netherlands                            153,476        184,401          832                -4              -6               21             7            1.1
United Kingdom                         138,861        155,255          894                 6              11                2           6.3            1.1
Italy                                  122,086        142,059          859                -1               1               -1           5.6            1.1
Spain                                  103,592        117,797          879                 4               4               -1           4.7            1.1
Japan                                  101,403        142,588          711                 5              -3               -9           4.6            9.6
Canada                                  97,402        103,251          943                 1              -1               10           4.5              0
France                                  83,074         96,934          857                -4              -4                1           3.8            1.1
Portugal                                61,434         73,104          840                13              14                6           2.8            1.1
Russian Federation                      47,161         48,334          976                22              13               59           2.2            5.8
Republic of Korea                       44,779         60,565          739                -2              -3               16             2             30
  Source: International Trade Centre, www.trademap.org [Retrieved February 24, 2012]
                                                                    www.crnm.org
Federation; China; Switzerland; Lithuania and
                                                              CARICOM FRESH PINEAPPLE TRADE                         CARICOM fresh pineapple exporters did not
                                                              PROFILE1                                               seek a wide range of international markets, as
  The Czech Republic have exhibited dynamism.
                                                                                                                     in 2010, they generated all their international
  In one respect, the fresh pineapple market seems            CARICOM exporters are under utilizing the              sales from 5 markets, Barbados, Montenegro,
  protected, as tariffs figure as an impediment to            possibilities for trading fresh pineapple globally     Canada, Aruba and Croatia. The top three
  trade for most of the top import markets. In 2010,          (see figure 1). Fresh pineapple exports have           markets are further explored in section 2.1.
  only Canada did not impose trade duties on                  not kept pace with exports from the dominant           This represents no change in the number of
  imports of fresh pineapples. In 2010, Canada                export centres such as mining and energy               export markets serviced (the market spread) as
  accounted for 4.5% of global fresh pineapple                products. Whereas total regional export sales          in 2001, CARICOM exporters of fresh
  import spending. Other duty free markets for                have grown by 10.7% annually between 2001              pineapples generated their sales from 5
  fresh pineapples in 2010 included, Saudi Arabia;            and 2010, export sales for CARICOM fresh               markets, Barbados, Canada, The USA,
  Hong Kong; Norway; New Zealand; Singapore;                  pineapples have grown by 4.6% over this                Hungary and Montserrat, with Barbados being
  Oman; Australia; Aruba; Iceland; Macao; Bahrain;
  Georgia and Cape Verde. These markets jointly                                   Figure 1: CARICOM Export Sales of Fresh Pineapple (US$’000)
  accounted for a little more than 6% of global
  import spending on fresh pineapples in 2010.

  Costa Rica was the top exporter of fresh                              800
  pineapple in 2010 accounting for over 44% of
                                                                        600
  global export sales. Other top exporters of fresh
  pineapple in 2010 included, Belgium (13.5% of
                                                                        400
  global export sales); The Netherlands (8.8% of
  world export sales); the USA (6.7% of global                          200
  sales); and The Philippines (2.8% of world export
  sales). The fresh pineapple market is dominated                          0
                                                                                  2001    2002     2003     2004   2005     2006     2007     2008     2009   2010
  by a few countries, as the top five export
                                                                         Total    241      337      367     667     717      443     523      460      584    362
  suppliers accounted for almost four fifths (76%) of
  global exports in 2010. The most dynamic
  exporters between 2006 and 2010 included
  Romania (182% growth in export sales); Turkey              Source: International Trade Centre, Trade Map, www.trademap.org [Retrieved February 24, 2012]
  (138% growth); Hong Kong, China (106%
  growth); and The Dominican Republic (93%                    period. In 2010, CARICOM exporters of fresh            the dominant market. CARICOM based fresh
  growth).                                                    pineapple generated US$362,000 in sales (see           pineapple exporters have focused on a few
                                                              figure 1). This outturn represented a more than        markets, and have not achieved success in
                                                              38% decline between 2009 and 2010.                     penetrating those markets in that they have not
                                                                                                                     generated significant export sales.

                                                                                          Table 2: CARICOM Export of Fresh Pineapple




                                                             Source: International Trade Centre, Trade Map, www.trademap.org [Retrieved February 24, 2012]

                                                       CARICOM exporters of fresh pineapples generated their sales from 5 markets, Barbados,
                                                        Canada, the USA, Hungary and Montserrat, with Barbados being the dominant market.


   1   Trade data for CARICOM in 2010 is preliminary, and in some cases mirror statistics have been used.




                                                                         www.crnm.org
It is also apparent that pineapple exporters          export price was also competitive globally at       &Tobago has basically retreated from
are focusing on intra-CARICOM markets as              almost half the global average price at which       exporting fresh pineapples to Barbados (see
Barbados was consistently the top import              fresh pineapples was sold on the world              table 3).
market for this product between 2001 and              market. At the other extreme, fresh pineapple
2010. However, there have been intermittent           exports from Dominica were the most                   Guyana (the 55th ranked exporter of fresh
exports of fresh pineapples to various extra-         expensive from CARICOM in 2010. In 2010,              pineapples in 2010) seems to have bright long
regional markets including Germany, The               the region’s fresh pineapple exports were             term prospects in Barbados, as there was
United Kingdom and Norway. From                       generally more expensive than global export           significant dynamism in export sales between
provisional data for 2011, exports to The USA         prices, signaling possible diseconomies of            2006 and 2010. Indeed, this export growth
and Canada signaled a shift in focus to extra         scale,     and       logistics    and    cost         has accelerated between 2009 and 2010 to
regional markets.                                     uncompetitiveness factors. Guyana was the             over 167%, to almost triple sales in just a
                                                      only regional exporter with some global price         year. Panama (the 9th largest exporter in
Dominica was the top CARICOM exporter of              competitiveness and was the only dynamic              2010) is also a major competitor as export
fresh pineapple generating 57.4% of export            regional exporter of fresh pineapples.                sales to the world grew by 160% per year
sales in 2010 (see table 2). Guyana was the                                                                 between 2009 and 2010. Guyana has not
only other CARICOM Member state with any                                                                    been adequately exploiting its price
significant exports of fresh pineapples in                                                                  competitiveness. In 2010, Guyana was
2010. Export sales from Dominica grew by              EXPORT MARKET ANALYSIS                               capable of selling fresh pineapple at almost
15% annually between 2006 and 2010,                                                                         50% the average price that Barbados paid to
however there was significant                                                                                                                import this
contraction between 2009                                   Table 3: The Barbados Fresh Pineapple Market                                      product, but
and 2010 (see table 2).                                                                                                                      only
Dominica’s export volume                                                                                                                     accounted
also declined between 2006                                                                                                                   for      just
and 2010 which could be one                                                                                                                  under 5%
factor      influencing   the                                                                                                                of
relatively expensive export                                                                                                                  Barbados’
price for the product.                                                                                                                       import
                                                                                                                                             market
Exporters from Trinidad and                                                                                                                  share.
Tobago have retreated from                                                                                                                   Guyana
exporting fresh pineapple..                                                                                                                  does not
However, there have been         Source: International Trade Centre, Trade Map, www.trademap.org [Retrieved February 24, 2012]               face the
some positive observations, with Guyana’s             Overview of the Barbados fresh pineapple            40% Common External Tariff (CET) applied to
export sales growing by 33% between 2009              market                                              imports of fresh pineapples from its
and 2010 and export volume growing by 7%                                                                  competitors. Guyana also should be concerned
annually between 2006 and 2010.                       In 2010, Barbados was the top import market         about the presence of the top global exporter of
                                                      for CARICOM’s fresh pineapple both in terms         fresh pineapples, Costa Rica, in the Barbadian
Based on export price analysis, in 2010,              of import spending, and import volume.              market (see table 3). In the face of the 40%
Guyana was the most competitive exporter of           Barbados spent US$324,000 on imported               CET, between 2006 and 2010, Costa Rica has
fresh pineapple. Exporters from Guyana were           fresh pineapples in 2010. With an annual 4%         been able to expand the volume of fresh
able to sell their fresh pineapples at a price that   contraction in import spending on fresh             pineapples by 7% annually and exported 8 tons
was less than one tenth of the price at which         pineapples, Barbados’ reported growth in            of the commodity in 2010.
Dominica exports the commodity. Guyana’s              import expenditure of fresh pineapples was
                                                      below global demand trends. This negative           Between 2006 and 2010, there was an overall
                                                           outturn suggests a simultaneous                stagnation in Guyana’s export sales of fresh
                                                           examination of other markets for a more        pineapple globally. This outturn compares to a
                                                           viable export strategy for this product        3% expansion in global sales of fresh
                                                           (see table 1).                                 pineapples in the USA over the 2006 and 2010
                                                                                                          period. Costa Rica also expanded global fresh
                                                           The market for fresh pineapple in              pineapple sales by 8% per annum over this
                                                           Barbados was dominated by exports              period. Therefore, the fresh pineapple market
                                                           from The USA, Guyana, Panama, and              in Barbados may experience greater
                                                           Costa Rica which jointly accounted for         competition in the future.
                                                           over 99% of import spending in 2010.
                                                           South Africa and Trinidad & Tobago
                                                           were secondary players in Barbados’
                                                           fresh pineapple market. Trinidad


                                                                  www.crnm.org
on all suppliers of fresh pineapple. However, where      Overview of Canada’s fresh pineapple
                                                      Montenegro finalizes its accession to the European       market
                                                      Union, fresh pineapples could also become duty
                                                      free to Dominica and other CARIFORUM (i.e.
                                                                                                               Canada was the 9th largest import market for
                                                                                                               fresh pineapples in 2010. Canada spent
                               Table 4: The Montenegro Fresh Pineapple Market                                  US$97.4mn on imported fresh pineapples in
                                                                                                               2010. This market was not very dynamic with
                                                                                                               import spending expanding by 1% annually
                                                                                                               between 2006 and 2010, and import volume
                                                                                                               actually contracting by 1% annually over this
                                                                                                               period. Costa Rica was the top exporter of
                                                                                                               fresh pineapples to Canada in 2010 capturing
                                                                                                               almost 90% of import spending (see table 4).
                                                                                                               The USA, Ecuador, Honduras, Mexico,
                                                                                                               Panama, Guatemala, Thailand and Colombia
                                                                                                               also figure as major suppliers of fresh
                                                                                                               pineapple for Canada’s import market. Costa
                                                                                                               Rica was also amongst the dynamic exporters
  Source: International Trade Centre, Trade Map, www.trademap.org [Retrieved March 1, 2012]                    to the Canadian fresh pineapple market.
                                                                                                               Between 2006 and 2010, Costa Rica’s export
Overview of Montenegro’s fresh pineapple              CARICOM and The Dominican Republic)                      sales of fresh pineapple to Canada grew by
market                                                countries. Based on the foregoing analysis, it           3% annually. Costa Rica’s export to Canada
                                                      appears that Montenegro is a promising market            also intensified between 2009 and 2010,
                                                      for Dominica.                                            expanding by 13% (see table 5).
Montenegro spent US$137,000 on imported
fresh pineapples in 2010. This market,
although small, was a very dynamic one with
                                                                                 Table 5: The Canadian Fresh Pineapple Market
import spending expanding by 41% annually
between 2006 and 2010. Costa Rica was the
top exporter of fresh pineapples to
Montenegro in 2010 (see table 4). Thailand,
Panama, Dominica, Ghana and Côte d'Ivoire
also figure as major suppliers of fresh
pineapple for Montenegro’s import market.
Costa Rica was also amongst the most
dynamic exporters to the Montenegro fresh
pineapple market. Between 2006 and 2010,
Costa Rica’s export sales of fresh pineapple
to Montenegro grew by 55% annually (see
table 4).

Ghana and Ecuador were the other dynamic
exporters between 2006 and 2010. Dominica
was the only regional exporter to Montenegro
with shipments totalling US$5,000 in 2010
(see table 4). Dominica possesses a price
competitive advantage in Montenegro’s small
market with an export price almost 20%
cheaper that the price that the Montenegro
market was willing to pay for the commodity in
2010. Dominica appeared to be the cheapest
exporter of fresh pineapples to Montenegro in
2010. Dominica has also been “bullish” on
exporting fresh pineapples growing export
sales globally by 15% annually between 2006
                                                       Source: International Trade Centre, Trade Map, www.trademap.org [Retrieved March 1, 2012]
and 2010. Montenegro charges a 10% duty




                                                                   www.crnm.org
Honduras, Mexico and Panama were the other dynamic exporters between 2006 and 2010. Belize, Guyana and Jamaica were the only regional
exporters to Canada in 2010 (see table 5). Belize possesses a price competitive advantage in Canada’s considerable market with an export price
more than 30% cheaper that the price that the Canadian market was willing to pay for the commodity in 2010. Belize appeared to be amongst the
cheapest exporters of fresh pineapples to Canada in 2010. Canada doesn’t charge duties on fresh pineapples to any major exporters into its
market (see table 5). Therefore, Belize, Guyana and Jamaica will face an uphill struggle making inroads in Canada’s market against the Latin
American competition.


        EXPORT MARKET ANALYSIS

Trade in fresh pineapples is a relatively smaller international business opportunity. CARICOM-based firms have not made much progress in
penetrating the global market. With the exception of Canada, CARICOM firms have not focused on any of the top import markets for fresh
pineapples. There are possibilities howeverto earn greater economic rent from the effective management of based on brands peculiar to the region
such as the Antigua black pineapple. Between 2001 and 2010, there were no observed exports of fresh pineapples from Antigua & Barbuda.

CARICOM fresh pineapple exporters should consider market diversification. Between 2006 and 2010, fresh pineapple importers in Israel grew
import spending by 138% per annum, which was 46 times the global fresh pineapple import growth rate of 3%. Israel represents a dynamic market
which could be a target for further market development by CARICOM exporters of this product. Other dynamic import markets included Haiti
(134% growth per year); China (54%); Turkey (42%); Morocco (41%); Lebanon (34%); Saudi Arabia (25%); Russian Federation (22%); and
Argentina (16%).

A number of markets paid premium prices for fresh pineapple, and it is suggested that CARICOM exporters investigate those premium priced
markets to assess possibilities for market development. In 2010, the premium import price markets included Armenia; Israel; Austria; Switzerland;
Denmark; Lithuania; Estonia and Lebanon. Fresh pineapple exporters should assess the role of trade negotiations in their market development
initiatives.

Please provide feedback on relevant topics at lincoln.price@crnm.org .




                                                                                                  Produced by the OTN Information Unit, 2012

                                                                                                   DIRECT ALL COMMENTS OR QUERIES

                                                                                                               Mr. Lincoln Price
                                                                                                            Private Sector Liaison
                                                                                                            lincoln.price@crnm.org




                                                            www.crnm.org

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OTN - Private Sector Trade Note - vol 4 2012

  • 1. A product of the Private Sector Outreach of the Office of Trade Negotiations (OTN), formerly the + CRNM Private Sector Trade Note CARICOM’s Fresh Pineapples Trade  GLOBAL FRESH PINEAPPLE TRADE import trade represented a US$2.2bn global Recently, world import spending on fresh OVERVIEW market. The USA was the top import market pineapples has not been very dynamic.   accounting for over 26% of global fresh pineapple Whereas global merchandise import spending Fresh pineapple represents another sales in 2010. Other top import markets for fresh grew by 3% per annum between 2006 and international trade opportunity that can be pineapple in 2010 included Belgium; Germany; 2010, import spending on fresh pineapples was promoted through international trade The Netherlands; The United Kingdom; Italy; consistent with this rate of growth (see table 1). negotiations, and this Trade Note will highlight Spain and Japan. These countries jointly The growth trend improved between 2009 and recent trade performance, and the tariff accounted for under three-quarter (73%) of global 2010, expanding to 5% growth in this period. treatment that can be expected in major fresh pineapple import expenditure in 2010 (see Fresh pineapple import expenditure in The international markets. In 2010, fresh pineapple table 1). United Kingdom; Portugal; The Russian Table 1: Top Importing Markets for Fresh Pineapples Importers 2010 import 2010 import (USD/ton) Average import Average Average world Average spending(US$’000) volume (ton) spending growth import volume import import tariff (%) 06/10 (%) growth 06/10 spending share (%) (%) growth 09/10 (%) World 2,187,972 2,706,872 808 3 3 5 100 United States of 585,167 815,872 717 4 5 11 26.7 0.5 America Belgium 209,454 258,913 809 -1 1 -13 9.6 1.1 Germany 179,064 183,325 977 4 5 -8 8.2 1.1 Netherlands 153,476 184,401 832 -4 -6 21 7 1.1 United Kingdom 138,861 155,255 894 6 11 2 6.3 1.1 Italy 122,086 142,059 859 -1 1 -1 5.6 1.1 Spain 103,592 117,797 879 4 4 -1 4.7 1.1 Japan 101,403 142,588 711 5 -3 -9 4.6 9.6 Canada 97,402 103,251 943 1 -1 10 4.5 0 France 83,074 96,934 857 -4 -4 1 3.8 1.1 Portugal 61,434 73,104 840 13 14 6 2.8 1.1 Russian Federation 47,161 48,334 976 22 13 59 2.2 5.8 Republic of Korea 44,779 60,565 739 -2 -3 16 2 30 Source: International Trade Centre, www.trademap.org [Retrieved February 24, 2012] www.crnm.org
  • 2. Federation; China; Switzerland; Lithuania and CARICOM FRESH PINEAPPLE TRADE CARICOM fresh pineapple exporters did not PROFILE1 seek a wide range of international markets, as The Czech Republic have exhibited dynamism. in 2010, they generated all their international In one respect, the fresh pineapple market seems CARICOM exporters are under utilizing the sales from 5 markets, Barbados, Montenegro, protected, as tariffs figure as an impediment to possibilities for trading fresh pineapple globally Canada, Aruba and Croatia. The top three trade for most of the top import markets. In 2010, (see figure 1). Fresh pineapple exports have markets are further explored in section 2.1. only Canada did not impose trade duties on not kept pace with exports from the dominant This represents no change in the number of imports of fresh pineapples. In 2010, Canada export centres such as mining and energy export markets serviced (the market spread) as accounted for 4.5% of global fresh pineapple products. Whereas total regional export sales in 2001, CARICOM exporters of fresh import spending. Other duty free markets for have grown by 10.7% annually between 2001 pineapples generated their sales from 5 fresh pineapples in 2010 included, Saudi Arabia; and 2010, export sales for CARICOM fresh markets, Barbados, Canada, The USA, Hong Kong; Norway; New Zealand; Singapore; pineapples have grown by 4.6% over this Hungary and Montserrat, with Barbados being Oman; Australia; Aruba; Iceland; Macao; Bahrain; Georgia and Cape Verde. These markets jointly Figure 1: CARICOM Export Sales of Fresh Pineapple (US$’000) accounted for a little more than 6% of global import spending on fresh pineapples in 2010. Costa Rica was the top exporter of fresh 800 pineapple in 2010 accounting for over 44% of 600 global export sales. Other top exporters of fresh   pineapple in 2010 included, Belgium (13.5% of 400 global export sales); The Netherlands (8.8% of world export sales); the USA (6.7% of global 200 sales); and The Philippines (2.8% of world export sales). The fresh pineapple market is dominated 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 by a few countries, as the top five export Total  241 337 367 667 717 443 523 460 584 362 suppliers accounted for almost four fifths (76%) of global exports in 2010. The most dynamic exporters between 2006 and 2010 included Romania (182% growth in export sales); Turkey Source: International Trade Centre, Trade Map, www.trademap.org [Retrieved February 24, 2012] (138% growth); Hong Kong, China (106% growth); and The Dominican Republic (93% period. In 2010, CARICOM exporters of fresh the dominant market. CARICOM based fresh growth). pineapple generated US$362,000 in sales (see pineapple exporters have focused on a few figure 1). This outturn represented a more than markets, and have not achieved success in 38% decline between 2009 and 2010. penetrating those markets in that they have not generated significant export sales. Table 2: CARICOM Export of Fresh Pineapple Source: International Trade Centre, Trade Map, www.trademap.org [Retrieved February 24, 2012] CARICOM exporters of fresh pineapples generated their sales from 5 markets, Barbados, Canada, the USA, Hungary and Montserrat, with Barbados being the dominant market. 1 Trade data for CARICOM in 2010 is preliminary, and in some cases mirror statistics have been used. www.crnm.org
  • 3. It is also apparent that pineapple exporters export price was also competitive globally at &Tobago has basically retreated from are focusing on intra-CARICOM markets as almost half the global average price at which exporting fresh pineapples to Barbados (see Barbados was consistently the top import fresh pineapples was sold on the world table 3). market for this product between 2001 and market. At the other extreme, fresh pineapple 2010. However, there have been intermittent exports from Dominica were the most Guyana (the 55th ranked exporter of fresh exports of fresh pineapples to various extra- expensive from CARICOM in 2010. In 2010, pineapples in 2010) seems to have bright long regional markets including Germany, The the region’s fresh pineapple exports were term prospects in Barbados, as there was United Kingdom and Norway. From generally more expensive than global export significant dynamism in export sales between provisional data for 2011, exports to The USA prices, signaling possible diseconomies of 2006 and 2010. Indeed, this export growth and Canada signaled a shift in focus to extra scale, and logistics and cost has accelerated between 2009 and 2010 to regional markets. uncompetitiveness factors. Guyana was the over 167%, to almost triple sales in just a only regional exporter with some global price year. Panama (the 9th largest exporter in Dominica was the top CARICOM exporter of competitiveness and was the only dynamic 2010) is also a major competitor as export fresh pineapple generating 57.4% of export regional exporter of fresh pineapples. sales to the world grew by 160% per year sales in 2010 (see table 2). Guyana was the between 2009 and 2010. Guyana has not only other CARICOM Member state with any been adequately exploiting its price significant exports of fresh pineapples in competitiveness. In 2010, Guyana was 2010. Export sales from Dominica grew by  EXPORT MARKET ANALYSIS capable of selling fresh pineapple at almost 15% annually between 2006 and 2010, 50% the average price that Barbados paid to however there was significant import this contraction between 2009 Table 3: The Barbados Fresh Pineapple Market product, but and 2010 (see table 2). only Dominica’s export volume accounted also declined between 2006 for just and 2010 which could be one under 5% factor influencing the of relatively expensive export Barbados’ price for the product. import market Exporters from Trinidad and share. Tobago have retreated from Guyana exporting fresh pineapple.. does not However, there have been Source: International Trade Centre, Trade Map, www.trademap.org [Retrieved February 24, 2012] face the some positive observations, with Guyana’s Overview of the Barbados fresh pineapple 40% Common External Tariff (CET) applied to export sales growing by 33% between 2009 market imports of fresh pineapples from its and 2010 and export volume growing by 7% competitors. Guyana also should be concerned annually between 2006 and 2010. In 2010, Barbados was the top import market about the presence of the top global exporter of for CARICOM’s fresh pineapple both in terms fresh pineapples, Costa Rica, in the Barbadian Based on export price analysis, in 2010, of import spending, and import volume. market (see table 3). In the face of the 40% Guyana was the most competitive exporter of Barbados spent US$324,000 on imported CET, between 2006 and 2010, Costa Rica has fresh pineapple. Exporters from Guyana were fresh pineapples in 2010. With an annual 4% been able to expand the volume of fresh able to sell their fresh pineapples at a price that contraction in import spending on fresh pineapples by 7% annually and exported 8 tons was less than one tenth of the price at which pineapples, Barbados’ reported growth in of the commodity in 2010. Dominica exports the commodity. Guyana’s import expenditure of fresh pineapples was below global demand trends. This negative Between 2006 and 2010, there was an overall outturn suggests a simultaneous stagnation in Guyana’s export sales of fresh examination of other markets for a more pineapple globally. This outturn compares to a viable export strategy for this product 3% expansion in global sales of fresh (see table 1). pineapples in the USA over the 2006 and 2010 period. Costa Rica also expanded global fresh The market for fresh pineapple in pineapple sales by 8% per annum over this Barbados was dominated by exports period. Therefore, the fresh pineapple market from The USA, Guyana, Panama, and in Barbados may experience greater Costa Rica which jointly accounted for competition in the future. over 99% of import spending in 2010. South Africa and Trinidad & Tobago were secondary players in Barbados’ fresh pineapple market. Trinidad www.crnm.org
  • 4. on all suppliers of fresh pineapple. However, where Overview of Canada’s fresh pineapple Montenegro finalizes its accession to the European market Union, fresh pineapples could also become duty free to Dominica and other CARIFORUM (i.e. Canada was the 9th largest import market for fresh pineapples in 2010. Canada spent Table 4: The Montenegro Fresh Pineapple Market US$97.4mn on imported fresh pineapples in 2010. This market was not very dynamic with import spending expanding by 1% annually between 2006 and 2010, and import volume actually contracting by 1% annually over this period. Costa Rica was the top exporter of fresh pineapples to Canada in 2010 capturing almost 90% of import spending (see table 4). The USA, Ecuador, Honduras, Mexico, Panama, Guatemala, Thailand and Colombia also figure as major suppliers of fresh pineapple for Canada’s import market. Costa Rica was also amongst the dynamic exporters Source: International Trade Centre, Trade Map, www.trademap.org [Retrieved March 1, 2012] to the Canadian fresh pineapple market. Between 2006 and 2010, Costa Rica’s export Overview of Montenegro’s fresh pineapple CARICOM and The Dominican Republic) sales of fresh pineapple to Canada grew by market countries. Based on the foregoing analysis, it 3% annually. Costa Rica’s export to Canada appears that Montenegro is a promising market also intensified between 2009 and 2010, for Dominica. expanding by 13% (see table 5). Montenegro spent US$137,000 on imported fresh pineapples in 2010. This market, although small, was a very dynamic one with Table 5: The Canadian Fresh Pineapple Market import spending expanding by 41% annually between 2006 and 2010. Costa Rica was the top exporter of fresh pineapples to Montenegro in 2010 (see table 4). Thailand, Panama, Dominica, Ghana and Côte d'Ivoire also figure as major suppliers of fresh pineapple for Montenegro’s import market. Costa Rica was also amongst the most dynamic exporters to the Montenegro fresh pineapple market. Between 2006 and 2010, Costa Rica’s export sales of fresh pineapple to Montenegro grew by 55% annually (see table 4). Ghana and Ecuador were the other dynamic exporters between 2006 and 2010. Dominica was the only regional exporter to Montenegro with shipments totalling US$5,000 in 2010 (see table 4). Dominica possesses a price competitive advantage in Montenegro’s small market with an export price almost 20% cheaper that the price that the Montenegro market was willing to pay for the commodity in 2010. Dominica appeared to be the cheapest exporter of fresh pineapples to Montenegro in 2010. Dominica has also been “bullish” on exporting fresh pineapples growing export sales globally by 15% annually between 2006 Source: International Trade Centre, Trade Map, www.trademap.org [Retrieved March 1, 2012] and 2010. Montenegro charges a 10% duty www.crnm.org
  • 5. Honduras, Mexico and Panama were the other dynamic exporters between 2006 and 2010. Belize, Guyana and Jamaica were the only regional exporters to Canada in 2010 (see table 5). Belize possesses a price competitive advantage in Canada’s considerable market with an export price more than 30% cheaper that the price that the Canadian market was willing to pay for the commodity in 2010. Belize appeared to be amongst the cheapest exporters of fresh pineapples to Canada in 2010. Canada doesn’t charge duties on fresh pineapples to any major exporters into its market (see table 5). Therefore, Belize, Guyana and Jamaica will face an uphill struggle making inroads in Canada’s market against the Latin American competition.  EXPORT MARKET ANALYSIS Trade in fresh pineapples is a relatively smaller international business opportunity. CARICOM-based firms have not made much progress in penetrating the global market. With the exception of Canada, CARICOM firms have not focused on any of the top import markets for fresh pineapples. There are possibilities howeverto earn greater economic rent from the effective management of based on brands peculiar to the region such as the Antigua black pineapple. Between 2001 and 2010, there were no observed exports of fresh pineapples from Antigua & Barbuda. CARICOM fresh pineapple exporters should consider market diversification. Between 2006 and 2010, fresh pineapple importers in Israel grew import spending by 138% per annum, which was 46 times the global fresh pineapple import growth rate of 3%. Israel represents a dynamic market which could be a target for further market development by CARICOM exporters of this product. Other dynamic import markets included Haiti (134% growth per year); China (54%); Turkey (42%); Morocco (41%); Lebanon (34%); Saudi Arabia (25%); Russian Federation (22%); and Argentina (16%). A number of markets paid premium prices for fresh pineapple, and it is suggested that CARICOM exporters investigate those premium priced markets to assess possibilities for market development. In 2010, the premium import price markets included Armenia; Israel; Austria; Switzerland; Denmark; Lithuania; Estonia and Lebanon. Fresh pineapple exporters should assess the role of trade negotiations in their market development initiatives. Please provide feedback on relevant topics at lincoln.price@crnm.org . Produced by the OTN Information Unit, 2012 DIRECT ALL COMMENTS OR QUERIES Mr. Lincoln Price Private Sector Liaison lincoln.price@crnm.org www.crnm.org