Following a tighter pineapple supply approximately one month ago, the supply of pineapples has been more consistent recently. That said, pricing trends on pineapple so far this year tell more of the story.
Through the end of last year and the beginning of this year, pineapples saw softer pricing that ranged between $12 to $15 CAD. Then prices moved back up over market pricing to above $20 CAD, and then to $22. "Now pricing is strong again and it is between $22 to $28 CAD," says Richard Donsky of Mister Produce, based in Etobicoke, Ontario. "When there's a crop changeover, the price goes up, and depending on the market, they see if those prices hold. So the prices went up but they didn't hold and instead, fell back down."
Supplying regions
As for supply, pineapples are coming largely from Costa Rica though Ecuador and other central South American countries are also supplying fruit.
Meanwhile, the demand for pineapples also tends to be consistent. "In foodservice for example, it's not a price-sensitive item. If the price really goes crazy, people don't care, they buy them anyway," says Donsky, who adds that he's also seeing more supply available of crownless pineapples.
For more information:
Richard Donsky
Mister Produce
Tel: +1 (416) 252-9191 ext 10
[email protected]
https://www.misterproduce.com/