Now we are approaching the completion of the first month in 2020, it has become apparent that there is a limited supply of Pineapple, which is rather strange in comparison to the historical records. People are now even more pessimistic over this years total supply, it is expected to be less than 1 million tons (compared to Y2019 @ 1.05 million tons). This is mainly due to the shortage of rain in the last 3 months when it’s important for the Ratoon to get the water after flowering.
In addition to this, the irruption of a volcano in the southern part of the Philippines has caused yet more damage to pineapple plantations.
Considering all of the above, it is important to consider a significant reduction of global pineapple supply in 2020.