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Lanai at one time grew 98% of the world's pineapples. But…

“Lanai at one time grew 98% of the world's pineapples. But the world's pineapples are now grown in two places, Costa Rica and Panama, because no one wants to spend $45 for a pineapple from the United States.” quote by Larry Ellison
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“Lanai at one time grew 98% of the world's pineapples. But the world's pineapples are now grown in two places, Costa Rica and Panama, because no one wants to spend $45 for a pineapple from the United States.”

Larry Ellison

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

The U.S. once dominated pineapple production, but high costs shifted global supply to cheaper regions, reducing domestic relevance.

In simple terms: U.S. pineapples lost market share due to price.

Key Takeaway

Consider cost and location when evaluating product viability.

Themes

economics global trade agriculture competition

Mood

analytical reflective

Type

business economic observational

When to use this quote

  • import decisions
  • business strategy
  • consumer pricing
  • agricultural policy

Key Concepts

supply chain economics price elasticity market concentration

Questions to Reflect On

  • How do price differences influence consumer loyalty?
  • What strategies could revive domestic pineapple production?
A Different Perspective

Higher prices can outweigh local advantage, limiting consumer willingness to pay.

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