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World - Plums And Sloes - Market Analysis, Forecast, Size, Trends and Insights
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Article Publishing Date: Sep 18, 2020

Apart from China, Romania, the U.S., and Serbia Constitute Top Plum and Sloe Markets

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IndexBox has just published a new report: 'World - Plums And Sloes - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

In 2019, the global plum and sloe market was finally on the rise to reach $14B for the first time since 2014, thus ending a four-year declining trend. The market value increased at an average annual rate of +1.7% over the period from 2013 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2014 when the market value increased by 17% against the previous year. As a result, consumption attained a peak level of $14.8B. From 2015 to 2019, the growth of the global market remained at a lower figure.

Consumption by Country

The country with the largest volume of plum and sloe consumption was China (7M tonnes), accounting for 55% of total volume. Moreover, plum and sloe consumption in China exceeded the figures recorded by the second-largest consumer, Romania (922K tonnes), eightfold. Serbia (392K tonnes) ranked third in terms of total consumption with a 3.1% share.

From 2013 to 2019, the average annual growth rate of volume in China stood at +2.0%. The remaining consuming countries recorded the following average annual rates of consumption growth: Romania (+10.2% per year) and Serbia (-5.0% per year).

In value terms, China ($8.3B) led the market, alone. The second position in the ranking was occupied by Romania ($698M). It was followed by the U.S..

The countries with the highest levels of plum and sloe per capita consumption in 2019 were Bosnia and Herzegovina (58 kg per person), Romania (48 kg per person) and Serbia (45 kg per person).

From 2013 to 2019, the biggest increases were in Morocco, while plum and sloe per capita consumption for the other global leaders experienced more modest paces of growth.

Production

In 2019, approx. 13M tonnes of plums and sloes were produced worldwide; surging by 3.1% on 2018 figures. The total output volume increased at an average annual rate of +2.4% over the period from 2013 to 2019; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The generally positive trend in terms output was largely conditioned by a temperate expansion of the harvested area and notable growth in yield figures.

Production by Country

The country with the largest volume of plum and sloe production was China (7M tonnes), accounting for 54% of total volume. Moreover, plum and sloe production in China exceeded the figures recorded by the second-largest producer, Romania (907K tonnes), eightfold. Serbia (413K tonnes) ranked third in terms of total production with a 3.2% share.

From 2013 to 2019, the average annual growth rate of volume in China amounted to +2.2%. In other countries, the average annual rates were as follows: Romania (+10.0% per year) and Serbia (-5.2% per year).

Harvested Area and Yield

In 2019, the total area harvested in terms of plums and sloes production worldwide amounted to 2.7M ha, surging by 1.5% against 2018. The global harvested area peaked in 2019 and is likely to see gradual growth in the near future.

The global average plum and sloe yield rose to 4.9 tonnes per ha in 2019, picking up by 1.5% compared with the previous year. The yield figure increased at an average annual rate of +2.3% from 2013 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. 

Imports

Global plum and sloe imports expanded modestly to 616K tonnes in 2019, growing by 2% on 2018 figures. In general, imports, however, saw a mild decline. Global imports peaked at 692K tonnes in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure. In value terms, plum and sloe imports totaled $790M (IndexBox estimates) in 2019. 

Imports by Country

The countries with the highest levels of plum and sloe imports in 2019 were Russia (80K tonnes), China (56K tonnes), Germany (44K tonnes), the UK (37K tonnes), Brazil (31K tonnes), the Netherlands (31K tonnes), Kazakhstan (24K tonnes), the U.S. (24K tonnes), Poland (19K tonnes), Canada (16K tonnes), Iraq (15K tonnes) and Romania (15K tonnes), together accounting for 64% of total import.

From 2013 to 2019, the biggest increases were in Romania, while purchases for the other global leaders experienced more modest paces of growth.

In value terms, China ($121M) constitutes the largest market for imported plums and sloes worldwide, comprising 15% of global imports. The second position in the ranking was occupied by Russia ($58M), with a 7.3% share of global imports. It was followed by Germany, with a 6.9% share.

Import Prices by Country

In 2019, the average plum and sloe import price amounted to $1,283 per tonne, approximately reflecting the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 7.7% year-to-year. Global import price peaked at $1,347 per tonne in 2014; afterward, it flattened through to 2019.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($2,216 per tonne), while Iraq ($228 per tonne) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 536 - Plums

This report provides an in-depth analysis of the global plum and sloe market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Harvested Area, By Country, 2007-2019
Table 7:
Yield, By Country, 2007-2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Area Harvested, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Harvested Area, By Country, 2019
Figure 24:
Harvested Area, By Country, 2007-2019
Figure 25:
Yield, By Country, 2007-2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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