World - Plums And Sloes - Market Analysis, Forecast, Size, Trends and Insights
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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

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 tons), accounting for 55% of total volume. Moreover, plum and sloe consumption in China exceeded the figures recorded by the second-largest consumer, Romania (922K tons), eightfold. Serbia (392K tons) 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 tons 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 tons), accounting for 54% of total volume. Moreover, plum and sloe production in China exceeded the figures recorded by the second-largest producer, Romania (907K tons), eightfold. Serbia (413K tons) 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 tons 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 tons in 2019, growing by 2% on 2018 figures. In general, imports, however, saw a mild decline. Global imports peaked at 692K tons 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 tons), China (56K tons), Germany (44K tons), the UK (37K tons), Brazil (31K tons), the Netherlands (31K tons), Kazakhstan (24K tons), the U.S. (24K tons), Poland (19K tons), Canada (16K tons), Iraq (15K tons) and Romania (15K tons), 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 ton, 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 ton 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 ton), while Iraq ($228 per ton) 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.

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Source: IndexBox Market Intelligence Platform

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 2030.

Product coverage:

  • FCL 536 - Plums

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • 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
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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