Australia - Plums And Sloes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlum and Sloe Price in Australia - 2023
Contents:
- Plum and Sloe Price in Australia (FOB) - 2022
- Plum and Sloe Price in Australia (CIF) - 2023
- Plum and Sloe Exports in Australia
- Plum and Sloe Imports in Australia
Plum and Sloe Price in Australia (FOB) - 2022
The average plum and sloe export price stood at $2,925 per ton in 2022, dropping by -5.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,105 per ton in 2021, and then reduced in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($4,612 per ton), while the average price for exports to Indonesia ($2,146 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Plum and Sloe Price in Australia (CIF) - 2023
The average plum and sloe import price stood at $8,356 per ton in July 2023, growing by 19% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From July 2022 to July 2023, the rate of growth in terms of prices for the United States amounted to +0.0% per month.
Plum and Sloe Exports in Australia
In 2022, plum and sloe exports from Australia contracted sharply to 6.1K tons, which is down by -16.4% on the previous year. In general, exports saw a perceptible setback. The growth pace was the most rapid in 2021 with an increase of 39%. As a result, the exports reached the peak of 7.3K tons, and then dropped significantly in the following year.
In value terms, plum and sloe exports shrank significantly to $18M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 60%. As a result, the exports reached the peak of $23M, and then declined remarkably in the following year.
| Export of Plum and Sloe in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.7 | 8.1 | 15.2 | 12.4 | 17.2% |
| Singapore | 1.9 | 1.4 | 1.9 | 1.7 | -3.6% |
| Hong Kong SAR | 4.2 | 1.6 | 1.9 | 1.2 | -34.1% |
| Indonesia | 1.9 | 1.3 | 0.9 | 1.0 | -19.3% |
| Malaysia | 0.9 | 0.6 | 0.9 | 0.6 | -12.6% |
| Others | 1.1 | 1.2 | 1.9 | 0.8 | -10.1% |
| Total | 17.7 | 14.2 | 22.6 | 17.8 | 0.2% |
Top Export Markets for Plum and Sloe from Australia in 2022:
- China (4.4K tons)
- Singapore (0.7K tons)
- Indonesia (0.5K tons)
- Hong Kong SAR (0.4K tons)
- Malaysia (0.1K tons)
Plum and Sloe Imports in Australia
In 2022, overseas purchases of plums and sloes decreased by -85.8% to 69 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a precipitous contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. As a result, imports attained the peak of 486 tons, and then declined significantly in the following year.
In value terms, plum and sloe imports reduced markedly to $155K in 2022. Over the period under review, imports recorded a dramatic contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 4.2%. As a result, imports reached the peak of $1.8M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Plum and Sloe in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.8 | 1.8 | 1.7 | 0.8 | -23.7% |
| Others | N/A | N/A | N/A | -0.6 | 0% |
| Total | 1.8 | 1.8 | 1.8 | 0.2 | -51.9% |
Top Suppliers of Plum and Sloe to Australia in 2022:
- United States (194.6 tons)
This report provides an in-depth analysis of the plum and sloe market in Australia. 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:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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