Malaysia - Plums And Sloes - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

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

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Plum and Sloe Price in Malaysia - 2021

Contents:

  1. Plum and Sloe Price in Malaysia (CIF) - 2021
  2. Plum and Sloe Price in Malaysia (FOB) - 2022
  3. Plum and Sloe Imports in Malaysia
  4. Plum and Sloe Exports in Malaysia

Plum and Sloe Price in Malaysia (CIF) - 2021

In December 2021, the average plum and sloe import price amounted to $2,146 per ton, growing by 28% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2021 when the average import price increased by 62% month-to-month. Over the period under review, average import prices reached the maximum at $2,633 per ton in January 2021; however, from February 2021 to December 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Australia ($3,010 per ton), while the price for Egypt ($408 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by China (+8.4%), while the prices for the other major suppliers experienced a decline.

Plum and Sloe Price in Malaysia (FOB) - 2022

In 2022, the average plum and sloe export price amounted to $1,347 per ton, declining by -9% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 54%. Over the period under review, the average export prices reached the peak figure at $1,976 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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 Hong Kong SAR ($5,090 per ton), while the average price for exports to Singapore ($480 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 Vietnam (+14.9%), while the prices for the other major destinations experienced mixed trend patterns.

Plum and Sloe Imports in Malaysia

In 2022, supplies from abroad of plums and sloes was finally on the rise to reach 3.1K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt curtailment.

In value terms, plum and sloe imports reduced to $5.7M in 2022. Over the period under review, imports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 6.6% against the previous year.

Import of Plum and Sloe in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa2,1951,6912,0631,836-5.8%
China6161,1721,2251,18424.3%
Spain759476386517-12.0%
Australia940664841510-18.4%
Singapore11013926938451.7%
United States338361282265-7.8%
Italy11512713715410.2%
Chile68628512822.0-68.2%
Others1,101566515790-10.5%
Total6,8605,4815,8455,663-6.2%

Top Suppliers of Plum and Sloe to Malaysia in 2022:

  1. South Africa (1193.9 tons)
  2. China (735.9 tons)
  3. Spain (297.4 tons)
  4. Singapore (159.0 tons)
  5. Australia (103.5 tons)
  6. Italy (92.9 tons)
  7. United States (46.5 tons)
  8. Chile (13.0 tons)

Plum and Sloe Exports in Malaysia

In 2022, plum and sloe exports from Malaysia fell to 57 tons, remaining relatively unchanged against 2021. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 1.4%.

In value terms, plum and sloe exports shrank to $77K in 2022. In general, exports saw a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 24%.

Export of Plum and Sloe in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR31.618.916.314.8-22.3%
India19.013.815.713.6-10.5%
Indonesia14.77.313.612.4-5.5%
Singapore20.618.814.212.3-15.8%
Vietnam6.32.013.312.124.3%
Thailand5.16.98.27.413.2%
Others3.01.03.74.211.9%
Total10068.785.076.8-8.4%

Top Export Markets for Plum and Sloe from Malaysia in 2022:

  1. Singapore (25.7 tons)
  2. India (8.3 tons)
  3. Indonesia (8.0 tons)
  4. Thailand (6.9 tons)
  5. Vietnam (4.2 tons)
  6. Hong Kong SAR (2.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plum and sloe market in Malaysia. 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:

  • Malaysia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Malaysia
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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 In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

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