Colombia: Plum And Sloe Market Overview 2021

Plum And Sloe Market Size in Colombia

The Colombian plum and sloe market declined slightly to $X in 2019, with a decrease of -X% against the previous year. Overall, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Plum and sloe consumption peaked at $X in 2018, and then reduced modestly in the following year.

Plum And Sloe Production in Colombia

In value terms, plum and sloe production shrank to $X in 2019 estimated in export prices. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X, and then contracted in the following year.

The average yield of plums and sloes in Colombia rose modestly to X tonnes per ha in 2019, picking up by X% compared with the previous year. In general, the yield indicated a temperate increase from 2007 to 2019: its figure increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, plum and sloe yield decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2009 when the yield increased by X% year-to-year. The plum and sloe yield peaked at X tonnes per ha in 2017; however, from 2018 to 2019, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The plum and sloe harvested area in Colombia stood at X ha in 2019, remaining constant against 2018. Overall, the harvested area, however, recorded a mild decline. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. The plum and sloe harvested area peaked at X ha in 2007; however, from 2008 to 2019, the harvested area failed to regain the momentum.

Plum And Sloe Exports

Exports from Colombia

Plum and sloe exports from Colombia fell sharply to X tonnes in 2019, declining by -X% against the previous year's figure. In general, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2013 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. From 2014 to 2019, the growth exports failed to regain the momentum.

In value terms, plum and sloe exports reduced dramatically to $X in 2019. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. From 2014 to 2019, the growth exports remained at a lower figure.

Exports by Country

Curacao (X tonnes) was the main destination for plum and sloe exports from Colombia, accounting for a X% share of total exports. Moreover, plum and sloe exports to Curacao exceeded the volume sent to the second major destination, Aruba (X tonnes), eightfold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Curacao was relatively modest.

In value terms, Curacao ($X) remains the key foreign market for plum and sloe exports from Colombia, comprising X% of total exports. The second position in the ranking was occupied by Aruba ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to Curacao stood at -X%.

Export Prices by Country

The average plum and sloe export price stood at $X per tonne in 2019, reducing by -X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% year-to-year. The export price peaked at $X per tonne in 2010; however, from 2011 to 2019, export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2019, the country with the highest price was Aruba ($X per tonne), while the average price for exports to Curacao stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Aruba.

Plum And Sloe Imports

Imports into Colombia

After four years of decline, purchases abroad of plums and sloes increased by X% to X tonnes in 2019. In general, total imports indicated temperate growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2012 indices. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2012; however, from 2013 to 2019, imports failed to regain the momentum.

In value terms, plum and sloe imports totaled $X in 2019. Overall, imports posted a moderate expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Chile (X tonnes), Spain (X tonnes) and Italy (X tonnes) were the main suppliers of plum and sloe imports to Colombia, with a combined X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain, while imports for the other leaders experienced mixed trend patterns.

In value terms, Chile ($X), Spain ($X) and Italy ($X) appeared to be the largest plum and sloe suppliers to Colombia, together comprising X% of total imports.

In terms of the main suppliers, Spain recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average plum and sloe import price stood at $X per tonne in 2019, falling by -X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne, and then reduced in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was Chile ($X per tonne), while the price for Italy ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Chile, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plums and sloes in the world?

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China (7M tonnes) constituted the country with the largest volume of plum and sloe consumption, comprising approx. 55% of total volume. Moreover, plum and sloe consumption in China exceeded the figures recorded by the second-largest consumer, Romania (708K tonnes), tenfold. The third position in this ranking was occupied by Serbia (542K tonnes), with a 4.3% share.

What are the largest producers of plums and sloes in the world?

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The country with the largest volume of plum and sloe production was China (7M tonnes), comprising approx. 55% of total volume. Moreover, plum and sloe production in China exceeded the figures recorded by the second-largest producer, Romania (693K tonnes), tenfold. Serbia (559K tonnes) ranked third in terms of total production with a 4.4% share.

What are the leading suppliers of plums and sloes to Colombia?

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In value terms, Chile ($2M), Spain ($1.6M) and Italy ($202K) were the largest plum and sloe suppliers to Colombia, with a combined 100% share of total imports.

What are the leading importers of plums and sloes from Colombia?

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In value terms, Curacao ($15K) remains the key foreign market for plum and sloe exports from Colombia, comprising 87% of total exports. The second position in the ranking was occupied by Aruba ($2.1K), with a 13% share of total exports.

What is the average export price for plums and sloes in Colombia?

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In 2019, the average plum and sloe export price amounted to $1,848 per tonne, shrinking by -10.7% against the previous year.

What is the average import price for plums and sloes in Colombia?

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In 2019, the average plum and sloe import price amounted to $1,429 per tonne, with a decrease of -12.7% against the previous year.