Colombia: Plum And Sloe Market Overview 2021

Plum And Sloe Market Size in Colombia

The Colombian plum and sloe market declined to $X in 2019, waning by -X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the market value increased by X% year-to-year. Plum and sloe consumption peaked at $X in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.

Plum And Sloe Production in Colombia

In value terms, plum and sloe production declined to $X in 2019 estimated in export prices. Over the period under review, production showed a slight contraction. The growth pace was the most rapid in 2018 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.

In 2019, the average plum and sloe yield in Colombia rose to X tonnes per ha, with an increase of X% against the previous year's figure. Overall, the yield indicated slight growth from 2007 to 2019: its figure increased at an average annual rate of +X% over the last twelve years. 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 2016 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, the average plum and sloe yield attained the maximum level at X tonnes per ha in 2016; however, from 2017 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.

In 2019, approx. X ha of plums and sloes were harvested in Colombia; waning by -X% compared with 2018. Over the period under review, the harvested area continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2014 when the harvested area increased by X% against the previous year. 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

In 2019, exports of plums and sloes from Colombia declined markedly to X tonnes, which is down by -X% compared with the year before. Overall, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. As a result, exports attained the peak of X tonnes. From 2014 to 2019, the growth exports failed to regain the momentum.

In value terms, plum and sloe exports dropped notably to $X in 2019. In general, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2013 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. From 2014 to 2019, the growth exports remained at a somewhat 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 growth rate 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 totaled -X%.

Export Prices by Country

In 2019, the average plum and sloe export price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the maximum at $X per tonne in 2010; however, from 2011 to 2019, export prices failed to regain the momentum.

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

In 2019, purchases abroad of plums and sloes was finally on the rise to reach X tonnes for the first time since 2014, thus ending a four-year declining trend. Overall, total imports indicated a moderate expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. 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. Imports peaked at X tonnes in 2012; however, from 2013 to 2019, imports remained at a lower figure.

In value terms, plum and sloe imports rose remarkably to $X in 2019. Over the period under review, imports recorded moderate growth. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum 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 biggest increases were in Spain, while purchases for the other leaders experienced mixed trend patterns.

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

Among the main suppliers, Spain saw the highest rates of growth with regard to 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, which is down by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2018 an increase of X% y-o-y. As a result, import price attained the peak level of $X per tonne, and then fell 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) remains the largest plum and sloe consuming country worldwide, comprising approx. 57% of total volume. Moreover, plum and sloe consumption in China exceeded the figures recorded by the second-largest consumer, Romania (476K tonnes), more than tenfold. Serbia (395K tonnes) ranked third in terms of total consumption with a 3.2% share.

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

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China (7M tonnes) remains the largest plum and sloe producing country worldwide, accounting for 56% of total volume. Moreover, plum and sloe production in China exceeded the figures recorded by the second-largest producer, Romania (461K tonnes), more than tenfold. Serbia (413K tonnes) ranked third in terms of total production with a 3.3% share.

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

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In value terms, the largest plum and sloe suppliers to Colombia were Chile ($2M), Spain ($1.6M) and Italy ($202K), 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, reducing 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, which is down by -12.7% against the previous year.