Eastern Asia: Plum And Sloe Market 2024

Plum And Sloe Market Size in Eastern Asia

The East Asian plum and sloe market totaled $X in 2022, remaining relatively unchanged against the previous year. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Plum And Sloe Production in Eastern Asia

In value terms, plum and sloe production reached $X in 2022 estimated in export price. The total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

China (X tons) constituted the country with the largest volume of plum and sloe production, accounting for X% of total volume.

From 2012 to 2022, the average annual growth rate of volume in China amounted to X%.

In 2022, the average plum and sloe yield in Eastern Asia declined modestly to X tons per ha, approximately equating the previous year. In general, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the yield increased by X%. The level of yield peaked at X tons per ha in 2017; however, from 2018 to 2022, 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 2022, the plum and sloe harvested area in Eastern Asia stood at X ha, remaining stable against 2021. Overall, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2018; afterwards, it flattened through to 2022.

Plum And Sloe Exports

Exports in Eastern Asia

In 2022, plum and sloe exports in Eastern Asia totaled X tons, standing approx. at the previous year's figure. Over the period under review, exports showed resilient growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, plum and sloe exports expanded rapidly to $X in 2022. Overall, exports recorded a strong increase. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The shipments of the two major exporters of plums and sloes, namely Hong Kong SAR and China, represented more than two-thirds of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Hong Kong SAR (with a CAGR of X%).

In value terms, Hong Kong SAR ($X) remains the largest plum and sloe supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Hong Kong SAR amounted to X%.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Plum And Sloe Imports

Imports in Eastern Asia

In 2022, supplies from abroad of plums and sloes was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2015 when imports increased by X%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, plum and sloe imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2015 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

China was the key importing country with an import of about X tons, which finished at X% of total imports. It was distantly followed by Hong Kong SAR (X tons), constituting a X% share of total imports. Taiwan (Chinese) (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, China ($X) constitutes the largest market for imported plums and sloes in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, with an increase of X% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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