Indonesia: Plum And Sloe Market Overview 2021

Plum And Sloe Market Size in Indonesia

For the sixth consecutive year, the Indonesian plum and sloe market recorded growth in sales value, which increased by X% to $X in 2019. Overall, consumption showed significant growth. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Over the period under review, the market hit record highs in 2019 and is expected to retain growth in the near future.

Plum And Sloe Production in Indonesia

In value terms, plum and sloe production shrank to $X in 2019 estimated in export prices. Overall, the total production indicated pronounced growth from 2007 to 2019: its value 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. The most prominent rate of growth was recorded in 2012 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2013 to 2019, production growth failed to regain the momentum.

The average yield of plums and sloes in Indonesia stood at X kg per ha in 2019, approximately mirroring 2018. Over the period under review, the yield showed a relatively flat trend pattern. 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 Indonesia totaled X ha in 2019, remaining stable against the previous year. Over the period under review, the harvested area recorded a relatively flat trend pattern.

Plum And Sloe Exports

Exports from Indonesia

After two years of decline, overseas shipments of plums and sloes increased by X% to X tonnes in 2019. Over the period under review, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. As a result, exports reached the peak of X tonnes. From 2009 to 2019, the growth exports remained at a lower figure.

In value terms, plum and sloe exports reduced to $X in 2019. Overall, exports, however, recorded a slight slump. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. As a result, exports attained the peak of $X. From 2009 to 2019, the growth exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tonnes) was the main destination for plum and sloe exports from Indonesia, accounting for a X% share of total exports. Moreover, plum and sloe exports to Saudi Arabia exceeded the volume sent to the second major destination, Singapore (X tonnes), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume to Saudi Arabia amounted to +X%.

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

From 2007 to 2019, the average annual rate of growth in terms of value to Saudi Arabia stood at +X%.

Export Prices by Country

In 2019, the average plum and sloe export price amounted to $X per tonne, waning by -X% against the previous year. Overall, the export price, however, showed a perceptible expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2014 to 2019, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Singapore ($X per tonne), while the average price for exports to Saudi Arabia amounted to $X per tonne.

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

Plum And Sloe Imports

Imports into Indonesia

In 2019, purchases abroad of plums and sloes increased by X% to X tonnes, rising for the fifth consecutive year after two years of decline. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, imports attained the maximum in 2019 and are expected to retain growth in the near future.

In value terms, plum and sloe imports dropped modestly to $X in 2019. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then reduced modestly in the following year.

Imports by Country

In 2019, China (X tonnes) constituted the largest plum and sloe supplier to Indonesia, accounting for a X% share of total imports. Moreover, plum and sloe imports from China exceeded the figures recorded by the second-largest supplier, Australia (X tonnes), fivefold.

From 2007 to 2019, the average annual rate of growth in terms of volume from China stood at +X%.

In value terms, China ($X) constituted the largest supplier of plum and sloe to Indonesia, comprising X% of total imports. The second position in the ranking was occupied by Australia ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from China amounted to +X%.

Import Prices by Country

The average plum and sloe import price stood at $X per tonne in 2019, shrinking by -X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2017; however, from 2018 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Australia ($X per tonne), while the price for China amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Australia.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

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

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The country with the largest volume of plum and sloe consumption was China (7M tonnes), accounting for 55% of total volume. Moreover, plum and sloe consumption in China exceeded the figures recorded by the second-largest consumer, Romania (708K tonnes), tenfold. Serbia (542K tonnes) ranked third in terms of total consumption with a 4.3% share.

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

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China (7M tonnes) constituted the country with the largest volume of plum and sloe production, 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 Indonesia?

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In value terms, China ($2.6M) constituted the largest supplier of plum and sloe to Indonesia, comprising 65% of total imports. The second position in the ranking was occupied by Australia ($1.2M), with a 30% share of total imports.

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

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In value terms, Saudi Arabia ($44K) remains the key foreign market for plum and sloe exports from Indonesia, comprising 87% of total exports. The second position in the ranking was occupied by Singapore ($5K), with a 9.9% share of total exports.

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

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In 2019, the average plum and sloe export price amounted to $702 per tonne, waning by -15.9% against the previous year.

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

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In 2019, the average plum and sloe import price amounted to $1,247 per tonne, reducing by -9.2% against the previous year.