Latin America and the Caribbean: Plum And Sloe Market 2024

Plum And Sloe Market Size in Latin America and the Caribbean

In 2022, the Latin American plum and sloe market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption continues to indicate a slight reduction. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Plum And Sloe Production in Latin America and the Caribbean

In value terms, plum and sloe production contracted modestly to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Chile (X tons) remains the largest plum and sloe producing country in Latin America and the Caribbean, comprising approx. X% of total volume. Moreover, plum and sloe production in Chile exceeded the figures recorded by the second-largest producer, Mexico (X tons), fivefold. Argentina (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in Chile amounted to X%. The remaining producing countries recorded the following average annual rates of production growth: Mexico (X% per year) and Argentina (X% per year).

In 2022, the average yield of plums and sloes in Latin America and the Caribbean expanded to X tons per ha, surging by X% against 2021. In general, the yield, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the yield increased by X% against the previous year. The level of yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield remained at a 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 shrank slightly to X ha in 2022, waning by X% compared with the previous year. Overall, the harvested area showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2016 to 2022, the growth of the plum and sloe harvested area remained at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Plum And Sloe Exports

Exports in Latin America and the Caribbean

In 2022, shipments abroad of plums and sloes increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Total exports indicated a temperate increase from 2012 to 2022: its volume 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. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, plum and sloe exports surged to $X in 2022. Total exports indicated a perceptible 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, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

The biggest shipments were from Chile (X tons), together reaching X% of total export.

Chile was also the fastest-growing in terms of the plums and sloes exports, with a CAGR of X% from 2012 to 2022. While the share of Chile (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) also remains the largest plum and sloe supplier in Latin America and the Caribbean.

In Chile, plum and sloe exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, which is down by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to X% per year.

Plum And Sloe Imports

Imports in Latin America and the Caribbean

In 2022, approx. X tons of plums and sloes were imported in Latin America and the Caribbean; rising by X% compared with the previous year. In general, imports, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, plum and sloe imports surged to $X in 2022. Over the period under review, imports, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Brazil represented the key importer of plums and sloes in Latin America and the Caribbean, with the volume of imports recording X tons, which was near X% of total imports in 2022. It was distantly followed by Mexico (X tons), committing an X% share of total imports. Argentina (X tons), Colombia (X tons), Peru (X tons), Paraguay (X tons), Ecuador (X tons) and El Salvador (X tons) held a relatively small share of total imports.

Imports into Brazil decreased at an average annual rate of X% from 2012 to 2022. At the same time, Argentina (X%) and Paraguay (X%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Ecuador experienced a relatively flat trend pattern. By contrast, El Salvador (X%), Mexico (X%), Peru (X%) and Colombia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil, Argentina and Paraguay increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported plums and sloes in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Mexico ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil amounted to X%. In the other countries, the average annual rates were as follows: Mexico (X% per year) and Argentina (X% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, remaining stable against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mexico ($X per ton), while Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :