South-Eastern Asia: Plum And Sloe Market 2024

Plum And Sloe Market Size in South-Eastern Asia

In 2022, the Southeast Asian plum and sloe market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. The total consumption indicated a pronounced 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. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Plum And Sloe Production in South-Eastern Asia

In value terms, plum and sloe production dropped to $X in 2022 estimated in export price. In general, production, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

The country with the largest volume of plum and sloe production was Myanmar (X tons), accounting for X% of total volume. It was followed by Indonesia (X tons), with a X% share of total production.

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

Plum And Sloe Exports

Exports in South-Eastern Asia

In 2022, the amount of plums and sloes exported in South-Eastern Asia fell remarkably to X tons, waning by X% against the year before. Over the period under review, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, plum and sloe exports shrank remarkably to $X in 2022. In general, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Myanmar prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Singapore (X tons) and Vietnam (X tons), together constituting a X% share of total exports. Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to plum and sloe exports from Myanmar stood at X%. At the same time, Vietnam (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%) illustrated a downward trend over the same period. Vietnam (X p.p.), Singapore (X p.p.) and Malaysia (X p.p.) significantly strengthened its position in terms of the total exports, while Myanmar saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest plum and sloe supplying countries in South-Eastern Asia were Singapore ($X), Myanmar ($X) and Vietnam ($X), with a combined X% share of total exports.

Vietnam, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price, however, showed a deep contraction. The pace of growth was the most pronounced in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Singapore ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

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

Plum And Sloe Imports

Imports in South-Eastern Asia

After two years of decline, overseas purchases of plums and sloes increased by X% to X tons in 2022. In general, imports, however, saw a slight downturn. 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 expanded sharply to $X in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Malaysia (X tons), Vietnam (X tons), Singapore (X tons) and Thailand (X tons) was the key importer of plums and sloes in South-Eastern Asia, creating X% of total import. It was distantly followed by Indonesia (X tons), making up a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plum and sloe importing markets in South-Eastern Asia were Malaysia ($X), Singapore ($X) and Vietnam ($X), with a combined X% share of total imports. Thailand and Indonesia lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Thailand, with a CAGR of X%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, waning by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 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 Indonesia ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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