Chile: Plum And Sloe Market 2025

Plum And Sloe Market Size in Chile

After three years of growth, the Chilean plum and sloe market decreased by -34.6% to $X in 2022. Over the period under review, consumption, however, showed a relatively flat trend pattern. 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 Chile

In value terms, plum and sloe production reached $X in 2022 estimated in export price. Overall, the total production indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.1% 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 -1.1% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 72% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

In 2022, the average yield of plums and sloes in Chile reduced to X tons per ha, with a decrease of -2.5% on 2021. Over the period under review, the yield indicated temperate growth from 2012 to 2022: its figure increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plum and sloe yield increased by +2.6% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 25% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2019 to 2022, the growth of the average plum and sloe 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.

In 2022, approx. X ha of plums and sloes were harvested in Chile; with an increase of 1.5% on 2021 figures. Overall, the harvested area, however, continues to indicate a mild setback. The growth pace was the most rapid in 2019 when the harvested area increased by 30%. Over the period under review, the harvested area dedicated to plum and sloe production attained the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Plum And Sloe Exports

Exports from Chile

In 2022, shipments 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, exports showed a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of 112% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, plum and sloe exports skyrocketed to $X in 2022. Over the period under review, exports showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) was the main destination for plum and sloe exports from Chile, accounting for a 43% share of total exports. Moreover, plum and sloe exports to China exceeded the volume sent to the second major destination, the United States (X tons), fivefold. Brazil (X tons) ranked third in terms of total exports with a 7.6% share.

From 2012 to 2022, the average annual growth rate of volume to China stood at +26.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-2.2% per year) and Brazil (-0.7% per year).

In value terms, China ($X) remains the key foreign market for plums and sloes exports from Chile, comprising 35% of total exports. The second position in the ranking was taken by the United States ($X), with a 6.8% share of total exports. It was followed by Brazil, with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at +25.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-2.0% per year) and Brazil (-1.8% per year).

Export Prices by Country

The average plum and sloe export price stood at $X per ton in 2022, growing by 20% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plum and sloe export price increased by +46.3% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 73% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.

Plum And Sloe Imports

Imports into Chile

In 2022, imports of plums and sloes into Chile shrank markedly to X tons, dropping by -64.7% against the previous year. Overall, imports, however, showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 818%. As a result, imports attained the peak of X tons, and then contracted remarkably in the following year.

In value terms, plum and sloe imports fell sharply to $X in 2022. Over the period under review, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 601%. As a result, imports reached the peak of $X, and then shrank dramatically in the following year.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of plum and sloe to Chile, accounting for a approx. 31% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at +10.6%.

In value terms, the United States ($X) constituted the largest supplier of plums and sloes to Chile.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to +13.5%.

Import Prices by Country

In 2022, the average plum and sloe import price amounted to $X per ton, which is down by -49.7% against the previous year. Over the period under review, the import price recorded a abrupt slump. The pace of growth appeared the most rapid in 2014 when the average import price increased by 47% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.6% per year.

Source: IndexBox Platform

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