Mexico: Plum And Sloe Market 2025

Plum And Sloe Market Size in Mexico

The Mexican plum and sloe market rose modestly to $X in 2022, increasing by 3% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Plum and sloe consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Plum And Sloe Production in Mexico

In value terms, plum and sloe production rose significantly to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by 67% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

The average yield of plums and sloes in Mexico stood at X tons per ha in 2022, increasing by 3% on the previous year's figure. The yield figure increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 26%. As a result, the yield reached the peak level of X tons per ha. From 2021 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, the plum and sloe harvested area in Mexico was estimated at X ha, stabilizing at the year before. Overall, the harvested area saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 4.8% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2020 to 2022, the growth of the plum and sloe harvested area failed to regain momentum.

Plum And Sloe Exports

Exports from Mexico

In 2022, the amount of plums and sloes exported from Mexico shrank notably to X tons, dropping by -64.2% on the year before. Overall, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of 244% 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 remained at a lower figure.

In value terms, plum and sloe exports contracted markedly to $X in 2022. In general, exports faced a abrupt slump. The growth pace was the most rapid in 2018 with an increase of 306% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Belize (X tons) was the main destination for plum and sloe exports from Mexico, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Belize amounted to -7.3%.

In value terms, Belize ($X) also remains the key foreign market for plums and sloes exports from Mexico.

From 2012 to 2022, the average annual rate of growth in terms of value to Belize was relatively modest.

Export Prices by Country

In 2022, the average plum and sloe export price amounted to $X per ton, increasing by 109% against the previous year. Overall, the export price enjoyed a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to +15.5% per year.

Plum And Sloe Imports

Imports into Mexico

In 2022, supplies from abroad of plums and sloes decreased by -15.6% to X tons, falling for the third consecutive year after three years of growth. Overall, imports recorded a abrupt setback. The growth pace was the most rapid in 2017 when imports increased by 113% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, plum and sloe imports shrank to $X in 2022. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 114% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Chile (X tons) constituted the largest supplier of plum and sloe to Mexico, accounting for a 67% share of total imports. Moreover, plum and sloe imports from Chile exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from Chile was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-17.4% per year) and Spain (+18.2% per year).

In value terms, Chile ($X) constituted the largest supplier of plums and sloes to Mexico, comprising 61% of total imports. The second position in the ranking was taken by the United States ($X), with a 27% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Chile was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-13.5% per year) and Spain (+23.5% per year).

Import Prices by Country

The average plum and sloe import price stood at $X per ton in 2022, rising by 6.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2014 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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