Philippines: Plum And Sloe Market 2025

Plum And Sloe Exports

Exports from the Philippines

In 2022, overseas shipments of plums and sloes increased by 7.9% to X kg, rising for the third year in a row after four years of decline. Over the period under review, exports, however, faced a dramatic contraction. The pace of growth appeared the most rapid in 2015 with an increase of 111% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, plum and sloe exports rose significantly to $X in 2022. In general, exports, however, saw a precipitous decrease. The most prominent rate of growth was recorded in 2015 when exports increased by 153% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Qatar (X kg), the United Arab Emirates (X kg) and the UK (X kg) were the main destinations of plum and sloe exports from the Philippines, with a combined 100% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Qatar (with a CAGR of +168.3%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for plum and sloe exported from the Philippines were Qatar ($X), the United Arab Emirates ($X) and the UK ($X).

Qatar, with a CAGR of +26.5%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average plum and sloe export price stood at $X per ton in 2022, remaining constant against the previous year. In general, the export price, however, enjoyed perceptible growth. The most prominent rate of growth was recorded in 2016 an increase of 76% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to the United Arab Emirates ($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 the United Arab Emirates (+10.5%), while the prices for the other major destinations experienced a decline.

Plum And Sloe Imports

Imports into the Philippines

In 2022, plum and sloe imports into the Philippines declined to X tons, waning by -3.2% on 2021 figures. Over the period under review, imports recorded a deep downturn. The pace of growth was the most pronounced in 2014 when imports increased by 270%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, plum and sloe imports reduced modestly to $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 350%. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of plum and sloe to the Philippines, with a 79% share of total imports. Moreover, plum and sloe imports from the United States exceeded the figures recorded by the second-largest supplier, Australia (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to -2.8%.

In value terms, the United States ($X) constituted the largest supplier of plums and sloes to the Philippines, comprising 79% of total imports. The second position in the ranking was held by Australia ($X), with a 21% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +7.2%.

Import Prices by Country

In 2022, the average plum and sloe import price amounted to $X per ton, remaining constant against the previous year. In general, the import price, however, enjoyed strong growth. The growth pace was the most rapid in 2015 when the average import price increased by 103%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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