Scandinavia: Plum And Sloe Market 2024

Plum And Sloe Market Size in Scandinavia

In 2022, the Scandinavia plum and sloe market increased by 3% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Plum And Sloe Production in Scandinavia

In value terms, plum and sloe production fell significantly to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 115%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Norway (X tons) remains the largest plum and sloe producing country in Scandinavia, comprising approx. 88% of total volume. Moreover, plum and sloe production in Norway exceeded the figures recorded by the second-largest producer, Sweden (X tons), sevenfold.

In Norway, plum and sloe production expanded at an average annual rate of +4.0% over the period from 2012-2022.

In 2022, the average yield of plums and sloes in Scandinavia shrank remarkably to X tons per ha, with a decrease of -34.1% compared with 2021. In general, the yield, however, recorded a noticeable increase. The most prominent rate of growth was recorded in 2021 with an increase of 211%. As a result, the yield attained the peak level of X tons per ha, and then contracted sharply in the following year. 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 Scandinavia; remaining relatively unchanged against 2021. In general, the harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 2.5% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2017 to 2022, the growth of the plum and sloe harvested area remained at a lower figure.

Plum And Sloe Exports

Exports in Scandinavia

In 2022, plum and sloe exports in Scandinavia dropped significantly to X tons, reducing by -39.6% compared with 2021. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 183%. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, plum and sloe exports contracted remarkably to $X in 2022. Over the period under review, exports recorded a perceptible decrease. The pace of growth was the most pronounced in 2015 when exports increased by 70% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Finland (X tons) and Sweden (X tons) prevails in exports structure, together generating 91% of total exports. It was distantly followed by Norway (X tons), making up an 8.6% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Finland (with a CAGR of +71.6%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Sweden ($X), Finland ($X) and Norway ($X) were the countries with the highest levels of exports in 2022.

In terms of the main exporting countries, Finland, with a CAGR of +58.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, falling by -16.9% against the previous year. In general, the export price showed a noticeable downturn. The most prominent rate of growth was recorded in 2016 when the export price increased by 30% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-1.6%), while the other leaders experienced a decline in the export price figures.

Plum And Sloe Imports

Imports in Scandinavia

In 2022, purchases abroad of plums and sloes increased by 32% to X tons, rising for the second year in a row after six years of decline. Over the period under review, imports, however, showed a relatively flat trend pattern. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, plum and sloe imports expanded rapidly to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 19% 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, Norway (X tons) and Sweden (X tons) were the largest importers of plums and sloes in Scandinavia, together committing 77% of total imports. It was distantly followed by Finland (X tons), constituting a 23% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Norway (with a CAGR of +3.2%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest plum and sloe importing markets in Scandinavia were Norway ($X), Sweden ($X) and Finland ($X).

Among the main importing countries, Norway, with a CAGR of +1.0%, 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 a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, waning by -15.5% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 14% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 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 Norway ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+0.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform