Slovakia: Plum And Sloe Market 2024

Plum And Sloe Market Size in Slovakia

In 2022, after two years of growth, there was significant decline in the Slovak plum and sloe market, when its value decreased by -15.3% to $X. Over the period under review, the total consumption indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Plum and sloe consumption peaked at $X in 2021, and then shrank markedly in the following year.

Plum And Sloe Production in Slovakia

In value terms, plum and sloe production dropped to $X in 2022 estimated in export price. Overall, production showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of 413%. Plum and sloe production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The average yield of plums and sloes in Slovakia dropped to X tons per ha in 2022, falling by -9.9% compared with the previous year's figure. In general, the yield showed a noticeable decline. The pace of growth appeared the most rapid in 2017 when the yield increased by 123%. The plum and sloe yield peaked at X tons per ha in 2014; however, from 2015 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The plum and sloe harvested area in Slovakia totaled X ha in 2022, leveling off at the previous year. In general, the harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the harvested area increased by 17% against the previous year. The plum and sloe harvested area peaked at X ha in 2019; however, from 2020 to 2022, the harvested area failed to regain momentum.

Plum And Sloe Exports

Exports from Slovakia

In 2022, approx. X tons of plums and sloes were exported from Slovakia; which is down by -1.5% against the year before. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 112%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, plum and sloe exports contracted remarkably to $X in 2022. In general, exports recorded a drastic downturn. The growth pace was the most rapid in 2018 with an increase of 392% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Hungary (X tons), the Czech Republic (X tons) and Poland (X tons) were the main destinations of plum and sloe exports from Slovakia, together comprising 94% 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 Poland (with a CAGR of +41.1%), while the other leaders experienced mixed trend patterns.

In value terms, Hungary ($X), the Czech Republic ($X) and Poland ($X) constituted the largest markets for plum and sloe exported from Slovakia worldwide, with a combined 94% share of total exports.

In terms of the main countries of destination, Poland, with a CAGR of +33.8%, 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 trend patterns.

Export Prices by Country

In 2022, the average plum and sloe export price amounted to $X per ton, falling by -18.4% against the previous year. In general, the export price recorded a deep contraction. The growth pace was the most rapid in 2018 when the average export price increased by 133%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Poland ($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 Czech Republic (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.

Plum And Sloe Imports

Imports into Slovakia

Plum and sloe imports into Slovakia reached X tons in 2022, surging by 9.4% against the previous year. Over the period under review, imports posted a remarkable increase. The growth pace was the most rapid in 2016 when imports increased by 96%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, plum and sloe imports reduced to $X in 2022. Overall, imports enjoyed a strong expansion. The pace of growth was the most pronounced in 2016 with an increase of 81%. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

Poland (X tons), Hungary (X tons) and Spain (X tons) were the main suppliers of plum and sloe imports to Slovakia, together comprising 73% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +51.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Spain ($X) and Poland ($X) appeared to be the largest plum and sloe suppliers to Slovakia, with a combined 60% share of total imports.

Poland, with a CAGR of +45.0%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average plum and sloe import price amounted to $X per ton, dropping by -22.3% against the previous year. Over the period under review, the import price saw a abrupt contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 26%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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