Southern Asia: Plum And Sloe Market 2024

Plum And Sloe Market Size in Southern Asia

The South Asian plum and sloe market reduced to $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Plum And Sloe Production in Southern Asia

In value terms, plum and sloe production declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 58%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

India (X tons) remains the largest plum and sloe producing country in Southern Asia, accounting for 74% of total volume. Moreover, plum and sloe production in India exceeded the figures recorded by the second-largest producer, Pakistan (X tons), fivefold. The third position in this ranking was held by Afghanistan (X tons), with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in India amounted to +2.1%. In the other countries, the average annual rates were as follows: Pakistan (-0.8% per year) and Afghanistan (+0.7% per year).

The average plum and sloe yield was estimated at X tons per ha in 2022, therefore, remained relatively stable against 2021. Over the period under review, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the yield increased by 4.1% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2020 to 2022, the growth of the plum and sloe yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of plums and sloes in Southern Asia reached X ha, remaining stable against 2021. Overall, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 3.2%. The level of harvested area peaked at X ha in 2020; afterwards, it flattened through to 2022.

Plum And Sloe Exports

Exports in Southern Asia

In 2022, after six years of growth, there was significant decline in overseas shipments of plums and sloes, when their volume decreased by -10.2% to X tons. In general, exports continue to indicate a noticeable contraction. The pace of growth was the most pronounced in 2018 with an increase of 178% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, plum and sloe exports shrank to $X in 2022. Overall, exports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2018 with an increase of 269%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Afghanistan was the key exporting country with an export of about X tons, which resulted at 81% of total exports. It was distantly followed by India (X tons), constituting a 16% share of total exports. Pakistan (X tons) followed a long way behind the leaders.

Afghanistan was also the fastest-growing in terms of the plums and sloes exports, with a CAGR of +22.3% from 2012 to 2022. Pakistan experienced a relatively flat trend pattern. India (-17.3%) illustrated a downward trend over the same period. While the share of Afghanistan (+72 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of India (-72.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Afghanistan ($X) remains the largest plum and sloe supplier in Southern Asia, comprising 79% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Afghanistan totaled +32.1%. In the other countries, the average annual rates were as follows: Pakistan (+0.6% per year) and India (-13.6% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, reducing by -4.2% against the previous year. Over the period under review, the export price, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2013 when the export price increased by 103% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Afghanistan (+8.0%), while the other leaders experienced more modest paces of growth.

Plum And Sloe Imports

Imports in Southern Asia

In 2022, the amount of plums and sloes imported in Southern Asia expanded rapidly to X tons, with an increase of 12% on the year before. In general, imports recorded a strong increase. The pace of growth appeared the most rapid in 2019 with an increase of 100% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, plum and sloe imports skyrocketed to $X in 2022. Overall, imports saw a prominent increase. The most prominent rate of growth was recorded in 2016 when imports increased by 56%. The level of import peaked at $X in 2019; afterwards, it flattened through to 2022.

Imports by Country

India was the main importer of plums and sloes in Southern Asia, with the volume of imports amounting to X tons, which was near 75% of total imports in 2022. It was distantly followed by Bangladesh (X tons), constituting a 22% share of total imports.

India was also the fastest-growing in terms of the plums and sloes imports, with a CAGR of +14.7% from 2012 to 2022. At the same time, Bangladesh (+4.8%) displayed positive paces of growth. While the share of India (+18 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Bangladesh (-19 p.p.) displayed negative dynamics.

In value terms, India ($X) constitutes the largest market for imported plums and sloes in Southern Asia, comprising 85% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 10% share of total imports.

In India, plum and sloe imports expanded at an average annual rate of +12.4% over the period from 2012-2022.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, surging by 26% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the import price increased by 30%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per ton), while Bangladesh stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+2.0%).

Source: IndexBox Platform

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