ASEAN: Plum And Sloe Market 2024

Plum And Sloe Market Size in ASEAN

The ASEAN plum and sloe market was finally on the rise to reach $X in 2022, after two years of decline. The total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Plum And Sloe Production in ASEAN

In value terms, plum and sloe production shrank to $X in 2022 estimated in export price. In general, production, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Myanmar (X tons) constituted the country with the largest volume of plum and sloe production, accounting for X% of total volume. It was followed by Indonesia (X tons), with a X% share of total production.

In Myanmar, plum and sloe production increased at an average annual rate of X% over the period from 2012-2022.

Plum And Sloe Exports

Exports in ASEAN

Plum and sloe exports fell rapidly to X tons in 2022, which is down by X% against the previous year's figure. Over the period under review, exports saw a deep setback. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, plum and sloe exports dropped rapidly to $X in 2022. Overall, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Myanmar prevails in exports structure, recording X tons, which was near X% of total exports in 2022. Singapore (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Vietnam (X%). Malaysia (X tons) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to plum and sloe exports from Myanmar stood at X%. At the same time, Vietnam (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%) illustrated a downward trend over the same period. Vietnam (X p.p.), Singapore (X p.p.) and Malaysia (X p.p.) significantly strengthened its position in terms of the total exports, while Myanmar saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest plum and sloe supplying countries in ASEAN were Singapore ($X), Myanmar ($X) and Vietnam ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Vietnam, with a CAGR of X%, 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

The export price in ASEAN stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price, however, continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2016 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 Singapore ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced mixed trends in the export price figures.

Plum And Sloe Imports

Imports in ASEAN

After two years of decline, overseas purchases of plums and sloes increased by X% to X tons in 2022. Overall, imports, however, saw a mild slump. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, plum and sloe imports expanded sharply to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of plum and sloe imports in 2022 were Malaysia (X tons), Vietnam (X tons), Singapore (X tons) and Thailand (X tons), together reaching X% of total import. It was distantly followed by Indonesia (X tons), constituting a X% share of total imports.

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

In value terms, Malaysia ($X), Singapore ($X) and Vietnam ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Thailand and Indonesia lagged somewhat behind, together comprising a further X%.

Thailand, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2022, reducing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :