Uruguay: Plum And Sloe Market 2024

Plum And Sloe Market Size in Uruguay

The Uruguayan plum and sloe market expanded to $X in 2022, growing by X% against the previous year. Overall, the total consumption indicated a mild 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. Based on 2022 figures, consumption increased by X% against 2016 indices. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Plum And Sloe Production in Uruguay

In value terms, plum and sloe production expanded remarkably to $X in 2022 estimated in export price. Overall, production, however, posted a remarkable increase. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. Plum and sloe production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

In 2022, the average yield of plums and sloes in Uruguay contracted modestly to X tons per ha, with a decrease of X% on 2021. In general, the yield recorded a pronounced descent. The pace of growth was the most pronounced in 2017 when the yield increased by X% against the previous year. The plum and sloe yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of plums and sloes production in Uruguay declined to X ha, almost unchanged from the previous year's figure. Overall, the harvested area recorded a mild curtailment. The growth pace was the most rapid in 2017 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to plum and sloe production attained the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Plum And Sloe Exports

Exports from Uruguay

In 2022, exports of plums and sloes from Uruguay fell remarkably to X tons, declining by X% against the previous year's figure. In general, exports showed a noticeable contraction. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports 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 soared to $X in 2022. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons) was the main destination for plum and sloe exports from Uruguay, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the UK stood at X%.

In value terms, the UK ($X) also remains the key foreign market for plums and sloes exports from Uruguay.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK amounted to X%.

Export Prices by Country

In 2022, the average plum and sloe export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price enjoyed a significant increase. The growth pace was the most rapid in 2013 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to X% per year.

Plum And Sloe Imports

Imports into Uruguay

In 2022, overseas purchases of plums and sloes increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports enjoyed a measured increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, plum and sloe imports soared to $X in 2022. Overall, imports saw measured growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Chile (X tons), Spain (X tons) and Italy (X tons) were the main suppliers of plum and sloe imports to Uruguay.

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

In value terms, Chile ($X), Spain ($X) and Italy ($X) appeared to be the largest plum and sloe suppliers to Uruguay.

Among the main suppliers, Italy, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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, surging 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 average import price increased by X%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood 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 Spain ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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