Global Plum And Sloe Market Overview

The global plum and sloe market revenue amounted to $••• in 2017, approximately equating the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +•••% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2014 with an increase of •••% against the previous year. In that year, the global plum and sloe market reached its peak level of $•••. From 2015 to 2017, the growth of the global plum and sloe market failed to regain its momentum.

In value terms, plum and sloe production totaled $••• in 2017 estimated in export prices. In general, the total output indicated a buoyant increase from 2007 to 2017: its value increased at an average annual rate of +•••% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, plum and sloe production decreased by -•••% against 2014 indices. The most prominent rate of growth was recorded in 2014 with an increase of •••% against the previous year. In that year, global plum and sloe production attained its peak level of $•••. From 2015 to 2017, global plum and sloe production growth remained at a lower figure.

China (••• tonnes) constituted the country with the largest volume of plum and sloe production, comprising approx. •••% of total production. Moreover, plum and sloe production in China exceeded the figures recorded by the world's second-largest producer, Romania (••• tonnes), more than tenfold. The U.S. (••• tonnes) ranked third in terms of total production with a •••% share.

In China, plum and sloe production expanded at an average annual rate of +•••% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Romania (+•••% per year) and the U.S. (+•••% per year).

Global average plum and sloe yield stood at ••• tonne per ha in 2017, stabilizing at the previous year. The yield figure increased at an average annual rate of +•••% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The most prominent rate of growth was recorded in 2009 with an increase of •••% y-o-y. The global plum and sloe yield peaked in 2017 and is likely to see steady growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, the total area harvested in terms of plums and sloes production worldwide totaled ••• ha, remaining constant against the previous year. The harvested area increased at an average annual rate of +•••% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being observed over the period under review. The growth pace was the most rapid in 2013 when harvested area increased by •••% y-o-y. In that year, the global plum and sloe harvested area reached its peak level of ••• ha. From 2014 to 2017, the growth of the global plum and sloe harvested area remained at a somewhat lower figure.

Global plum and sloe consumption totaled ••• tonnes in 2017, standing approx. at the previous year. The total consumption volume increased at an average annual rate of +•••% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when consumption volume increased by •••% year-to-year. The global plum and sloe consumption peaked in 2017 and is expected to retain its growth in the near future.

The global plum and sloe market revenue amounted to $••• in 2017, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +•••% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the market value increased by •••% y-o-y. In that year, the global plum and sloe market attained its peak level of $•••. From 2015 to 2017, the growth of the global plum and sloe market remained at a somewhat lower figure.

The country with the largest volume of plum and sloe consumption was China (••• tonnes), accounting for •••% of total consumption. Moreover, plum and sloe consumption in China exceeded the figures recorded by the world's second-largest consumer, Romania (••• tonnes), more than tenfold. The third position in this ranking was occupied by the U.S. (••• tonnes), with a •••% share.

In China, plum and sloe consumption increased at an average annual rate of +•••% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Romania (+•••% per year) and the U.S. (+•••% per year).

In value terms, China ($•••) led the market, alone. The second position in the ranking was occupied by the U.S. ($•••). It was followed by Romania.

From 2007 to 2017, the average annual rate of growth in terms of value in China amounted to +•••%. The remaining consuming countries recorded the following average annual rates of market growth: the U.S. (+•••% per year) and Romania (+•••% per year).

The countries with the highest levels of plum and sloe per capita consumption in 2017 were Serbia (••• kg per ••• persons), Romania (••• kg per ••• persons) and Chile (••• kg per ••• persons).

From 2007 to 2017, the most notable rate of growth in terms of plum and sloe per capita consumption, amongst the main consuming countries, was attained by Morocco, while the other global leaders experienced more modest paces of growth.

Driven by increasing demand for plum and sloe worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +•••% for the eight-year period from 2017 to •••, which is projected to bring the market volume to ••• tonnes by the end of •••.