Plum And Sloe Market Overview in Colombia
In value terms, plum and sloe production shrank to $ in 2019 estimated in export prices. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by % y-o-y. As a result, production attained the peak level of $, and then fell in the following year.
The average yield of plums and sloes in Colombia was estimated at tonnes per ha in 2019, surging by % on 2018 figures. In general, the yield indicated measured growth from 2007 to 2019: its figure increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, plum and sloe yield decreased by -% against 2017 indices. The most prominent rate of growth was recorded in 2009 when the yield increased by % year-to-year. The plum and sloe yield peaked at tonnes per ha in 2017; however, from 2018 to 2019, 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.
In 2019, the plum and sloe harvested area in Colombia was estimated at ha, leveling off at 2018 figures. In general, the harvested area, however, showed a mild setback. The most prominent rate of growth was recorded in 2014 with an increase of % year-to-year. Over the period under review, the harvested area dedicated to plum and sloe production reached the peak figure at ha in 2007; however, from 2008 to 2019, the harvested area remained at a lower figure.
The value of the plum and sloe market in Colombia shrank modestly to $ in 2019, reducing by -% 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). Overall, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of % y-o-y. Plum and sloe consumption peaked at $ in 2018, and then shrank slightly in the following year.