Plum And Sloe Market Overview in Australia
In value terms, plum and sloe production reached $ in 2019 estimated in export prices. Over the period under review, production recorded a noticeable setback. The growth pace was the most rapid in 2010 with an increase of % year-to-year. Over the period under review, production hit record highs at $ in 2012; however, from 2013 to 2019, production failed to regain the momentum.
The average yield of plums and sloes in Australia dropped slightly to tonnes per ha in 2019, stabilizing at the year before. In general, the yield recorded a mild decline. The pace of growth appeared the most rapid in 2010 with an increase of % year-to-year. The plum and sloe yield peaked at tonnes per ha in 2007; however, from 2008 to 2019, 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.
The plum and sloe harvested area in Australia reduced to ha in 2019, waning by -% compared with 2018 figures. In general, the harvested area showed a mild reduction. The most prominent rate of growth was recorded in 2014 with an increase of % y-o-y. 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 stood at a somewhat lower figure.
The revenue of the plum and sloe market in Australia shrank markedly to $ in 2019, waning 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). In general, consumption showed a deep contraction. The growth pace was the most rapid in 2010 when the market value increased by % year-to-year. Over the period under review, the market attained the maximum level at $ in 2012; however, from 2013 to 2019, consumption failed to regain the momentum.