Estonia: Plum And Sloe Market 2024

Plum And Sloe Market Size in Estonia

After two years of growth, the Estonian plum and sloe market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Plum And Sloe Production in Estonia

In value terms, plum and sloe production contracted markedly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a deep setback. The pace of growth appeared the most rapid in 2015 with an increase of X%. Plum and sloe production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

The average yield of plums and sloes in Estonia dropped remarkably to X kg per ha in 2022, reducing by X% compared with 2021. Overall, the yield saw a abrupt decline. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The plum and sloe yield peaked at X kg per ha in 2013; however, from 2014 to 2022, 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 2022, approx. X ha of plums and sloes were harvested in Estonia; approximately mirroring 2021. Overall, the harvested area saw a noticeable descent. The growth pace was the most rapid in 2014 when the harvested area increased by X%. The plum and sloe harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Plum And Sloe Exports

Exports from Estonia

In 2022, plum and sloe exports from Estonia shrank notably to X tons, which is down by X% on the previous year's figure. Over the period under review, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked at X tons in 2021, and then declined significantly in the following year.

In value terms, plum and sloe exports dropped remarkably to $X in 2022. Overall, exports, however, posted a strong expansion. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then shrank remarkably in the following year.

Exports by Country

Latvia (X tons) was the main destination for plum and sloe exports from Estonia, accounting for a X% share of total exports. Moreover, plum and sloe exports to Latvia exceeded the volume sent to the second major destination, Finland (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume to Latvia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (X% per year) and Norway (X% per year).

In value terms, Latvia ($X) emerged as the key foreign market for plums and sloes exports from Estonia, comprising X% of total exports. The second position in the ranking was held by Finland ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Latvia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (X% per year) and Norway (X% per year).

Export Prices by Country

In 2022, the average plum and sloe export price amounted to $X per ton, surging by X% against the previous year. In general, the export price showed a tangible expansion. The growth pace was the most rapid in 2016 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (X%), while the prices for the other major destinations experienced a decline.

Plum And Sloe Imports

Imports into Estonia

In 2022, overseas purchases of plums and sloes increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, plum and sloe imports dropped slightly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, Latvia (X tons) constituted the largest plum and sloe supplier to Estonia, accounting for a X% share of total imports. Moreover, plum and sloe imports from Latvia exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. The third position in this ranking was taken by the Netherlands (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Latvia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and the Netherlands (X% per year).

In value terms, the largest plum and sloe suppliers to Estonia were Latvia ($X), the Netherlands ($X) and Poland ($X), with a combined X% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of X%, saw the highest growth rate of 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

The average plum and sloe import price stood at $X per ton in 2022, declining by X% against the previous year. Overall, the import price continues to indicate a mild descent. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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