Scandinavia: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in Scandinavia

The Scandinavia mixes and doughs market rose markedly to $X in 2022, surging by 12% against the previous year. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Mixes And Doughs Production in Scandinavia

In value terms, mixes and doughs production dropped to $X in 2022 estimated in export price. Over the period under review, production saw a perceptible shrinkage. The pace of growth was the most pronounced in 2020 when the production volume increased by 19% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Mixes And Doughs Exports

Exports in Scandinavia

In 2022, after two years of growth, there was decline in overseas shipments of mixes and doughs, when their volume decreased by -0.4% to X tons. The total export volume increased at an average annual rate of +3.3% 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 when exports increased by 33%. As a result, the exports reached the peak of X tons, leveling off in the following year.

In value terms, mixes and doughs exports rose markedly to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, Sweden (X tons) was the major exporter of mixes and doughs, constituting 75% of total exports. It was distantly followed by Finland (X tons), achieving a 20% share of total exports. Norway (X tons) held a relatively small share of total exports.

Sweden was also the fastest-growing in terms of the mixes and doughs exports, with a CAGR of +4.5% from 2012 to 2022. Finland and Norway experienced a relatively flat trend pattern. Sweden (+8.2 p.p.) significantly strengthened its position in terms of the total exports, while Norway and Finland saw its share reduced by -2.2% and -6% from 2012 to 2022, respectively.

In value terms, Sweden ($X) remains the largest mixes and doughs supplier in Scandinavia, comprising 73% of total exports. The second position in the ranking was held by Finland ($X), with a 21% share of total exports.

In Sweden, mixes and doughs exports increased at an average annual rate of +1.3% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Finland (-1.8% per year) and Norway (+0.7% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, picking up by 10% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible downturn. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+1.6%), while the other leaders experienced a decline in the export price figures.

Mixes And Doughs Imports

Imports in Scandinavia

In 2022, the amount of mixes and doughs imported in Scandinavia rose rapidly to X tons, growing by 12% compared with 2021 figures. In general, imports posted prominent growth. The pace of growth appeared the most rapid in 2019 when imports increased by 25%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, mixes and doughs imports expanded sharply to $X in 2022. Total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.8% against 2014 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 18%. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Imports by Country

Sweden represented the key importing country with an import of around X tons, which recorded 57% of total imports. Norway (X tons) ranks second in terms of the total imports with a 25% share, followed by Finland (18%).

Sweden was also the fastest-growing in terms of the mixes and doughs imports, with a CAGR of +11.2% from 2012 to 2022. At the same time, Finland (+9.5%) and Norway (+5.2%) displayed positive paces of growth. From 2012 to 2022, the share of Sweden increased by +10 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest mixes and doughs importing markets in Scandinavia were Sweden ($X), Norway ($X) and Finland ($X).

In terms of the main importing countries, Sweden, with a CAGR of +10.3%, 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

The import price in Scandinavia stood at $X per ton in 2022, which is down by -2.2% against the previous year. Overall, the import price continues to indicate a mild slump. The pace of growth was the most pronounced in 2017 an increase of 9.7% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-0.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform