Report Update Jan 1, 2025

Scandinavia - Mustard Seed - Market Analysis, Forecast, Size, Trends and Insights

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Scandinavia: Mustard Seed Market 2025

Mustard Seed Exports

Exports in Scandinavia

In 2022, overseas shipments of mustard seed increased by 61% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports posted a prominent expansion. The growth pace was the most rapid in 2018 when exports increased by 120%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, mustard seed exports surged to $X in 2022. In general, exports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of 56%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden dominates exports structure, accounting for X tons, which was near 96% of total exports in 2022. The following exporters - Finland (X kg) and Norway (X kg) - each recorded a 4.1% share of total exports.

Sweden was also the fastest-growing in terms of the mustard seed exports, with a CAGR of +21.5% from 2012 to 2022. Norway (-16.3%) and Finland (-24.7%) illustrated a downward trend over the same period. Sweden (+74 p.p.) significantly strengthened its position in terms of the total exports, while Norway and Finland saw its share reduced by -17.4% and -56.2% from 2012 to 2022, respectively.

In value terms, Sweden ($X) remains the largest mustard seed supplier in Scandinavia, comprising 96% of total exports. The second position in the ranking was held by Finland ($X), with a 3% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Sweden amounted to +16.0%. In the other countries, the average annual rates were as follows: Finland (-20.6% per year) and Norway (-10.1% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, dropping by -19.9% against the previous year. Export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mustard seed export price increased by +85.1% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the export price increased by 110% against the previous year. The level of export peaked at $X per ton in 2021, and then contracted markedly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while Norway ($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 (+7.5%), while the other leaders experienced mixed trends in the export price figures.

Mustard Seed Imports

Imports in Scandinavia

In 2022, supplies from abroad of mustard seed decreased by -14.3% to X tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +1.9% 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 2017 with an increase of 16% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, mustard seed imports skyrocketed to $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.3% 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 +72.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Finland (X tons) represented the key importer of mustard seed, generating 60% of total imports. It was distantly followed by Sweden (X tons) and Norway (X tons), together committing a 40% share of total imports.

Finland was also the fastest-growing in terms of the mustard seed imports, with a CAGR of +8.6% from 2012 to 2022. Norway (-1.2%) and Sweden (-4.6%) illustrated a downward trend over the same period. While the share of Finland (+29 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Norway (-5.2 p.p.) and Sweden (-23.3 p.p.) displayed negative dynamics.

In value terms, Finland ($X), Sweden ($X) and Norway ($X) constituted the countries with the highest levels of imports in 2022.

Finland, with a CAGR of +12.2%, recorded the highest growth rate of the value of imports, among the main importing countries 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, growing by 66% against the previous year. Import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mustard seed import price increased by +86.1% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while Finland ($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 (+6.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the mustard seed market in Scandinavia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 292 - Mustard seed

Country coverage:

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Scandinavia, split by region and country
Trade (exports and imports) in Scandinavia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
3. HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Finland
- Norway
- Sweden
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Harvested Area, By Country, 2012-2024
7. Yield, By Country, 2012-2024
8. Imports, In Physical Terms, By Country, 2012–2024
9. Imports, In Value Terms, By Country, 2012–2024
10. Import Prices, By Country Of Destination, 2012–2024
11. Exports, In Physical Terms, By Country, 2012–2024
12. Exports, In Value Terms, By Country, 2012–2024
13. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Yield And Growth
12. Exports And Growth
13. Export Prices And Growth
14. Market Size And Growth
15. Per Capita Consumption
16. Imports And Growth
17. Import Prices
18. Production, In Physical Terms, 2012–2024
19. Production, In Value Terms, 2012–2024
20. Area Harvested, 2012–2024
21. Yield, 2012–2024
22. Production, By Country, 2024
23. Production, In Physical Terms, By Country, 2012–2024
24. Harvested Area, By Country, 2024
25. Harvested Area, By Country, 2012-2024
26. Yield, By Country, 2012-2024
27. Imports, In Physical Terms, 2012–2024
28. Imports, In Value Terms, 2012–2024
29. Imports, In Physical Terms, By Country, 2024
30. Imports, In Physical Terms, By Country, 2012–2024
31. Imports, In Value Terms, By Country, 2012–2024
32. Import Prices, By Country, 2012–2024
33. Exports, In Physical Terms, 2012–2024
34. Exports, In Value Terms, 2012–2024
35. Exports, In Physical Terms, By Country, 2024
36. Exports, In Physical Terms, By Country, 2012–2024
37. Exports, In Value Terms, By Country, 2012–2024
38. Export Prices, 2012–2024