Scandinavia: Market for Nuts (Prepared Or Preserved) 2025

Market Size for Nuts (Prepared Or Preserved) in Scandinavia

The Scandinavia nuts (prepared or preserved) market surged to $X in 2021, jumping by 18% against the previous year. The total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +10.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +54.7% against 2016 indices. The level of consumption peaked in 2021 and is likely to continue growth in years to come.

Production of Nuts (Prepared Or Preserved) in Scandinavia

In value terms, nuts (prepared or preserved) production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a significant increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by 2,079% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Nuts (Prepared Or Preserved)

Exports in Scandinavia

After six years of growth, shipments abroad of nuts (prepared or preserved) decreased by -2.8% to X tons in 2021. Total exports indicated a slight expansion from 2012 to 2021: its volume increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when exports increased by 16% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020, and then fell modestly in the following year.

In value terms, nuts (prepared or preserved) exports amounted to $X in 2021. The total export value increased at an average annual rate of +1.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when exports increased by 15%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Denmark (X tons), Norway (X tons) and Sweden (X tons) represented roughly 99% of total exports in 2021.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +16.5%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest nuts (prepared or preserved) supplying countries in Scandinavia were Sweden ($X), Norway ($X) and Denmark ($X), with a combined 99% share of total exports.

Norway, with a CAGR of +17.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, growing by 3.7% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 4.3% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Sweden ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+2.3%), while the other leaders experienced mixed trends in the export price figures.

Imports of Nuts (Prepared Or Preserved)

Imports in Scandinavia

Nuts (prepared or preserved) imports skyrocketed to X tons in 2021, increasing by 16% against the previous year. The total import volume increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nuts (prepared or preserved) imports expanded notably to $X in 2021. The total import value increased at an average annual rate of +3.1% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 16%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Sweden (X tons) represented the key importer of nuts (prepared or preserved), committing 47% of total imports. Denmark (X tons) took a 23% share (based on physical terms) of total imports, which put it in second place, followed by Norway (15%) and Finland (13%).

From 2012 to 2021, average annual rates of growth with regard to nuts (prepared or preserved) imports into Sweden stood at +4.7%. At the same time, Denmark (+6.9%), Finland (+2.4%) and Norway (+1.1%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +6.9% from 2012-2021. Denmark (+4.5 p.p.) and Sweden (+1.8 p.p.) significantly strengthened its position in terms of the total imports, while Finland and Norway saw its share reduced by -2.3% and -4.9% from 2012 to 2021, respectively.

In value terms, Sweden ($X) constitutes the largest market for imported nuts (prepared or preserved) in Scandinavia, comprising 49% of total imports. The second position in the ranking was held by Denmark ($X), with a 19% share of total imports. It was followed by Norway, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Sweden totaled +4.6%. In the other countries, the average annual rates were as follows: Denmark (+2.4% per year) and Norway (+2.0% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2021, shrinking by -5.9% against the previous year. Over the period under review, the import price showed a mild descent. The pace of growth was the most pronounced in 2014 an increase of 4.8% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Norway ($X per ton) and Finland ($X per ton), while Denmark ($X per ton) and Sweden ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+0.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform