Scandinavia: Market for Seeds, Fruit and Spores Used for Sowing 2024

Market Size for Seeds, Fruit and Spores Used for Sowing in Scandinavia

The Scandinavia market for seeds, fruit and spores used for sowing fell to $X in 2022, declining by -8.5% against the previous year. The total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +23.3% against 2020 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Seeds, Fruit and Spores Used for Sowing in Scandinavia

In value terms, production of seeds, fruit and spores used for sowing declined modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 21% against the previous year. Over the period under review, production of attained the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Sweden (X tons) remains the largest seed, fruit and spore used for sowing producing country in Scandinavia, comprising approx. 100% of total volume.

From 2012 to 2022, the average annual rate of growth in terms of volume in Sweden was relatively modest.

Exports of Seeds, Fruit and Spores Used for Sowing

Exports in Scandinavia

In 2022, overseas shipments of seeds, fruit and spores used for sowing decreased by -32.4% to X tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2019 when exports increased by 70%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of seeds, fruit and spores used for sowing contracted to $X in 2022. In general, exports continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2014 with an increase of 63% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Sweden prevails in sowing structure, amounting to X tons, which was near 95% of total exports in 2022. It was distantly followed by Finland (X tons), achieving a 4.8% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to seed, fruit and spore used for sowing exports from Sweden stood at -7.3%. At the same time, Finland (+1.3%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +1.3% from 2012-2022. From 2012 to 2022, the share of Finland increased by +2.8 percentage points.

In value terms, Sweden ($X) remains the largest seed, fruit and spore used for sowing supplier in Scandinavia, comprising 91% of total exports. The second position in the ranking was taken by Finland ($X), with a 6.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Sweden stood at -4.9%.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, surging by 29% against the previous year. Export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for seeds, fruit and spores used for sowing increased by +83.9% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 66%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+2.6%).

Imports of Seeds, Fruit and Spores Used for Sowing

Imports in Scandinavia

In 2022, the amount of seeds, fruit and spores used for sowing imported in Scandinavia fell significantly to X tons, which is down by -21.6% compared with 2021 figures. Over the period under review, imports, however, recorded measured growth. The pace of growth appeared the most rapid in 2016 with an increase of 64%. Over the period under review, imports of hit record highs at X tons in 2021, and then fell dramatically in the following year.

In value terms, imports of seeds, fruit and spores used for sowing declined to $X in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 54% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, Sweden (X tons) represented the key importer of seeds, fruit and spores used for sowing, achieving 71% of total imports. It was distantly followed by Finland (X tons), making up a 26% share of total imports. Norway (X tons) took a little share of total imports.

Sweden was also the fastest-growing in terms of the seeds, fruit and spores used for sowing imports, with a CAGR of +10.8% from 2012 to 2022. Finland (-2.7%) and Norway (-7.4%) illustrated a downward trend over the same period. Sweden (+32 p.p.) significantly strengthened its position in terms of the total imports, while Norway and Finland saw its share reduced by -5% and -27.1% from 2012 to 2022, respectively.

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

In terms of the main importing countries, Sweden, with a CAGR of +5.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, growing by 10% against the previous year. Over the period under review, the import price, however, recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2013 when the import price increased by 29%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: 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 Norway (+7.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform