Scandinavia: Market for Salted, Dried or Smoked Meat, and Offal 2025

Market Size for Salted, Dried or Smoked Meat, and Offal in Scandinavia

In 2022, after three years of decline, there was significant growth in the Scandinavia market for salted, dried or smoked meat, and offal, when its value increased by 9.7% to $X. In general, consumption, however, recorded a noticeable contraction. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Salted, Dried or Smoked Meat, and Offal in Scandinavia

In value terms, production of salted, dried or smoked meat, and offal rose to $X in 2022 estimated in export price. In general, production, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 21%. Over the period under review, production of attained the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Salted, Dried or Smoked Meat, and Offal

Exports in Scandinavia

In 2022, the amount of salted, dried or smoked meat, and offal exported in Scandinavia surged to X tons, rising by 20% compared with 2021 figures. Overall, exports, however, continue to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2013 when exports increased by 52% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of salted, dried or smoked meat, and offal rose notably to $X in 2022. Over the period under review, exports, however, showed a mild downturn. The pace of growth was the most pronounced in 2018 when exports increased by 37%. Over the period under review, the exports of reached the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden prevails in offal structure, accounting for X tons, which was approx. 96% of total exports in 2022. Norway (X tons) followed a long way behind the leaders.

Sweden experienced a relatively flat trend pattern with regard to volume of exports of salted, dried or smoked meat, and offal. Norway (-6.0%) illustrated a downward trend over the same period. Sweden (+4.8 p.p.) significantly strengthened its position in terms of the total exports, while Norway saw its share reduced by -2.2% from 2012 to 2022, respectively.

In value terms, Sweden ($X) remains the largest salted, dried or smoked meat, and offal supplier in Scandinavia, comprising 83% of total exports. The second position in the ranking was held by Norway ($X), with a 12% share of total exports.

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

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, with a decrease of -7.8% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the export price increased by 51%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Norway ($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 (+1.6%).

Imports of Salted, Dried or Smoked Meat, and Offal

Imports in Scandinavia

In 2022, supplies from abroad of salted, dried or smoked meat, and offal increased by 12% to X tons, rising for the second year in a row after two years of decline. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 21%. Over the period under review, imports of hit record highs at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of salted, dried or smoked meat, and offal stood at $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 14%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Sweden represented the main importing country with an import of around X tons, which reached 62% of total imports. Finland (X tons) ranks second in terms of the total imports with a 27% share, followed by Norway (11%).

Sweden experienced a relatively flat trend pattern with regard to volume of imports of salted, dried or smoked meat, and offal. At the same time, Norway (+3.8%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +3.8% from 2012-2022. By contrast, Finland (-2.2%) illustrated a downward trend over the same period. While the share of Sweden (+4 p.p.) and Norway (+3.3 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Finland (-7.4 p.p.) displayed negative dynamics.

In value terms, Sweden ($X) constitutes the largest market for imported salted, dried or smoked meat, and offal in Scandinavia, comprising 60% of total imports. The second position in the ranking was taken by Finland ($X), with a 22% share of total imports.

In Sweden, imports of salted, dried or smoked meat, and offal remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Finland (-1.9% per year) and Norway (+3.1% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2022, which is down by -5.5% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by 15%. Over the period under review, import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+0.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform