Scandinavia: Market for Sheep And Goat Meat 2024

Market Size for Sheep And Goat Meat in Scandinavia

In 2022, the Scandinavia sheep and goat meat market increased by X% to $X, rising for the second consecutive year after four years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Sheep And Goat Meat in Scandinavia

In value terms, sheep and goat meat production totaled $X in 2022 estimated in export price. The total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Norway (X tons) constituted the country with the largest volume of sheep and goat meat production, accounting for X% of total volume. Moreover, sheep and goat meat production in Norway exceeded the figures recorded by the second-largest producer, Sweden (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume in Norway was relatively modest. In the other countries, the average annual rates were as follows: Sweden (X% per year) and Finland (X% per year).

The average sheep and goat meat yield fell slightly to X kg per head in 2022, approximately mirroring the previous year. In general, the yield, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the sheep and goat meat yield hit record highs at X kg per head in 2015; however, from 2016 to 2022, the yield stood at a somewhat lower figure.

In 2022, number of animals slaughtered for sheep and goat meat production in Scandinavia amounted to X heads, leveling off at the previous year. Over the period under review, the number of producing animals saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the amount of producing animals reached the peak level of X heads. From 2018 to 2022, the growth of this number failed to regain momentum.

Exports of Sheep And Goat Meat

Exports in Scandinavia

After four years of decline, overseas shipments of sheep and goat meat increased by X% to X tons in 2022. Over the period under review, exports saw a measured increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, sheep and goat meat exports surged to $X in 2022. In general, exports enjoyed a mild increase. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden was the largest exporting country with an export of around X tons, which amounted to X% of total exports. Norway (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Finland (X%).

Exports from Sweden increased at an average annual rate of X% from 2012 to 2022. At the same time, Norway (X%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2022. By contrast, Finland (X%) illustrated a downward trend over the same period. Norway (X p.p.) and Sweden (X p.p.) significantly strengthened its position in terms of the total exports, while Finland saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Sweden ($X) remains the largest sheep and goat meat supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Norway ($X), with a X% share of total exports.

In Sweden, sheep and goat meat exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Norway (X% per year) and Finland (X% per year).

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, reducing by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 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 Norway (X%), while the other leaders experienced a decline in the export price figures.

Imports of Sheep And Goat Meat

Imports in Scandinavia

In 2022, supplies from abroad of sheep and goat meat increased by X% to X tons for the first time since 2016, thus ending a five-year declining trend. Over the period under review, imports, however, showed a relatively flat trend pattern. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, sheep and goat meat imports surged to $X in 2022. Overall, imports showed a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Sweden (X tons) represented the major importer of sheep and goat meat, creating X% of total imports. It was distantly followed by Finland (X tons) and Norway (X tons), together making up a X% share of total imports.

Sweden was also the fastest-growing in terms of the sheep and goat meat imports, with a CAGR of X% from 2012 to 2022. Finland (X%) and Norway (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Sweden increased by X percentage points.

In value terms, Sweden ($X) constitutes the largest market for imported sheep and goat meat in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Finland ($X), with a X% share of total imports.

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

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices reached the peak figure in 2022 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 Finland ($X per ton), while Sweden ($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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform