Sweden: Apple Juice Market 2024

Apple Juice Market Size in Sweden

The Swedish apple juice market declined to $X in 2021, reducing by -8.4% against the previous year. In general, consumption recorded a mild downturn. Apple juice consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Apple Juice Production in Sweden

In value terms, apple juice production declined to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by 22% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Apple Juice Exports

Exports from Sweden

In 2021, overseas shipments of apple juice (single strength) were finally on the rise to reach X tons after three years of decline. In general, exports posted a perceptible expansion. The growth pace was the most rapid in 2016 with an increase of 879% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, apple juice exports soared to $X in 2021. Overall, exports continue to indicate buoyant growth. The growth pace was the most rapid in 2016 when exports increased by 412% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Finland (X tons) was the main destination for apple juice exports from Sweden, with a 63% share of total exports. Moreover, apple juice exports to Finland exceeded the volume sent to the second major destination, Denmark (X tons), sixfold. Malaysia (X tons) ranked third in terms of total exports with a 6.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Finland stood at +4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+11.4% per year) and Malaysia (+39.9% per year).

In value terms, Finland ($X), Denmark ($X) and Malaysia ($X) were the largest markets for apple juice exported from Sweden worldwide, with a combined 56% share of total exports. Indonesia, Singapore, Italy and Norway lagged somewhat behind, together comprising a further 26%.

Indonesia, with a CAGR of +267.5%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average apple juice export price stood at $X per ton in 2021, surging by 11% against the previous year. In general, the export price showed a mild increase. The pace of growth appeared the most rapid in 2013 an increase of 99%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+41.9%), while the prices for the other major destinations experienced more modest paces of growth.

Apple Juice Imports

Imports into Sweden

In 2021, after three years of growth, there was significant decline in purchases abroad of apple juice (single strength), when their volume decreased by -9.1% to X tons. Over the period under review, imports recorded a pronounced descent. The most prominent rate of growth was recorded in 2020 when imports increased by 37% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, apple juice imports shrank rapidly to $X in 2021. In general, imports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by 90%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Denmark (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of apple juice imports to Sweden, with a combined 85% share of total imports. Austria, Finland and the Netherlands lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +31.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest apple juice suppliers to Sweden were Denmark ($X), Germany ($X) and Belgium ($X), together comprising 83% of total imports. These countries were followed by Finland, the Netherlands and Austria, which together accounted for a further 15%.

Austria, with a CAGR of +16.4%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average apple juice import price stood at $X per ton in 2021, with a decrease of -11.6% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 46%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :