Sweden: Market for Butter And Dairy Spreads 2025

Market Size for Butter And Dairy Spreads in Sweden

In 2022, the Swedish butter and dairy spreads market decreased by -2.4% to $X, falling for the fourth consecutive year after two years of growth. In general, consumption continues to indicate a noticeable descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Butter And Dairy Spreads in Sweden

In value terms, butter and dairy spreads production totaled $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with a decrease of 99.9% against the previous year. Butter and dairy spreads production peaked in 2022 and is likely to see steady growth in the immediate term.

Exports of Butter And Dairy Spreads

Exports from Sweden

In 2022, after two years of growth, there was significant decline in overseas shipments of butter and dairy spreads, when their volume decreased by -22.1% to X tons. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 132% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, butter and dairy spreads exports expanded slightly to $X in 2022. In general, exports, however, showed a measured increase. The most prominent rate of growth was recorded in 2017 when exports increased by 167%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for butter and dairy spreads exports from Sweden, accounting for a 39% share of total exports. Moreover, butter and dairy spreads exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X tons), twofold. Denmark (X tons) ranked third in terms of total exports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands totaled +117.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-1.7% per year) and Denmark (-2.8% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for butter and dairy spreads exports from Sweden, comprising 41% of total exports. The second position in the ranking was taken by Germany ($X), with an 18% share of total exports. It was followed by Belgium, with a 17% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands amounted to +127.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+3.8% per year) and Belgium (-3.0% per year).

Export Prices by Country

In 2022, the average butter and dairy spreads export price amounted to $X per ton, rising by 33% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+40.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Butter And Dairy Spreads

Imports into Sweden

In 2022, butter and dairy spreads imports into Sweden shrank sharply to X tons, falling by -17.2% against the previous year. In general, imports recorded a noticeable setback. The pace of growth was the most pronounced in 2015 with an increase of 25% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, butter and dairy spreads imports declined modestly to $X in 2022. Over the period under review, imports continue to indicate a slight shrinkage. The pace of growth was the most pronounced in 2017 when imports increased by 29% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Finland (X tons), Denmark (X tons) and Germany (X tons) were the main suppliers of butter and dairy spreads imports to Sweden, with a combined 94% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of +9.8%), while purchases for the other leaders experienced a decline.

In value terms, Finland ($X), Denmark ($X) and Germany ($X) constituted the largest butter and dairy spreads suppliers to Sweden, together accounting for 93% of total imports.

In terms of the main suppliers, Finland, with a CAGR of +9.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average butter and dairy spreads import price stood at $X per ton in 2022, growing by 21% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 29% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Belgium ($X per ton) and the Netherlands ($X per ton), while the price for Finland ($X per ton) and Denmark ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :