Sweden: Carob Market 2025

Carob Market Size in Sweden

In 2021, the Swedish carob market decreased by -65.5% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption, however, saw resilient growth. Over the period under review, the market attained the maximum level at $X in 2020, and then declined remarkably in the following year.

Carob Exports

Exports from Sweden

In 2021, approx. X kg of carob were exported from Sweden; declining by -44.4% on the previous year. In general, exports continue to indicate a sharp shrinkage. Over the period under review, the exports attained the peak figure at X kg in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, carob exports soared to $X in 2021. Over the period under review, exports, however, posted a slight expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Denmark (X kg) was the main destination for carob exports from Sweden, with a 76% share of total exports. Moreover, carob exports to Denmark exceeded the volume sent to the second major destination, Norway (X kg), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Denmark stood at -35.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+2.5% per year) and Turkey (0.0% per year).

In value terms, Norway ($X) emerged as the key foreign market for carob exports from Sweden, comprising 77% of total exports. The second position in the ranking was taken by Denmark ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Norway amounted to +85.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-14.4% per year) and Turkey (0.0% per year).

Export Prices by Country

The average carob export price stood at $X per ton in 2021, increasing by 466% against the previous year. In general, the export price continues to indicate a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Norway ($X per ton), while the average price for exports to Denmark ($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 Norway (+83.6%), while the prices for the other major destinations experienced more modest paces of growth.

Carob Imports

Imports into Sweden

In 2021, after three years of growth, there was significant decline in supplies from abroad of carob, when their volume decreased by -77.1% to X tons. Overall, imports, however, enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 2,304%. Imports peaked at X tons in 2020, and then shrank significantly in the following year.

In value terms, carob imports reduced sharply to $X in 2021. In general, imports, however, recorded strong growth. The growth pace was the most rapid in 2018 with an increase of 2,650% against the previous year. Imports peaked at $X in 2020, and then dropped notably in the following year.

Imports by Country

In 2021, Denmark (X tons) constituted the largest supplier of carob to Sweden, accounting for a 64% share of total imports. Moreover, carob imports from Denmark exceeded the figures recorded by the second-largest supplier, Spain (X tons), fourfold. Germany (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Denmark totaled +38.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-9.6% per year) and Germany (+18.0% per year).

In value terms, Denmark ($X) constituted the largest supplier of carob to Sweden, comprising 76% of total imports. The second position in the ranking was held by Germany ($X), with an 11% share of total imports. It was followed by Spain, with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Denmark stood at +34.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+51.6% per year) and Spain (-9.6% per year).

Import Prices by Country

In 2021, the average carob import price amounted to $X per ton, picking up by 181% against the previous year. Overall, the import price saw a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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