Sweden: Cereal Flour Market 2024

Cereal Flour Market Size in Sweden

The Swedish cereal flour market soared to $X in 2022, increasing by X% against the previous year. Overall, consumption, however, showed a slight slump. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Cereal Flour Production in Sweden

In value terms, cereal flour production soared to $X in 2022 estimated in export price. In general, production, however, showed a mild slump. Cereal flour production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Cereal Flour Exports

Exports from Sweden

In 2022, overseas shipments of cereal flours were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cereal flour exports expanded rapidly to $X in 2022. In general, exports, however, saw a mild reduction. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Denmark (X tons), Belgium (X tons) and Norway (X tons) were the main destinations of cereal flour exports from Sweden, with a combined X% share of total exports. Germany, the UK, Portugal, Poland, Finland, Spain, Lithuania and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cereal flour exported from Sweden were Belgium ($X), Denmark ($X) and Norway ($X), with a combined X% share of total exports. Germany, the UK, the United States, Finland, Portugal, Spain, Poland and Lithuania lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

In 2022, the average cereal flour export price amounted to $X per ton, approximately equating the previous year. In general, the export price enjoyed a prominent increase. The pace of growth was the most pronounced in 2020 an increase of X%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Lithuania ($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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cereal Flour Imports

Imports into Sweden

In 2022, purchases abroad of cereal flours was finally on the rise to reach X tons after four years of decline. Over the period under review, imports, however, continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, cereal flour imports surged to $X in 2022. Overall, imports, however, saw a pronounced decrease. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Poland (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of cereal flour imports to Sweden, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cereal flour suppliers to Sweden were Italy ($X), Poland ($X) and Germany ($X), with a combined X% share of total imports.

Among the main suppliers, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cereal flour import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price 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, cereal flour import price increased by X% against 2015 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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