Sweden: Couscous Market 2024

Couscous Market Size in Sweden

The Swedish couscous market expanded notably to $X in 2021, surging by 5.1% against the previous year. In general, consumption posted a strong increase. Couscous consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Couscous Production in Sweden

In value terms, couscous production soared to $X in 2021 estimated in export price. In general, the total production indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +114.5% against 2016 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 39%. Over the period under review, production attained the maximum level in 2021 and is expected to retain growth in years to come.

Couscous Exports

Exports from Sweden

In 2021, approx. X tons of couscous were exported from Sweden; with a decrease of -3.8% against the previous year's figure. In general, exports saw a mild shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by 45% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, couscous exports rose remarkably to $X in 2021. Over the period under review, total exports indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +44.2% against 2018 indices. The growth pace was the most rapid in 2014 when exports increased by 50%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Denmark (X tons), Finland (X tons) and Norway (X tons) were the main destinations of couscous exports from Sweden, together accounting for 93% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +15.8%), while the other leaders experienced a decline.

In value terms, Denmark ($X) remains the key foreign market for couscous exports from Sweden, comprising 55% of total exports. The second position in the ranking was taken by Finland ($X), with a 21% share of total exports. It was followed by Norway, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Denmark amounted to +34.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-3.6% per year) and Norway (-7.9% per year).

Export Prices by Country

In 2021, the average couscous export price amounted to $X per ton, growing by 9.2% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, couscous export price increased by +82.1% against 2017 indices. The growth pace was the most rapid in 2020 an increase of 26% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Norway ($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 Denmark (+16.2%), while the prices for the other major destinations experienced mixed trend patterns.

Couscous Imports

Imports into Sweden

In 2021, couscous imports into Sweden shrank to X tons, waning by -6.4% against 2020. Over the period under review, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -20.9% against 2018 indices. The most prominent rate of growth was recorded in 2016 with an increase of 26%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, couscous imports contracted to $X in 2021. Overall, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 41%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of couscous to Sweden, accounting for a 69% share of total imports. Moreover, couscous imports from Italy exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), sixfold. France (X tons) ranked third in terms of total imports with a 4.6% share.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled +16.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+23.9% per year) and France (-19.0% per year).

In value terms, Italy ($X) constituted the largest supplier of couscous to Sweden, comprising 62% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 14% share of total imports. It was followed by Germany, with a 3.6% share.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to +19.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+23.5% per year) and Germany (+10.4% per year).

Import Prices by Country

In 2021, the average couscous import price amounted to $X per ton, stabilizing at the previous year. Over the last nine-year period, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2019 when the average import price increased by 27%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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