Sweden: Market for Dried Cod, Whether Or Not Salted 2021

Market Size for Dried Cod, Whether Or Not Salted in Sweden

After three years of growth, the Swedish market for dried cod, whether or not salted decreased by -X% to $X in 2019. Over the period under review, consumption saw a deep slump. The pace of growth was the most pronounced in 2011 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.

Production of Dried Cod, Whether Or Not Salted in Sweden

In value terms, production of dried cod, whether or not salted reduced slightly to $X in 2019 estimated in export prices. In general, production saw a perceptible downturn. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2009; however, from 2010 to 2019, production remained at a lower figure.

Exports of Dried Cod, Whether Or Not Salted

Exports from Sweden

In 2019, after two years of decline, there was growth in overseas shipments of dried cod, whether or not salted, when their volume increased by X% to X tons. In general, total exports indicated measured growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2016 indices. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at X tons in 2012; however, from 2013 to 2019, exports remained at a lower figure.

In value terms, exports of dried cod, whether or not salted totaled $X in 2019. Over the period under review, total exports indicated a slight increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2011 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2012 to 2019, the growth of exports failed to regain the momentum.

Exports by Country

Portugal (X tons) was the main destination for exports of dried cod, whether or not salted from Sweden, accounting for a X% share of total exports. Moreover, exports of dried cod, whether or not salted to Portugal exceeded the volume sent to the second major destination, Spain (X tons), tenfold. The third position in this ranking was occupied by Italy (X tons), with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Portugal totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+X% per year) and Italy (-X% per year).

In value terms, Portugal ($X) remains the key foreign market for dried cod, whether or not salted exports from Sweden, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Portugal totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-X% per year) and Spain (+X% per year).

Export Prices by Country

The average export price for dried cod, whether or not salted stood at $X per ton in 2019, growing by X% against the previous year. In general, the export price, however, saw a slight decrease. The growth pace was the most rapid in 2011 an increase of X% year-to-year. Over the period under review, average export prices attained the maximum at $X per ton in 2008; however, from 2009 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced a decline.

Imports of Dried Cod, Whether Or Not Salted

Imports into Sweden

In 2019, after three years of decline, there was growth in overseas purchases of dried cod, whether or not salted, when their volume increased by X% to X tons. In general, total imports indicated slight growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2019, imports remained at a lower figure.

In value terms, imports of dried cod, whether or not salted expanded markedly to $X in 2019. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. From 2012 to 2019, the growth of imports failed to regain the momentum.

Imports by Country

In 2019, Norway (X tons) was the main dried cod, whether or not salted supplier to Sweden, with a approx. X% share of total imports.

From 2007 to 2019, the average annual growth rate of volume from Norway stood at +X%.

In value terms, Norway ($X) constituted the largest supplier of dried cod, whether or not salted to Sweden.

From 2007 to 2019, the average annual growth rate of value from Norway was relatively modest.

Import Prices by Country

The average import price for dried cod, whether or not salted stood at $X per ton in 2019, growing by X% against the previous year. Overall, the import price, however, saw a perceptible descent. The pace of growth was the most pronounced in 2011 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2008; however, from 2009 to 2019, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Norway.

From 2007 to 2019, the rate of growth in terms of prices for Norway amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :