Sweden: Powdered Milk Market 2025

Powdered Milk Market Size in Sweden

In 2022, the Swedish powdered milk market decreased by -91.9% to $X, falling for the third consecutive year after two years of growth. In general, consumption continues to indicate a dramatic downturn. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Powdered Milk Production in Sweden

In value terms, powdered milk production dropped modestly to $X in 2022 estimated in export price. Overall, production saw a noticeable slump. The pace of growth was the most pronounced in 2013 when the production volume increased by 49% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Powdered Milk Exports

Exports from Sweden

In 2022, shipments abroad of powdered milk increased by 2.1% to X tons, rising for the third year in a row after four years of decline. The total export volume increased at an average annual rate of +2.5% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2014 when exports increased by 18%. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, powdered milk exports skyrocketed to $X in 2022. In general, exports continue to indicate a notable expansion. The pace of growth appeared the most rapid in 2013 with an increase of 49% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X tons), China (X tons) and the Netherlands (X tons) were the main destinations of powdered milk exports from Sweden, together comprising 59% of total exports. Germany, Egypt, Spain, Denmark, Ghana, South Africa, Lebanon, Italy and Ireland lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +87.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Oman ($X), China ($X) and the Netherlands ($X) appeared to be the largest markets for powdered milk exported from Sweden worldwide, together accounting for 60% of total exports. Germany, Egypt, Spain, Denmark, Ghana, Lebanon, South Africa, Ireland and Italy lagged somewhat behind, together comprising a further 31%.

In terms of the main countries of destination, Ireland, with a CAGR of +87.5%, saw the highest growth rate of 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 powdered milk export price amounted to $X per ton, surging by 21% against the previous year. In general, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, powdered milk export price increased by +50.6% against 2017 indices. The pace of growth was the most pronounced in 2013 an increase of 33%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Ireland ($X per ton) and Lebanon ($X per ton), while the average price for exports to Denmark ($X per ton) and Ghana ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.

Powdered Milk Imports

Imports into Sweden

In 2022, purchases abroad of powdered milk was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 23% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, powdered milk imports soared to $X in 2022. The total import value increased at an average annual rate of +4.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Finland (X tons) and Denmark (X tons) were the main suppliers of powdered milk imports to Sweden, with a combined 78% share of total imports. France, the Netherlands, Poland, Portugal, Austria and the UK lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +59.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Finland ($X) and Denmark ($X) constituted the largest powdered milk suppliers to Sweden, with a combined 71% share of total imports. France, the Netherlands, Portugal, Poland, Austria and the UK lagged somewhat behind, together accounting for a further 28%.

Portugal, with a CAGR of +69.1%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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 powdered milk import price amounted to $X per ton, picking up by 13% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, powdered milk import price increased by +50.1% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of 32% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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