Sweden: Durum Wheat Market 2024

Durum Wheat Market Size in Sweden

The Swedish durum wheat market amounted to $X in 2022, surging by 1.8% against the previous year. Over the period under review, consumption, however, recorded a mild contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Durum Wheat Production in Sweden

In value terms, durum wheat production stood at $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable downturn. The pace of growth appeared the most rapid in 2019 when the production volume increased by 157%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of durum wheat in Sweden totaled X tons per ha, picking up by 6.4% compared with the previous year's figure. Overall, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the yield increased by 70% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2020 to 2022, the growth of the average durum wheat yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The durum wheat harvested area in Sweden declined slightly to X ha in 2022, shrinking by -3.1% on 2021 figures. The harvested area increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the harvested area increased by 40% against the previous year. The durum wheat harvested area peaked at X ha in 2021, and then fell in the following year.

Durum Wheat Exports

Exports from Sweden

Durum wheat exports from Sweden declined notably to X tons in 2022, shrinking by -34.5% on 2021. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 474% against the previous year. The exports peaked at X tons in 2021, and then dropped rapidly in the following year.

In value terms, durum wheat exports expanded rapidly to $X in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 275%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Norway (X tons) was the main destination for durum wheat exports from Sweden, with a 100% share of total exports. It was followed by Denmark (X kg), with a 0.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway totaled +51.8%.

In value terms, Norway ($X) remains the key foreign market for durum wheat exports from Sweden, comprising 100% of total exports. The second position in the ranking was taken by Denmark ($X), with a 0.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway amounted to +54.3%.

Export Prices by Country

The average durum wheat export price stood at $X per ton in 2022, picking up by 73% against the previous year. Overall, the export price saw a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Denmark stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+1.7%), while the prices for the other major destinations experienced a decline.

Durum Wheat Imports

Imports into Sweden

After two years of growth, overseas purchases of durum wheat decreased by -42.8% to X tons in 2022. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2018 when imports increased by 1,665%. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, durum wheat imports shrank significantly to $X in 2022. In general, imports saw a noticeable setback. The pace of growth was the most pronounced in 2018 with an increase of 850%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Spain (X tons), France (X tons) and Italy (X tons) were the main suppliers of durum wheat imports to Sweden, with a combined 99% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +15.1%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest durum wheat suppliers to Sweden were Spain ($X), France ($X) and Italy ($X), with a combined 97% share of total imports.

In terms of the main suppliers, Italy, with a CAGR of +9.3%, 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 mixed trend patterns.

Import Prices by Country

The average durum wheat import price stood at $X per ton in 2022, increasing by 27% against the previous year. In general, the import price saw a notable expansion. The most prominent rate of growth was recorded in 2017 an increase of 52%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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