Sweden: Market for Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs 2025

Market Size for Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs in Sweden

In 2021, the Swedish meat and fish extracts market increased by 36% to $X, rising for the second year in a row after six years of decline. In general, consumption, however, showed a abrupt decline. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs in Sweden

In value terms, meat and fish extracts production surged to $X in 2021 estimated in export price. Overall, production, however, faced a deep reduction. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs

Exports from Sweden

Meat and fish extracts exports from Sweden totaled X tons in 2021, therefore, remained relatively stable against the previous year. Overall, exports, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2016 with an increase of 1,859%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, meat and fish extracts exports soared to $X in 2021. Over the period under review, exports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 2,255% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Lithuania (X tons), Norway (X tons) and Germany (X tons) were the main destinations of meat and fish extracts exports from Sweden, together accounting for 72% of total exports.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +305.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for meat and fish extracts exported from Sweden were Lithuania ($X), Germany ($X) and France ($X), with a combined 78% share of total exports.

Lithuania, with a CAGR of +314.8%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average meat and fish extracts export price stood at $X per ton in 2021, surging by 22% against the previous year. Over the period under review, the export price recorded significant growth. The most prominent rate of growth was recorded in 2020 an increase of 321%. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Norway ($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 Estonia (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs

Imports into Sweden

In 2021, supplies from abroad of extracts and juices of meat, fish, crustaceans and molluscs increased by 14% to X tons, rising for the second consecutive year after three years of decline. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 38%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, meat and fish extracts imports soared to $X in 2021. Over the period under review, imports saw a resilient increase. The pace of growth appeared the most rapid in 2016 with an increase of 74% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

France (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of meat and fish extracts imports to Sweden, together comprising 68% of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +27.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), France ($X) and the Netherlands ($X) constituted the largest meat and fish extracts suppliers to Sweden, with a combined 76% share of total imports.

France, with a CAGR of +29.8%, 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 2021, the average meat and fish extracts import price amounted to $X per ton, growing by 6.8% against the previous year. Overall, the import price posted strong growth. The pace of growth was the most pronounced in 2017 an increase of 38% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is likely to continue growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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