Sweden: Frozen Fish Fillet Market 2025

Frozen Fish Fillet Market Size in Sweden

In 2022, the Swedish frozen fish fillet market was finally on the rise to reach $X after four years of decline. Over the period under review, consumption, however, showed a mild curtailment. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Frozen Fish Fillet Production in Sweden

In value terms, frozen fish fillet production contracted rapidly to $X in 2022 estimated in export price. In general, production, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 7.8% against the previous year. Frozen fish fillet production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Frozen Fish Fillet Exports

Exports from Sweden

After seven years of growth, shipments abroad of frozen fish fillet decreased by -2.4% to X tons in 2022. Over the period under review, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 32% against the previous year. The exports peaked at X tons in 2021, and then dropped modestly in the following year.

In value terms, frozen fish fillet exports amounted to $X in 2022. In general, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of 44% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tons), Germany (X tons) and France (X tons) were the main destinations of frozen fish fillet exports from Sweden, with a combined 62% share of total exports. Lithuania, Spain, Finland, Italy, Estonia, Denmark and the Netherlands lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (with a CAGR of +94.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen fish fillet exported from Sweden were Germany ($X), France ($X) and Spain ($X), together accounting for 55% of total exports. Poland, Italy, Finland, Lithuania, Denmark, the Netherlands and Estonia lagged somewhat behind, together accounting for a further 33%.

In terms of the main countries of destination, Lithuania, with a CAGR of +76.0%, saw the highest rates of growth with regard to 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 frozen fish fillet export price amounted to $X per ton, picking up by 3.9% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 18%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Fish Fillet Imports

Imports into Sweden

In 2022, frozen fish fillet imports into Sweden totaled X tons, remaining stable against 2021 figures. The total import volume increased at an average annual rate of +2.6% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when imports increased by 16%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, frozen fish fillet imports totaled $X in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2012 to 2022; 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 15%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Norway (X tons) constituted the largest supplier of frozen fish fillet to Sweden, with a 67% share of total imports. Moreover, frozen fish fillet imports from Norway exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. Denmark (X tons) ranked third in terms of total imports with a 7% share.

From 2012 to 2022, the average annual growth rate of volume from Norway stood at +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-3.6% per year) and Denmark (+4.9% per year).

In value terms, Norway ($X) constituted the largest supplier of frozen fish fillet to Sweden, comprising 70% of total imports. The second position in the ranking was taken by China ($X), with a 9.2% share of total imports. It was followed by Denmark, with an 8.2% share.

From 2012 to 2022, the average annual growth rate of value from Norway stood at +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-2.0% per year) and Denmark (+7.9% per year).

Import Prices by Country

In 2022, the average frozen fish fillet import price amounted to $X per ton, rising by 5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2017 an increase of 19%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, 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 Poland ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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