Sweden: Market for Prepared Dishes And Meals 2024

Market Size for Prepared Dishes And Meals in Sweden

The Swedish prepared dish and meal market dropped to $X in 2021, which is down by -12.5% against the previous year. In general, consumption recorded a perceptible decrease. Prepared dish and meal consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Prepared Dishes And Meals in Sweden

In value terms, prepared dish and meal production shrank to $X in 2021 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by 32% against the previous year. Prepared dish and meal production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Prepared Dishes And Meals

Exports from Sweden

In 2021, shipments abroad of prepared dishes and meals increased by 24% to X tons, rising for the seventh year in a row after two years of decline. In general, total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +109.1% against 2014 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, prepared dish and meal exports soared to $X in 2021. Overall, total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +87.3% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Finland (X tons), Norway (X tons) and Denmark (X tons) were the main destinations of prepared dish and meal exports from Sweden, with a combined 66% share of total exports. These countries were followed by Germany, the UK, the United States, the Netherlands, France, Poland and Russia, which together accounted for a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +14.6%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Denmark ($X) and Finland ($X) appeared to be the largest markets for prepared dish and meal exported from Sweden worldwide, together accounting for 39% of total exports. The United States, the UK, France, Germany, Poland, the Netherlands and Russia lagged somewhat behind, together accounting for a further 33%.

In terms of the main countries of destination, Germany, with a CAGR of +20.0%, 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

The average prepared dish and meal export price stood at $X per ton in 2021, shrinking by -3.2% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 15%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Russia ($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 Germany (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Dishes And Meals

Imports into Sweden

In 2021, approx. X tons of prepared dishes and meals were imported into Sweden; surging by 13% against the previous year's figure. Over the period under review, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +64.2% against 2013 indices. The pace of growth was the most pronounced in 2018 when imports increased by 20%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, prepared dish and meal imports expanded rapidly to $X in 2021. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 16%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Germany (X tons) constituted the largest prepared dish and meal supplier to Sweden, with a 29% share of total imports. Moreover, prepared dish and meal imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. The third position in this ranking was held by Denmark (X tons), with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +12.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+9.6% per year) and Denmark (+0.2% per year).

In value terms, the largest prepared dish and meal suppliers to Sweden were Germany ($X), Denmark ($X) and the Netherlands ($X), together accounting for 39% of total imports. Norway, the UK, Finland, Poland, Belgium, France, Thailand, Spain, Sri Lanka and Estonia lagged somewhat behind, together accounting for a further 36%.

In terms of the main suppliers, Estonia, with a CAGR of +55.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average prepared dish and meal import price stood at $X per ton in 2021, declining by -1.8% against the previous year. Over the period under review, the import price showed a noticeable decline. The pace of growth was the most pronounced in 2017 when the average import price increased by 7.6%. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :