Sweden: Frozen Potato Market 2024

Frozen Potato Market Size in Sweden

The Swedish frozen potato market expanded notably to $X in 2021, picking up by 14% against the previous year. The market value increased at an average annual rate of +2.7% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Frozen Potato Production in Sweden

In value terms, frozen potato production stood at $X in 2021 estimated in export price. Overall, production recorded a abrupt decrease. Frozen potato production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Frozen Potato Exports

Exports from Sweden

In 2021, approx. X tons of frozen potatoes were exported from Sweden; growing by 5.8% compared with the previous year. In general, exports, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2017 with an increase of 48%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, frozen potato exports soared to $X in 2021. Over the period under review, exports, however, showed a deep slump. The growth pace was the most rapid in 2019 when exports increased by 33%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Denmark (X tons) and France (X tons) were the main destinations of frozen potato exports from Sweden, together comprising 55% of total exports. Finland, Poland, Norway, Switzerland, Hungary, Japan, Ireland, Spain, Mexico and Kuwait lagged somewhat behind, together comprising a further 34%.

From 2012 to 2021, the biggest increases were recorded for Mexico (with a CAGR of +154.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Denmark ($X) and Finland ($X) appeared to be the largest markets for frozen potato exported from Sweden worldwide, together accounting for 49% of total exports. Poland, France, Japan, Norway, Switzerland, Hungary, Ireland, Mexico, Spain and Kuwait lagged somewhat behind, together comprising a further 37%.

Among the main countries of destination, Mexico, with a CAGR of +202.8%, recorded 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

The average frozen potato export price stood at $X per ton in 2021, with an increase of 17% against the previous year. In general, the export price, however, recorded a mild downturn. The pace of growth was the most pronounced in 2018 an increase of 28%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to France ($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 Mexico (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Potato Imports

Imports into Sweden

Frozen potato imports into Sweden amounted to X tons in 2021, with an increase of 11% compared with the year before. The total import volume increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, frozen potato imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.2% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of frozen potato imports to Sweden, with a combined 98% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +9.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen potato suppliers to Sweden were the Netherlands ($X), Belgium ($X) and Germany ($X), with a combined 97% share of total imports.

Germany, with a CAGR of +11.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen potato import price stood at $X per ton in 2021, growing by 3.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 13% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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