Sweden: Mixed Juices Market 2024

Mixed Juices Market Size in Sweden

After three years of growth, the Swedish mixed juices market decreased by -17% to $X in 2022. Overall, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Mixed juices consumption peaked at $X in 2021, and then fell remarkably in the following year.

Mixed Juices Production in Sweden

In value terms, mixed juices production shrank to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2019 with an increase of 20% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Mixed Juices Exports

Exports from Sweden

In 2022, mixed juices exports from Sweden fell markedly to X tons, with a decrease of -24.7% against 2021. In general, exports saw a noticeable curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by 26% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, mixed juices exports contracted significantly to $X in 2022. Over the period under review, exports saw a deep reduction. The growth pace was the most rapid in 2019 with an increase of 14% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Finland (X tons) was the main destination for mixed juices exports from Sweden, accounting for a 74% share of total exports. Moreover, mixed juices exports to Finland exceeded the volume sent to the second major destination, Denmark (X tons), fivefold. Norway (X tons) ranked third in terms of total exports with a 4.7% share.

From 2012 to 2022, the average annual growth rate of volume to Finland amounted to +20.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-10.1% per year) and Norway (-13.4% per year).

In value terms, Finland ($X) remains the key foreign market for mixtures of fruit and vegetable juices exports from Sweden, comprising 70% of total exports. The second position in the ranking was taken by Denmark ($X), with a 12% share of total exports. It was followed by Norway, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value to Finland stood at +16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-10.8% per year) and Norway (-11.8% per year).

Export Prices by Country

In 2022, the average mixed juices export price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price saw a pronounced decline. The pace of growth was the most pronounced in 2016 an increase of 13% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iceland ($X per ton), while the average price for exports to the Netherlands ($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 Iceland (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Mixed Juices Imports

Imports into Sweden

In 2022, purchases abroad of mixtures of fruit and vegetable juices decreased by -4% to X tons for the first time since 2015, thus ending a six-year rising trend. In general, imports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 22% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then contracted in the following year.

In value terms, mixed juices imports reduced dramatically to $X in 2022. Overall, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of 41% against the previous year. Imports peaked at $X in 2021, and then declined notably in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest mixed juices supplier to Sweden, accounting for a 48% share of total imports. Moreover, mixed juices imports from Germany exceeded the figures recorded by the second-largest supplier, Denmark (X tons), twofold. The third position in this ranking was taken by the Netherlands (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +19.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-0.5% per year) and the Netherlands (+9.4% per year).

In value terms, the largest mixed juices suppliers to Sweden were Germany ($X), Denmark ($X) and the Netherlands ($X), together comprising 81% of total imports. Spain, Austria and Poland lagged somewhat behind, together comprising a further 13%.

Among the main suppliers, Spain, with a CAGR of +89.1%, 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 more modest paces of growth.

Import Prices by Country

The average mixed juices import price stood at $X per ton in 2022, reducing by -19.2% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 17%. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, 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 Netherlands ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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