Sweden: Canned Meat Market 2025

Canned Meat Market Size in Sweden

The Swedish canned meat market rose modestly to $X in 2021, picking up by 4.1% against the previous year. Over the period under review, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +5.2% against 2019 indices. Canned meat consumption peaked at $X in 2018; afterwards, it flattened through to 2021.

Canned Meat Production in Sweden

In value terms, canned meat production rose notably to $X in 2021 estimated in export price. In general, production recorded a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of 53% against the previous year. Over the period under review, production reached the peak level in 2021 and is likely to see steady growth in the near future.

Canned Meat Exports

Exports from Sweden

In 2021, shipments abroad of canned meat was finally on the rise to reach X tons after three years of decline. In general, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, canned meat exports soared to $X in 2021. Over the period under review, exports, however, showed a noticeable curtailment. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Denmark (X tons) was the main destination for canned meat exports from Sweden, accounting for a 48% share of total exports. Moreover, canned meat exports to Denmark exceeded the volume sent to the second major destination, the UK (X tons), threefold. The third position in this ranking was taken by Finland (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Denmark stood at +8.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+3.3% per year) and Finland (-7.5% per year).

In value terms, the largest markets for canned meat exported from Sweden were Denmark ($X), the UK ($X) and Finland ($X), together comprising 62% of total exports. Germany, Belgium, Norway, Hong Kong SAR and Spain lagged somewhat behind, together comprising a further 26%.

In terms of the main countries of destination, Hong Kong SAR, with a CAGR of +6.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average canned meat export price stood at $X per ton in 2021, declining by -27.4% against the previous year. Over the period under review, the export price showed a deep reduction. The pace of growth was the most pronounced in 2013 when the average export price increased by 17% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

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 Norway ($X per ton), while the average price for exports to Denmark ($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 Norway (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Canned Meat Imports

Imports into Sweden

In 2021, after two years of decline, there was significant growth in supplies from abroad of canned meat, when their volume increased by 8.1% to X tons. In general, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, canned meat imports rose rapidly to $X in 2021. Overall, imports, however, recorded a slight descent. The most prominent rate of growth was recorded in 2013 when imports increased by 13% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Denmark (X tons) constituted the largest canned meat supplier to Sweden, with a 43% share of total imports. Moreover, canned meat imports from Denmark exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with an 8.8% share.

From 2012 to 2021, the average annual growth rate of volume from Denmark was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.7% per year) and the Netherlands (+8.3% per year).

In value terms, Denmark ($X) constituted the largest supplier of canned meat to Sweden, comprising 39% of total imports. The second position in the ranking was taken by Germany ($X), with a 19% share of total imports. It was followed by the Netherlands, with a 9.9% share.

From 2012 to 2021, the average annual growth rate of value from Denmark amounted to -1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.4% per year) and the Netherlands (+8.4% per year).

Import Prices by Country

The average canned meat import price stood at $X per ton in 2021, surging by 4.6% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 6.8% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, 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 Finland ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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