Sweden: Maize Market 2025

Maize Market Size in Sweden

The Swedish maize market skyrocketed to $X in 2022, increasing by 37% against the previous year. In general, consumption continues to indicate a resilient expansion. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Maize Production in Sweden

In value terms, maize production amounted to $X in 2022 estimated in export price. Overall, production, however, showed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 172% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The average yield of maize in Sweden dropped to X tons per ha in 2022, falling by -10.9% compared with the previous year's figure. In general, the yield, however, continues to indicate resilient growth. The growth pace was the most rapid in 2019 when the yield increased by 68% against the previous year. The maize yield peaked at X tons per ha in 2021, and then fell in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of maize in Sweden was estimated at X ha, surging by 3.2% against the year before. Overall, the harvested area continues to indicate a strong increase. The pace of growth was the most pronounced in 2019 with an increase of 46% against the previous year. The maize harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Maize Exports

Exports from Sweden

In 2022, exports of maize from Sweden skyrocketed to X tons, rising by 74% on the previous year. Over the period under review, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 118%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, maize exports skyrocketed to $X in 2022. In general, exports recorded prominent growth. The pace of growth was the most pronounced in 2015 when exports increased by 137% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X tons), Denmark (X tons) and Finland (X tons) were the main destinations of maize exports from Sweden, together comprising 98% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +91.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for maize exported from Sweden were Norway ($X), Denmark ($X) and Finland ($X), with a combined 97% share of total exports.

Denmark, with a CAGR of +73.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average maize export price stood at $X per ton in 2022, reducing by -17.6% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 35%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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 Finland ($X per ton), while the average price for exports to France ($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 Finland (-0.2%), while the prices for the other major destinations experienced a decline.

Maize Imports

Imports into Sweden

After two years of decline, purchases abroad of maize increased by 58% to X tons in 2022. Over the period under review, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 98% against the previous year. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, maize imports soared to $X in 2022. Overall, imports posted a buoyant increase. The growth pace was the most rapid in 2018 when imports increased by 89% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Poland (X tons) was the main maize supplier to Sweden, accounting for a 91% share of total imports. It was followed by Denmark (X tons), with a 2.8% share of total imports. France (X tons) ranked third in terms of total imports with a 2.1% share.

From 2012 to 2022, the average annual growth rate of volume from Poland amounted to +33.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+6.9% per year) and France (-3.5% per year).

In value terms, Poland ($X) constituted the largest supplier of maize to Sweden, comprising 71% of total imports. The second position in the ranking was taken by Denmark ($X), with a 9.8% share of total imports. It was followed by France, with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland stood at +33.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+4.0% per year) and France (+2.4% per year).

Import Prices by Country

In 2022, the average maize import price amounted to $X per ton, dropping by -5.3% against the previous year. Over the period under review, the import price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 35% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, 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 the Netherlands (+26.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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