Sweden: Pesticide Market 2024

Pesticide Market Size in Sweden

For the fourth consecutive year, the Swedish pesticide market recorded growth in sales value, which increased by X% to $X in 2022. Overall, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2014 indices. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in years to come.

Pesticide Production in Sweden

In value terms, pesticide production expanded rapidly to $X in 2022 estimated in export price. In general, production saw a buoyant increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Pesticide production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Pesticide Exports

Exports from Sweden

In 2022, shipments abroad of pesticides decreased by X% to X tons, falling for the second consecutive year after six years of growth. Over the period under review, exports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, pesticide exports fell sharply to $X in 2022. Overall, exports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Norway (X tons) was the main destination for pesticide exports from Sweden, with a X% share of total exports. Moreover, pesticide exports to Norway exceeded the volume sent to the second major destination, Latvia (X tons), twofold. Finland (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (X% per year) and Finland (X% per year).

In value terms, the largest markets for pesticide exported from Sweden were Norway ($X), Denmark ($X) and Finland ($X), together accounting for X% of total exports. France, Latvia, Germany, Spain, Poland, the UK, Italy, South Korea, Belgium and Portugal lagged somewhat behind, together comprising a further X%.

Portugal, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average pesticide export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

Pesticide Imports

Imports into Sweden

Pesticide imports into Sweden declined to X tons in 2022, reducing by X% compared with the previous year's figure. Over the period under review, total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, pesticide imports amounted to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Denmark (X tons), Germany (X tons) and the UK (X tons) were the main suppliers of pesticide imports to Sweden, together comprising X% of total imports. The Netherlands, Austria, Belgium and Norway lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

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

From 2012 to 2022, the average annual rate of growth in terms of value from Denmark stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average pesticide import price amounted to $X per ton, increasing by X% against the previous year. In general, the import price, however, continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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