Sweden: Preserved Cows Meat Market 2024

Preserved Cows Meat Market Size in Sweden

After two years of decline, the Swedish preserved cows meat market increased by 3.6% to $X in 2021. The market value increased at an average annual rate of +3.5% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Preserved cows meat consumption peaked in 2021 and is expected to retain growth in years to come.

Preserved Cows Meat Production in Sweden

In value terms, preserved cows meat production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.2% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the production volume increased by 6.1% against the previous year. Preserved cows meat production peaked in 2021 and is expected to retain growth in years to come.

Preserved Cows Meat Exports

Exports from Sweden

In 2021, overseas shipments of prepared or preserved meat or offal of bovine animals were finally on the rise to reach X tons after three years of decline. Overall, exports, however, recorded a noticeable reduction. The pace of growth appeared the most rapid in 2015 when exports increased by 39%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, preserved cows meat exports skyrocketed to $X in 2021. In general, exports, however, saw a pronounced contraction. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X tons), Belgium (X tons) and Denmark (X tons) were the main destinations of preserved cows meat exports from Sweden, with a combined 52% share of total exports. These countries were followed by Finland, Germany, Hong Kong SAR, Hungary, Poland, Spain, Italy, France, the Philippines and Norway, which together accounted for a further 44%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +22.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for preserved cows meat exported from Sweden were the UK ($X), Denmark ($X) and Belgium ($X), with a combined 53% share of total exports. These countries were followed by Finland, Germany, Hong Kong SAR, Hungary, Spain, Poland, Italy, the Philippines, France and Norway, which together accounted for a further 43%.

In terms of the main countries of destination, France, with a CAGR of +12.9%, saw 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 preserved cows meat export price stood at $X per ton in 2021, falling by -9.7% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 19% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Poland ($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 Germany (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Cows Meat Imports

Imports into Sweden

In 2021, purchases abroad of prepared or preserved meat or offal of bovine animals was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, continue to indicate a slight decrease. The pace of growth was the most pronounced in 2018 when imports increased by 29%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, preserved cows meat imports totaled $X in 2021. In general, imports, however, recorded a slight descent. The most prominent rate of growth was recorded in 2018 when imports increased by 34%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Ireland (X tons) constituted the largest preserved cows meat supplier to Sweden, with a 37% share of total imports. Moreover, preserved cows meat imports from Ireland exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold. The third position in this ranking was held by Germany (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from Ireland amounted to +13.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+22.2% per year) and Germany (-7.8% per year).

In value terms, Ireland ($X) constituted the largest supplier of prepared or preserved meat or offal of bovine animals to Sweden, comprising 36% of total imports. The second position in the ranking was held by Denmark ($X), with a 14% share of total imports. It was followed by Poland, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Ireland amounted to +12.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-9.0% per year) and Poland (+26.1% per year).

Import Prices by Country

In 2021, the average preserved cows meat import price amounted to $X per ton, increasing by 8.4% against the previous year. In general, the import price showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for the Czech Republic ($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 (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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