Sweden: Market for Prepared Or Preserved Shoulders And Cuts Of Swine Meat 2024

Market Size for Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Sweden

After two years of decline, the Swedish preserved swine meat cut market increased by 4.3% to $X in 2021. Overall, the total consumption indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -47.9% against 2014 indices. Preserved swine meat cut consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Sweden

In value terms, preserved swine meat cut production dropped to $X in 2021 estimated in export price. Overall, production, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2014 when the production volume increased by 130%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Exports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Exports from Sweden

In 2021, overseas shipments of prepared or preserved shoulders and cuts of swine meat decreased by -72.5% to X kg, falling for the third year in a row after two years of growth. Overall, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2017 with an increase of 843% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, preserved swine meat cut exports dropped rapidly to $X in 2021. In general, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 668% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Denmark (X kg) was the main destination for preserved swine meat cut exports from Sweden, with a 96% share of total exports. Moreover, preserved swine meat cut exports to Denmark exceeded the volume sent to the second major destination, the Netherlands (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Denmark stood at -7.8%.

In value terms, Denmark ($X) remains the key foreign market for prepared or preserved shoulders and cuts of swine meat exports from Sweden, comprising 96% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 3.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Denmark stood at -4.0%.

Export Prices by Country

In 2021, the average preserved swine meat cut export price amounted to $X per ton, jumping by 15% against the previous year. Over the period under review, export price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, preserved swine meat cut export price increased by +54.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 34% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to the Netherlands stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Imports into Sweden

In 2021, preserved swine meat cut imports into Sweden expanded markedly to X tons, surging by 7% compared with 2020. In general, total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -15.6% against 2019 indices. The pace of growth was the most pronounced in 2013 when imports increased by 40%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, preserved swine meat cut imports expanded remarkably to $X in 2021. Overall, total imports indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -14.2% against 2019 indices. The growth pace was the most rapid in 2013 when imports increased by 64% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest preserved swine meat cut supplier to Sweden, accounting for a 80% share of total imports. Moreover, preserved swine meat cut imports from Belgium exceeded the figures recorded by the second-largest supplier, Denmark (X tons), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium amounted to +3.3%.

In value terms, Belgium ($X) constituted the largest supplier of prepared or preserved shoulders and cuts of swine meat to Sweden, comprising 71% of total imports. The second position in the ranking was taken by Denmark ($X), with a 25% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium stood at +3.0%.

Import Prices by Country

The average preserved swine meat cut import price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Over the period under review, the import price continues to indicate a mild decrease. The pace of growth was the most pronounced in 2013 when the average import price increased by 17% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average 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 Belgium amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-0.3%).

Source: IndexBox Platform

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