Sweden: Market for Sheep And Goat Meat 2022

Market Size for Sheep And Goat Meat in Sweden

The Swedish sheep and goat meat market surged to $X in 2021, growing by X% against the previous year. Overall, consumption posted resilient growth. Sheep and goat meat consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Sheep And Goat Meat in Sweden

In value terms, sheep and goat meat production surged to $X in 2021 estimated in export price. Over the period under review, production enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Sheep And Goat Meat

Exports from Sweden

In 2021, overseas shipments of sheep and goat meat decreased by X% to X kg, falling for the fourth year in a row after six years of growth. In general, exports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, sheep and goat meat exports totaled $X in 2021. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Norway (X kg) was the main destination for sheep and goat meat exports from Sweden, with a X% share of total exports. Moreover, sheep and goat meat exports to Norway exceeded the volume sent to the second major destination, the UK (X kg), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Norway was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK was relatively modest.

Export Prices by Country

In 2021, the average sheep and goat meat export price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price saw a significant expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to Norway stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (X%).

Imports of Sheep And Goat Meat

Imports into Sweden

In 2021, the amount of sheep and goat meat imported into Sweden surged to X tons, with an increase of X% on 2020. Over the period under review, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, sheep and goat meat imports surged to $X in 2021. Overall, imports saw strong growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

The Netherlands (X tons) and Spain (X tons) were the main suppliers of sheep and goat meat imports to Sweden.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +X value terms, the Netherlands ($X) constituted the largest supplier of sheep and goat meat to Sweden, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the Netherlands amounted to +X%.

Import Prices by Country

In 2021, the average sheep and goat meat import price amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, recorded a pronounced decrease. The pace of growth was the most pronounced in 2015 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for Spain stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%).

Source: IndexBox Platform