Sweden: Shelled Hazelnut Market 2024

Shelled Hazelnut Market Size in Sweden

The Swedish shelled hazelnut market dropped to $X in 2021, shrinking by -10.2% against the previous year. In general, consumption recorded a deep reduction. Shelled hazelnut consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Shelled Hazelnut Production in Sweden

In value terms, shelled hazelnut production declined remarkably to $X in 2021 estimated in export price. In general, production showed a abrupt descent. The growth pace was the most rapid in 2014 with an increase of 89% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Shelled Hazelnut Exports

Exports from Sweden

In 2021, overseas shipments of shelled hazelnuts decreased by -23.8% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports showed a noticeable curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 39% against the previous year. As a result, the exports attained the peak of X tons, and then declined sharply in the following year.

In value terms, shelled hazelnut exports plummeted to $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 56% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Denmark (X tons), Germany (X tons) and Norway (X tons) were the main destinations of shelled hazelnut exports from Sweden, with a combined 93% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +111.8%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for shelled hazelnut exported from Sweden were Denmark ($X), Germany ($X) and Norway ($X), with a combined 94% share of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +105.0%, recorded 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 shelled hazelnut export price stood at $X per ton in 2021, increasing by 3.6% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, shelled hazelnut export price increased by +15.7% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of 30% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Italy ($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 Finland (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Shelled Hazelnut Imports

Imports into Sweden

In 2021, approx. X tons of shelled hazelnuts were imported into Sweden; waning by -10.5% compared with the previous year's figure. Over the period under review, imports saw a abrupt slump. The pace of growth was the most pronounced in 2017 when imports increased by 6.7% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, shelled hazelnut imports shrank to $X in 2021. In general, imports showed a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of 41% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Turkey (X tons), Italy (X tons) and the Netherlands (X tons) were the main suppliers of shelled hazelnut imports to Sweden, together comprising 87% of total imports. These countries were followed by Germany and Estonia, which together accounted for a further 10%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Estonia (with a CAGR of +170.0%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Turkey ($X), Italy ($X) and the Netherlands ($X) appeared to be the largest shelled hazelnut suppliers to Sweden, together comprising 85% of total imports. These countries were followed by Germany and Estonia, which together accounted for a further 11%.

In terms of the main suppliers, Estonia, with a CAGR of +150.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average shelled hazelnut import price stood at $X per ton in 2021, dropping by -4.5% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 39%. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 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 the Netherlands ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform