
Sweden - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights
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Sunflower Seed Market Size in Sweden
For the fourth year in a row, the Swedish sunflower seed market recorded growth in sales value, which increased by 34% to $X in 2022. Over the period under review, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.1% 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 +66.5% against 2018 indices. Sunflower seed consumption peaked in 2022 and is likely to see steady growth in the near future.
Sunflower Seed Exports
Exports from Sweden
In 2022, after six years of growth, there was significant decline in shipments abroad of sunflower seed, when their volume decreased by -32% to X tons. Overall, exports, however, posted notable growth. The pace of growth was the most pronounced in 2018 when exports increased by 68%. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank notably in the following year.
In value terms, sunflower seed exports contracted to $X in 2022. Over the period under review, exports, however, recorded a remarkable increase. The growth pace was the most rapid in 2020 with an increase of 52% against the previous year. The exports peaked at $X in 2021, and then declined in the following year.
Exports by Country
Norway (X tons) was the main destination for sunflower seed exports from Sweden, accounting for a 85% share of total exports. Moreover, sunflower seed exports to Norway exceeded the volume sent to the second major destination, Finland (X tons), tenfold. Denmark (X tons) ranked third in terms of total exports with a 3.3% share.
From 2012 to 2022, the average annual growth rate of volume to Norway totaled +5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-3.3% per year) and Denmark (-14.6% per year).
In value terms, Norway ($X) remains the key foreign market for sunflower seed exports from Sweden, comprising 85% of total exports. The second position in the ranking was taken by Finland ($X), with an 8% share of total exports. It was followed by Denmark, with a 4.9% share.
From 2012 to 2022, the average annual rate of growth in terms of value to Norway stood at +10.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-6.4% per year) and Denmark (-5.7% per year).
Export Prices by Country
The average sunflower seed export price stood at $X per ton in 2022, rising by 39% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Poland ($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 Denmark (+10.3%), while the prices for the other major destinations experienced mixed trend patterns.
Sunflower Seed Imports
Imports into Sweden
In 2022, approx. X tons of sunflower seed were imported into Sweden; with an increase of 27% against 2021. Overall, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.3% against 2018 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 57%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, sunflower seed imports soared to $X in 2022. In general, total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.0% against 2017 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 33% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Imports by Country
Denmark (X tons), Bulgaria (X tons) and Austria (X tons) were the main suppliers of sunflower seed imports to Sweden, with a combined 76% share of total imports. Italy, Germany, China and Estonia lagged somewhat behind, together accounting for a further 17%.
From 2012 to 2022, the biggest increases were recorded for Estonia (with a CAGR of +84.9%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest sunflower seed suppliers to Sweden were Bulgaria ($X), Denmark ($X) and Austria ($X), together comprising 67% of total imports. Germany, China, Italy and Estonia lagged somewhat behind, together comprising a further 22%.
Estonia, with a CAGR of +123.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average sunflower seed import price stood at $X per ton in 2022, falling by -2.5% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 20% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+80.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the sunflower seed market in Sweden. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 267 - Sunflower seed
Country coverage:
- Sweden
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sweden
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Area Harvested, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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