Sweden: Sweet Potato Market 2025

Sweet Potato Market Size in Sweden

In 2021, the Swedish sweet potato market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption recorded a strong increase. Sweet potato consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Sweet Potato Exports

Exports from Sweden

In 2021, shipments abroad of sweet potatoes decreased by -30.8% to X tons for the first time since 2016, thus ending a four-year rising trend. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 1,284% against the previous year. The exports peaked at X tons in 2020, and then reduced markedly in the following year.

In value terms, sweet potato exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2018 when exports increased by 2,958% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Finland (X tons) was the main destination for sweet potato exports from Sweden, accounting for a 75% share of total exports. Moreover, sweet potato exports to Finland exceeded the volume sent to the second major destination, Norway (X tons), sixfold. Denmark (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Finland totaled +120.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+18.6% per year) and Denmark (+21.3% per year).

In value terms, Finland ($X) emerged as the key foreign market for sweet potatoes exports from Sweden, comprising 82% of total exports. The second position in the ranking was taken by Norway ($X), with an 11% share of total exports. It was followed by Denmark, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value to Finland totaled +170.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+40.0% per year) and Denmark (+36.4% per year).

Export Prices by Country

In 2021, the average sweet potato export price amounted to $X per ton, with an increase of 246% against the previous year. Over the period under review, the export price saw resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to the Netherlands ($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 (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.

Sweet Potato Imports

Imports into Sweden

In 2021, purchases abroad of sweet potatoes was finally on the rise to reach X tons after two years of decline. Overall, imports saw a buoyant increase. The growth pace was the most rapid in 2017 when imports increased by 59%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, sweet potato imports expanded markedly to $X in 2021. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 55% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest sweet potato supplier to Sweden, with a 66% share of total imports. Moreover, sweet potato imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Denmark (X tons), sevenfold. Spain (X tons) ranked third in terms of total imports with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands stood at +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+40.6% per year) and Spain (+120.5% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of sweet potatoes to Sweden, comprising 66% of total imports. The second position in the ranking was held by Denmark ($X), with a 12% share of total imports. It was followed by Spain, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands totaled +19.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+55.3% per year) and Spain (+123.0% per year).

Import Prices by Country

The average sweet potato import price stood at $X per ton in 2021, increasing by 7% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sweet potato import price decreased by -11.5% against 2019 indices. The pace of growth was the most pronounced in 2014 an increase of 41% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cyprus (+35.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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