Report Update Feb 1, 2025

Sweden - Vanilla - Market Analysis, Forecast, Size, Trends and Insights

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Sweden: Vanilla Market 2025

Vanilla Market Size in Sweden

The Swedish vanilla market reduced to $X in 2022, waning by -12.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw moderate growth. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Vanilla Exports

Exports from Sweden

In 2022, overseas shipments of vanilla increased by 74% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when exports increased by 257% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, vanilla exports reduced markedly to $X in 2022. Overall, exports, however, recorded a pronounced descent. The pace of growth appeared the most rapid in 2018 when exports increased by 282%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Denmark (X kg), Norway (X kg) and Finland (X kg) were the main destinations of vanilla exports from Sweden, with a combined 98% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of -1.7%), while shipments for the other leaders experienced a decline.

In value terms, Norway ($X), Finland ($X) and Denmark ($X) constituted the largest markets for vanilla exported from Sweden worldwide, with a combined 96% share of total exports.

Norway, with a CAGR of +0.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average vanilla export price stood at $X per ton in 2022, dropping by -55.9% against the previous year. Over the period under review, the export price, however, recorded prominent growth. The growth pace was the most rapid in 2014 an increase of 346%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then fell markedly in the following year.

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 Finland ($X per ton), while the average price for exports to Denmark ($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 Norway (+22.1%), while the prices for the other major destinations experienced mixed trend patterns.

Vanilla Imports

Imports into Sweden

In 2022, vanilla imports into Sweden soared to X tons, surging by 32% on the previous year. Overall, imports, however, saw a mild downturn. The growth pace was the most rapid in 2017 with an increase of 53% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, vanilla imports shrank notably to $X in 2022. In general, imports showed a resilient increase. The most prominent rate of growth was recorded in 2017 when imports increased by 82% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), France (X tons) and the Netherlands (X tons) were the main suppliers of vanilla imports to Sweden, with a combined 77% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +29.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Germany ($X) and France ($X) were the largest vanilla suppliers to Sweden, with a combined 65% share of total imports. Denmark, the Netherlands and French Polynesia lagged somewhat behind, together comprising a further 18%.

The Netherlands, with a CAGR of +17.0%, saw the highest growth rate of the value of imports, among 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 vanilla import price stood at $X per ton in 2022, which is down by -51.9% against the previous year. In general, the import price, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2013 an increase of 118%. The import price peaked at $X per ton in 2021, and then reduced dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vanilla in the world?

The country with the largest volume of vanilla consumption was Indonesia, accounting for 31% of total volume. Moreover, vanilla consumption in Indonesia exceeded the figures recorded by the second-largest consumer, the United States, twofold. Mexico ranked third in terms of total consumption with a 6.9% share.

What are the largest producers of vanilla in the world?

The countries with the highest volumes of vanilla production in 2020 were Indonesia, Madagascar and Mexico, with a combined 73% share of global production. Papua New Guinea, China, Turkey and Uganda lagged somewhat behind, together comprising a further 21%.

What are the leading suppliers of vanilla to Sweden?

In value terms, South Africa constituted the largest supplier of vanilla to Sweden, comprising 38% of total imports. The second position in the ranking was occupied by Denmark, with an 18% share of total imports. It was followed by Germany, with a 16% share.

What are the leading importers of vanilla from Sweden?

In value terms, Norway, Finland and Denmark appeared to be the largest markets for vanilla exported from Sweden worldwide, with a combined 95% share of total exports. The UK and France lagged somewhat behind, together comprising a further 0.3%.

What is the average export price for vanilla in Sweden?

In 2020, the average vanilla export price amounted to $201,000 per ton, growing by 229% against the previous year.

What is the average import price for vanilla in Sweden?

The average vanilla import price stood at $98,024 per ton in 2020, rising by 49% against the previous year.

This report provides an in-depth analysis of the vanilla 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 692 - Vanilla

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024