Sweden: Vegetable Puree Market 2024

Vegetable Puree Market Size in Sweden

The Swedish vegetable puree market contracted slightly to $X in 2022, remaining relatively unchanged against the previous year. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Vegetable Puree Production in Sweden

In value terms, vegetable puree production shrank modestly to $X in 2022 estimated in export price. Overall, production showed a noticeable decline. The pace of growth appeared the most rapid in 2013 when the production volume increased by 21% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Vegetable Puree Exports

Exports from Sweden

In 2022, after three years of growth, there was significant decline in shipments abroad of vegetable puree, when their volume decreased by -30% to X tons. Over the period under review, exports saw a noticeable reduction. The most prominent rate of growth was recorded in 2020 with an increase of 59% against the previous year. The exports peaked at X tons in 2021, and then reduced sharply in the following year.

In value terms, vegetable puree exports fell dramatically to $X in 2022. Overall, exports recorded a abrupt descent. The growth pace was the most rapid in 2020 when exports increased by 44% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Norway (X tons) was the main destination for vegetable puree exports from Sweden, accounting for a 52% share of total exports. Moreover, vegetable puree exports to Norway exceeded the volume sent to the second major destination, Germany (X tons), twofold. Denmark (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Norway totaled -2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+10.9% per year) and Denmark (-7.3% per year).

In value terms, Norway ($X) remains the key foreign market for vegetable puree exports from Sweden, comprising 58% of total exports. The second position in the ranking was held by Germany ($X), with an 18% share of total exports. It was followed by Denmark, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Norway amounted to -4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+11.1% per year) and Denmark (-13.7% per year).

Export Prices by Country

The average vegetable puree export price stood at $X per ton in 2022, picking up by 8.6% against the previous year. Overall, the export price, however, recorded a perceptible decrease. The pace of growth was the most pronounced in 2017 when the average export price increased by 21% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 ($X per ton), while the average price for exports to the Netherlands ($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 Finland (+4.2%), while the prices for the other major destinations experienced mixed trend patterns.

Vegetable Puree Imports

Imports into Sweden

In 2022, purchases abroad of vegetable puree decreased by -5.2% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by 68%. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, vegetable puree imports dropped to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 39%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Croatia (X tons) constituted the largest vegetable puree supplier to Sweden, with a 64% share of total imports. Moreover, vegetable puree imports from Croatia exceeded the figures recorded by the second-largest supplier, Spain (X tons), fivefold. Egypt (X tons) ranked third in terms of total imports with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Croatia stood at +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-7.6% per year) and Egypt (+47.9% per year).

In value terms, Croatia ($X) constituted the largest supplier of vegetable puree to Sweden, comprising 57% of total imports. The second position in the ranking was held by Spain ($X), with a 16% share of total imports. It was followed by Egypt, with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Croatia totaled +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-4.7% per year) and Egypt (+66.2% per year).

Import Prices by Country

In 2022, the average vegetable puree import price amounted to $X per ton, falling by -2.4% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 28%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, 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 Germany ($X per ton), while the price for Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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