Sweden: Market for Vegetables (Preserved, Frozen) 2024

Market Size for Vegetables (Preserved, Frozen) in Sweden

In 2022, the Swedish preserved and frozen vegetable market increased by 2.9% to $X, rising for the second year in a row after two years of decline. In general, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.2% 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 +16.0% against 2020 indices. Preserved and frozen vegetable consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Vegetables (Preserved, Frozen) in Sweden

In value terms, preserved and frozen vegetable production soared to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of 65%. Over the period under review, production hit record highs in 2022 and is expected to retain growth in the near future.

Exports of Vegetables (Preserved, Frozen)

Exports from Sweden

In 2022, approx. X tons of vegetables (preserved, frozen) were exported from Sweden; picking up by 25% compared with the previous year's figure. The total export volume increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, preserved and frozen vegetable exports rose rapidly to $X in 2022. In general, total exports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +99.2% against 2015 indices. The pace of growth appeared the most rapid in 2021 with an increase of 24%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Finland (X tons) and Poland (X tons) were the main destinations of preserved and frozen vegetable exports from Sweden, with a combined 46% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +49.5%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Finland ($X) and Denmark ($X) constituted the largest markets for preserved and frozen vegetable exported from Sweden worldwide, with a combined 40% share of total exports. Poland, Norway, Belgium, Canada, the United States, Taiwan (Chinese), the UK, Italy, Spain and France lagged somewhat behind, together accounting for a further 44%.

Among the main countries of destination, Poland, with a CAGR of +44.5%, saw 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 preserved and frozen vegetable export price stood at $X per ton in 2022, declining by -9.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2020 an increase of 16% against the previous year. The export price peaked at $X per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Poland ($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 Canada (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vegetables (Preserved, Frozen)

Imports into Sweden

Preserved and frozen vegetable imports into Sweden rose markedly to X tons in 2022, picking up by 5.6% against the previous year's figure. The total import volume increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 8.9% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, preserved and frozen vegetable imports reached $X in 2022. In general, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.5% 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 +19.5% against 2020 indices. The growth pace was the most rapid in 2017 when imports increased by 18%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of preserved and frozen vegetable imports to Sweden, with a combined 92% 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 Germany (with a CAGR of +14.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved and frozen vegetable suppliers to Sweden were the Netherlands ($X), Belgium ($X) and Germany ($X), together accounting for 90% of total imports.

In terms of the main suppliers, Germany, with a CAGR of +20.3%, 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 more modest paces of growth.

Import Prices by Country

The average preserved and frozen vegetable import price stood at $X per ton in 2022, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 13% against the previous year. The import price peaked at $X per ton in 2018; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Belgium ($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 (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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