Sweden: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024

Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in Sweden

In 2022, the Swedish wine of fresh grapes market decreased by -6.7% to $X for the first time since 2017, thus ending a four-year rising trend. In general, consumption, however, continues to indicate a relatively flat trend pattern. Wine of fresh grapes consumption peaked at $X in 2021, and then reduced in the following year.

Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports from Sweden

In 2022, wine of fresh grapes exports from Sweden declined to X litres, shrinking by -2.6% against the previous year's figure. The total export volume increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when exports increased by 28% against the previous year. The exports peaked at X litres in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, wine of fresh grapes exports fell modestly to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 19% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Finland (X litres) was the main destination for wine of fresh grapes exports from Sweden, with a 37% share of total exports. Moreover, wine of fresh grapes exports to Finland exceeded the volume sent to the second major destination, Norway (X litres), twofold. Denmark (X litres) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Finland totaled +11.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-1.6% per year) and Denmark (+2.7% per year).

In value terms, the largest markets for wine of fresh grapes exported from Sweden were Finland ($X), Norway ($X) and Denmark ($X), together accounting for 57% of total exports. Germany, Estonia, the UK, Japan and Italy lagged somewhat behind, together comprising a further 29%.

The UK, with a CAGR of +68.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wine of fresh grapes export price amounted to $X per litre, therefore, remained relatively stable against the previous year. In general, the export price showed a pronounced descent. The most prominent rate of growth was recorded in 2013 when the average export price increased by 35% against the previous year. As a result, the export price attained the peak level of $X per litre. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per litre), while the average price for exports to Finland ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports into Sweden

In 2022, supplies from abroad of wine of fresh grapes (except sparkling wine) decreased by -1.5% to X litres, falling for the second consecutive year after three years of growth. The total import volume increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 31% against the previous year. As a result, imports reached the peak of X litres. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, wine of fresh grapes imports dropped to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 11%. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

France (X litres), Italy (X litres) and South Africa (X litres) were the main suppliers of wine of fresh grapes imports to Sweden, together accounting for 52% of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +17.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Italy ($X) and the United States ($X) appeared to be the largest wine of fresh grapes suppliers to Sweden, with a combined 56% share of total imports.

France, with a CAGR of +6.4%, saw the highest rates of growth with regard to 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

In 2022, the average wine of fresh grapes import price amounted to $X per litre, dropping by -6% against the previous year. Over the period under review, the import price continues to indicate a perceptible downturn. The growth pace was the most rapid in 2021 an increase of 16%. The import price peaked at $X per litre in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 the United States ($X per litre), while the price for South Africa ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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