Sweden - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Sweden - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights

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Paddy Rice Price in Sweden - 2023

Contents:

  1. Paddy Rice Price in Sweden (CIF) - 2023
  2. Paddy Rice Price in Sweden (FOB) - 2022
  3. Paddy Rice Imports in Sweden
  4. Paddy Rice Exports in Sweden

Paddy Rice Price in Sweden (CIF) - 2023

In July 2023, the average paddy rice import price amounted to $1,636 per ton, picking up by 30% against the previous month. Overall, import price indicated a noticeable increase from July 2022 to July 2023: its price increased at an average monthly rate of +4.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, paddy rice import price increased by +30.1% against June 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 49% month-to-month. The import price peaked at $2,110 per ton in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($2,215 per ton), while the price for Italy amounted to $1,576 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.6%).

Paddy Rice Price in Sweden (FOB) - 2022

The average paddy rice export price stood at $1,616 per ton in 2022, dropping by -13.1% against the previous year. In general, the export price showed a abrupt shrinkage. The growth pace was the most rapid in 2019 an increase of 31%. Over the period under review, the average export prices reached the maximum at $2,749 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($2,334 per ton), while the average price for exports to Ghana ($1,209 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 Germany (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Paddy Rice Imports in Sweden

In 2022, purchases abroad of paddy rice decreased by -4.4% to 731 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 76%.

In value terms, paddy rice imports soared to $810K in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 86% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Paddy Rice in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy33949858862422.6%
Netherlands37.010987.716363.9%
Others32.71548.423.4-10.6%
Total40876168481025.7%

Top Suppliers of Paddy Rice to Sweden in 2022:

  1. Italy (633.9 tons)
  2. Netherlands (90.3 tons)

Paddy Rice Exports in Sweden

In 2022, shipments abroad of paddy rice decreased by -6.6% to 10 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 203% against the previous year. As a result, the exports attained the peak of 22 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, paddy rice exports contracted notably to $16K in 2022. In general, exports, however, enjoyed a strong increase. The growth pace was the most rapid in 2020 when exports increased by 286%. As a result, the exports reached the peak of $39K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Paddy Rice in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway1.315.73.65.965.6%
GhanaN/AN/A0.33.0900.0%
DenmarkN/A1.03.90.9-5.1%
GambiaN/AN/AN/A0.50%
Finland3.515.61.20.4-51.5%
Sierra LeoneN/AN/AN/A0.40%
GermanyN/AN/A4.5N/A0%
Iceland1.32.50.5N/A-38.0%
Others4.04.06.25.29.1%
Total10.038.720.216.417.9%

Top Export Markets for Paddy Rice from Sweden in 2022:

  1. Iceland (undefined tons)
  2. Ghana (2.5 tons)
  3. Norway (2.5 tons)
  4. Denmark (0.4 tons)
  5. Gambia (0.3 tons)
  6. Finland (0.2 tons)
  7. Sierra Leone (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the paddy rice 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 27 - Rice, paddy

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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