Price for Insects; Live, Other than Bees in Sweden - 2023

Contents:

  1. Price for Insects; Live, Other than Bees in Sweden (CIF) - 2022
  2. Price for Insects; Live, Other than Bees in Sweden (FOB) - 2022
  3. Imports of Insects; Live, Other than Bees in Sweden
  4. Exports of Insects; Live, Other than Bees in Sweden

Price for Insects; Live, Other than Bees in Sweden (CIF) - 2022

In 2022, the average import price for insects; live, other than beeses amounted to less than $0.1 per thousand units, picking up by 7.1% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 64% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($0.1 per thousand units), while the price for Belgium (less than $0.1 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+32.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Insects; Live, Other than Bees in Sweden (FOB) - 2022

The average export price for insects; live, other than beeses stood at less than $0.1 per thousand units in 2022, shrinking by -18.3% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by 29% against the previous year. The export price peaked at less than $0.1 per thousand units 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 Finland (less than $0.1 per thousand units), while the average price for exports to Norway stood at less than $0.1 per thousand units.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (-0.8%).

Imports of Insects; Live, Other than Bees in Sweden

In 2022, approx. 33B units of insects; live, other than beeses were imported into Sweden; shrinking by -17.4% on the previous year's figure. Over the period under review, imports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 100%. As a result, imports attained the peak of 39B units, and then reduced remarkably in the following year.

In value terms, insects; live, other than bees imports declined to $799K in 2022. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 227% against the previous year. As a result, imports reached the peak of $903K, and then shrank in the following year.

Import of Insects; Live, Other than Bees in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
DenmarkN/A24.7648588387.9%
Belgium18690.3222172-2.6%
Germany7.78.510.816.027.6%
Czech Republic8.68.410.49.22.3%
United Kingdom0.3123N/AN/A40900.0%
Portugal11.98.21.3N/A-66.9%
Others7.112.710.513.925.1%
Total22127690379953.5%

Top Suppliers of Insects; Live, Other than Bees to Sweden in 2022:

  1. Belgium (22.1B units)
  2. Denmark (8.9B units)
  3. Germany (0.8B units)
  4. Czech Republic (0.6B units)

Exports of Insects; Live, Other than Bees in Sweden

In 2022, after three years of growth, there was significant decline in overseas shipments of insects; live, other than beeses, when their volume decreased by -8.6% to 11B units. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.3% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 49%. Over the period under review, the exports attained the maximum at 12B units in 2021, and then reduced in the following year.

In value terms, insects; live, other than bees exports declined markedly to $166K in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 23%. As a result, the exports attained the peak of $222K, and then shrank notably in the following year.

Export of Insects; Live, Other than Bees in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway1391591841625.2%
Finland14.418.434.40.6-65.3%
Others1.43.43.63.333.1%
Total1551802221662.3%

Top Export Markets for Insects; Live, Other than Bees from Sweden in 2022:

  1. Norway (11.0B units)

Source: IndexBox Market Intelligence Platform

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