Sweden - Malt (Not Roasted) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Sweden - Malt (Not Roasted) - Market Analysis, Forecast, Size, Trends And Insights

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Malt Price in Sweden - 2023

Contents:

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

Malt Price in Sweden (FOB) - 2023

The average malt export price stood at $685 per ton in June 2023, dropping by -14.5% against the previous month. In general, export price indicated a mild expansion from June 2022 to June 2023: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, malt export price decreased by -14.5% against May 2023 indices. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 23% m-o-m. The export price peaked at $802 per ton in May 2023, and then declined in the following month.

Average prices varied noticeably for the major overseas markets. In June 2023, the countries with the highest prices were Norway ($706 per ton) and the UK ($698 per ton), while the average price for exports to Iceland ($625 per ton) and Brazil ($679 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Malt Price in Sweden (CIF) - 2023

In June 2023, the average malt import price amounted to $766 per ton, which is down by -4.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in January 2023 an increase of 31% against the previous month. The import price peaked at $812 per ton in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the UK ($1,223 per ton), while the price for Poland ($583 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Denmark (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Malt Exports in Sweden

In 2022, approx. 137K tons of malt (not roasted) were exported from Sweden; leveling off at 2021 figures. The total export volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 8.7% against the previous year. As a result, the exports attained the peak of 138K tons, leveling off in the following year.

In value terms, malt exports soared to $83M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.6% 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 +47.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Malt in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil4.27.915.429.892.2%
United Kingdom15.015.615.917.55.3%
MexicoN/AN/AN/A12.20%
Norway8.37.54.77.8-2.0%
Costa Rica1.43.14.84.143.1%
Uganda2.22.22.43.820.0%
Iceland1.00.90.91.411.9%
AngolaN/AN/A5.5N/A0%
Guatemala4.8N/A1.6N/A-42.3%
Turkey4.1N/AN/AN/A0%
El Salvador5.64.00.4N/A-73.3%
Honduras7.15.70.8N/A-66.4%
Ghana2.72.03.2N/A8.9%
Others5.07.79.76.69.7%
Total61.456.665.283.210.7%

Top Export Markets for Malt from Sweden in 2022:

  1. Brazil (55.3K tons)
  2. United Kingdom (24.9K tons)
  3. Mexico (20.0K tons)
  4. Norway (13.7K tons)
  5. Uganda (7.8K tons)
  6. Costa Rica (6.0K tons)
  7. Iceland (2.3K tons)

Malt Imports in Sweden

In 2022, overseas purchases of malt (not roasted) decreased by -12.4% to 25K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a perceptible setback. The most prominent rate of growth was recorded in 2020 when imports increased by 3.3% against the previous year. As a result, imports reached the peak of 30K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, malt imports expanded significantly to $16M in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Malt in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark10.610.29.810.80.6%
United Kingdom0.60.71.51.844.2%
Finland1.62.31.31.5-2.1%
Germany1.41.61.21.40.0%
Others0.10.40.20.571.0%
Total14.215.114.015.93.8%

Top Suppliers of Malt to Sweden in 2022:

  1. Denmark (19.9K tons)
  2. United Kingdom (1.7K tons)
  3. Finland (1.5K tons)
  4. Germany (1.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the malt 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:

  • Prodcom 11061030 - Malt, not roasted (excluding alcohol duty)

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. TOP EXPORTING COUNTRIES
    4. 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 VOLUME AND VALUE
  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. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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