Non-Liquid Margarine Price in Sweden - 2023
Contents:
- Non-Liquid Margarine Price in Sweden (FOB) - 2023
- Non-Liquid Margarine Price in Sweden (CIF) - 2023
- Non-Liquid Margarine Exports in Sweden
- Non-Liquid Margarine Imports in Sweden
Non-Liquid Margarine Price in Sweden (FOB) - 2023
In June 2023, the average non-liquid margarine export price amounted to $3,420 per ton, approximately reflecting the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in January 2023 an increase of 21% against the previous month. As a result, the export price attained the peak level of $3,455 per ton. From February 2023 to June 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was the Netherlands ($5,358 per ton), while the average price for exports to Greece ($2,594 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Liquid Margarine Price in Sweden (CIF) - 2023
In June 2023, the average non-liquid margarine import price amounted to $1,757 per ton, dropping by -15.3% against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 6.4% against the previous month. Over the period under review, average import prices reached the maximum at $2,177 per ton in January 2023; however, from February 2023 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Finland ($3,016 per ton), while the price for Germany ($726 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 Finland (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Liquid Margarine Exports in Sweden
In 2022, exports of non-liquid margarine from Sweden declined significantly to 12K tons, with a decrease of -33.5% against the previous year's figure. Over the period under review, exports faced a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. As a result, the exports attained the peak of 18K tons, and then declined rapidly in the following year.
In value terms, non-liquid margarine exports contracted notably to $35M in 2022. In general, exports recorded a noticeable downturn. The pace of growth appeared the most rapid in 2021 with an increase of 60%. As a result, the exports attained the peak of $45M, and then declined sharply in the following year.
| Export of Non-Liquid Margarine in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 25.4 | 12.8 | 23.8 | 21.8 | -5.0% |
| Denmark | 5.2 | 6.5 | 12.6 | 5.1 | -0.6% |
| Netherlands | 1.1 | 6.4 | 5.5 | 4.9 | 64.5% |
| Germany | 0.6 | 0.2 | 1.3 | 1.8 | 44.2% |
| Hungary | 1.2 | 0.7 | 0.5 | 0.1 | -56.3% |
| Belgium | 1.4 | N/A | N/A | N/A | 0% |
| Others | 3.5 | 1.3 | 0.9 | 1.1 | -32.0% |
| Total | 38.3 | 27.9 | 44.6 | 34.9 | -3.1% |
Top Export Markets for Non-Liquid Margarine from Sweden in 2022:
- Finland (6.9K tons)
- Netherlands (2.1K tons)
- Denmark (2.0K tons)
- Germany (0.5K tons)
- Hungary (0.1K tons)
Non-Liquid Margarine Imports in Sweden
In 2022, non-liquid margarine imports into Sweden skyrocketed to 18K tons, jumping by 37% against 2021 figures. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-liquid margarine imports soared to $35M in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Non-Liquid Margarine in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 12.2 | 11.4 | 14.1 | 25.5 | 27.9% |
| Finland | 1.8 | 3.5 | 4.1 | 5.5 | 45.1% |
| Poland | 0.5 | 0.2 | 0.7 | 2.2 | 63.9% |
| Netherlands | 2.7 | 1.7 | 2.0 | 0.6 | -39.4% |
| Germany | 1.1 | 1.6 | 1.5 | 0.2 | -43.3% |
| Others | 1.0 | 1.5 | 0.2 | 1.0 | 0.0% |
| Total | 19.3 | 19.8 | 22.7 | 35.0 | 21.9% |
Top Suppliers of Non-Liquid Margarine to Sweden in 2022:
- Denmark (14.2K tons)
- Finland (2.3K tons)
- Poland (1.1K tons)
- Netherlands (0.3K tons)
- Germany (0.1K tons)
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