Report Update: May 1, 2024

Sweden - Flours, Meals And Pellets Of Fish - Market Analysis, Forecast, Size, Trends And Insights

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Price for Fish Meals and Pellet in Sweden - 2023

Price for Fish Meals and Pellet in Sweden (CIF) - 2023

In July 2023, the average fish meals and pellet import price amounted to $6,895 per ton, falling by -34.7% against the previous month. Overall, the import price saw a perceptible reduction. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 463% against the previous month. As a result, import price attained the peak level of $41,848 per ton. From November 2022 to July 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Iceland.

From July 2022 to July 2023, the rate of growth in terms of prices for Canada amounted to +45.3% per month.

Price for Fish Meals and Pellet in Sweden (FOB) - 2022

The average fish meals and pellet export price stood at $4,326 per ton in 2022, reducing by -47% against the previous year. In general, the export price saw a pronounced setback. The pace of growth was the most pronounced in 2013 when the average export price increased by 57% against the previous year. The export price peaked at $12,794 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($8,101 per ton), while the average price for exports to Greece ($3,498 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 Romania (+28.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Meals and Pellet in Sweden

For the third year in a row, Sweden recorded decline in overseas purchases of flours, meals and pellets of fish, which decreased by -56.9% to 1.1K tons in 2022. Overall, imports faced a significant decrease. The smallest decline of -15.9% was in 2020.

In value terms, fish meals and pellet imports fell sharply to $9.6M in 2022. In general, imports saw a sharp shrinkage. The smallest decline of -14.6% was in 2020.

Import of Fish Meals and Pellet in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Iceland	5.2	3.7	4.5	4.5	-4.7%
Norway	12.1	8.5	4.8	2.6	-40.1%
United States	1.8	2.1	1.5	1.8	0.0%
Canada	2.5	3.1	1.5	0.4	-45.7%
Denmark	3.4	4.0	2.1	N/A	-21.4%
Others	0.1	N/A	0.2	0.3	44.2%
Total	25.1	21.4	14.5	9.6	-27.4%

Top Suppliers of Fish Meals and Pellet to Sweden in 2022:

Iceland (599.7 tons)
Norway (430.6 tons)
United States (27.7 tons)
Canada (18.8 tons)
Denmark (3.5 tons)

Exports of Fish Meals and Pellet in Sweden

In 2022, shipments abroad of flours, meals and pellets of fish decreased by -74.9% to 89 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a dramatic contraction. The pace of growth was the most pronounced in 2020 with an increase of 20% against the previous year.

In value terms, fish meals and pellet exports shrank sharply to $385K in 2022. In general, exports saw a precipitous slump. The smallest decline of -0.1% was in 2021.

Export of Fish Meals and Pellet in Sweden (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	63.4	199	190	227	53.0%
Greece	42.6	64.3	116	110	37.2%
Spain	296	250	410	13.6	-64.2%
France	607	540	521	7.0	-77.4%
Belgium	341	364	105	N/A	-44.5%
Germany	1,036	808	539	N/A	-27.9%
Portugal	63.1	284	282	N/A	111.4%
Italy	458	175	216	N/A	-31.3%
Others	258	205	507	26.7	-53.1%
Total	3,166	2,891	2,887	385	-50.5%

Top Export Markets for Fish Meals and Pellet from Sweden in 2022:

Denmark (54.9 tons)
Greece (31.6 tons)
Spain (1.1 tons)
France (0.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for fish meals and pellet 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 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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