Price for Homogenised Composite Food Preparations in Sweden - 2023
Contents:
- Price for Homogenised Composite Food Preparations in Sweden (CIF) - 2023
- Price for Homogenised Composite Food Preparations in Sweden (FOB) - 2023
- Imports of Homogenised Composite Food Preparations in Sweden
- Exports of Homogenised Composite Food Preparations in Sweden
Price for Homogenised Composite Food Preparations in Sweden (CIF) - 2023
The average homogenised composite food preparations import price stood at $3,291 per ton in April 2023, picking up by 30% against the previous month. Over the period from April 2022 to April 2023, it increased at an average monthly rate of +3.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4,938 per ton), while the price for Denmark ($713 per ton) was amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Homogenised Composite Food Preparations in Sweden (FOB) - 2023
The average homogenised composite food preparations export price stood at $5,294 per ton in April 2023, picking up by 1.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 30% month-to-month. As a result, the export price attained the peak level of $5,531 per ton. From January 2023 to April 2023, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In April 2023, the countries with the highest prices were Finland ($5,605 per ton) and Norway ($5,474 per ton), while the average price for exports to Denmark ($4,890 per ton) and Germany ($5,117 per ton) were amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Homogenised Composite Food Preparations in Sweden
In 2022, approx. 6.6K tons of homogenised composite food preparationses were imported into Sweden; rising by 16% compared with the previous year. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.4% 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 +74.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 53% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, homogenised composite food preparations imports surged to $16M in 2022. The total import value increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Homogenised Composite Food Preparations in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 6.2 | 6.1 | 6.6 | 8.3 | 10.2% |
| Netherlands | 0.3 | 0.1 | 0.4 | 2.2 | 94.3% |
| Denmark | 1.4 | 1.7 | 1.7 | 1.9 | 10.7% |
| Finland | 1.3 | 1.4 | 1.3 | 1.2 | -2.6% |
| Belgium | 0.1 | 1.1 | 0.9 | 0.8 | 100.0% |
| Germany | 1.2 | 1.0 | 0.8 | 0.7 | -16.4% |
| Latvia | 0.5 | 0.5 | 0.3 | 0.4 | -7.2% |
| Poland | 2.1 | 1.2 | 0.7 | 0.2 | -54.3% |
| Others | 0.6 | 1.1 | 0.9 | 0.2 | -30.7% |
| Total | 13.6 | 14.1 | 13.4 | 15.7 | 4.9% |
Top Suppliers of Homogenised Composite Food Preparations to Sweden in 2022:
- Denmark (2531.1 tons)
- Spain (2471.8 tons)
- Netherlands (682.3 tons)
- Finland (295.2 tons)
- Belgium (197.9 tons)
- Germany (193.2 tons)
- Latvia (103.2 tons)
- Poland (63.6 tons)
Exports of Homogenised Composite Food Preparations in Sweden
Homogenised composite food preparations exports from Sweden amounted to 1.2K tons in 2022, growing by 2.1% against the previous year's figure. Overall, exports, however, continue to indicate a abrupt contraction.
In value terms, homogenised composite food preparations exports expanded significantly to $5.1M in 2022. Over the period under review, exports, however, saw a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 6.6% against the previous year. As a result, the exports attained the peak of $8M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Homogenised Composite Food Preparations in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 1,330 | 1,527 | 2,425 | 2,338 | 20.7% |
| Denmark | 1,143 | 1,648 | 1,084 | 1,276 | 3.7% |
| Finland | 2,132 | 1,550 | 985 | 898 | -25.0% |
| Germany | 846 | 1,530 | 187 | 340 | -26.2% |
| Lithuania | 24.4 | 34.7 | 78.2 | 79.0 | 47.9% |
| Spain | 871 | 992 | 0.6 | 1.4 | -88.3% |
| United Kingdom | 462 | 152 | 0.6 | 0.3 | -91.3% |
| Others | 699 | 568 | 97.1 | 216 | -32.4% |
| Total | 7,507 | 8,003 | 4,858 | 5,148 | -11.8% |
Top Export Markets for Homogenised Composite Food Preparations from Sweden in 2022:
- Norway (586.5 tons)
- Denmark (283.0 tons)
- Finland (213.7 tons)
- Germany (77.0 tons)
- Lithuania (18.2 tons)
- Spain (0.3 tons)
- United Kingdom (0.1 tons)
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