Sweden - Flours, Meals And Pellets Of Meat Or Meat Offal - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Sweden - Flours, Meals And Pellets Of Meat Or Meat Offal - Market Analysis, Forecast, Size, Trends And Insights

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Price for Meat Meals and Pellets in Sweden - 2023

Contents:

  1. Price for Meat Meals and Pellets in Sweden (CIF) - 2023
  2. Price for Meat Meals and Pellets in Sweden (FOB) - 2023
  3. Imports of Meat Meals and Pellets in Sweden
  4. Exports of Meat Meals and Pellets in Sweden

Price for Meat Meals and Pellets in Sweden (CIF) - 2023

The average meat meals and pellets import price stood at $398 per ton in July 2023, reducing by -8.4% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 21% month-to-month. Over the period under review, average import prices attained the peak figure at $571 per ton in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($1,585 per ton), while the price for Norway stood at $358 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Meat Meals and Pellets in Sweden (FOB) - 2023

The average meat meals and pellets export price stood at $145 per ton in July 2023, dropping by -34.3% against the previous month. Overall, the export price recorded a perceptible decrease. The most prominent rate of growth was recorded in May 2023 an increase of 252% against the previous month. Over the period under review, the average export prices reached the peak figure at $249 per ton in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Belgium ($219 per ton), while the average price for exports to Malaysia ($117 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Meat Meals and Pellets in Sweden

In 2022, after three years of growth, there was significant decline in purchases abroad of flours, meals and pellets of meat or meat offal, when their volume decreased by -18% to 18K tons. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year.

In value terms, meat meals and pellets imports totaled $9.8M in 2022. The total import value increased at an average annual rate of +11.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 22%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Meat Meals and Pellets in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway3.33.64.65.216.4%
Finland1.11.12.92.429.7%
Netherlands1.01.40.81.00.0%
Denmark0.40.40.70.720.5%
Germany1.11.10.30.5-23.1%
Others0.10.10.1N/A0.0%
Total7.17.79.49.811.3%

Top Suppliers of Meat Meals and Pellets to Sweden in 2022:

  1. Norway (13.3K tons)
  2. Finland (3.1K tons)
  3. Netherlands (0.8K tons)
  4. Denmark (0.6K tons)
  5. Germany (0.4K tons)

Exports of Meat Meals and Pellets in Sweden

For the fourth year in a row, Sweden recorded growth in overseas shipments of flours, meals and pellets of meat or meat offal, which increased by 37% to 22K tons in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, meat meals and pellets exports surged to $4.2M in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Meat Meals and Pellets in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark1,1861,5591,9752,64730.7%
Malaysia4184104064996.1%
Belgium93.815723639060.8%
VietnamN/A64.3N/A20277.2%
Lithuania10911668.519120.6%
LatviaN/AN/A84.7191125.5%
Indonesia31.48.2108N/A85.5%
Others11413982.796.8-5.3%
Total1,9522,4532,9614,21629.3%

Top Export Markets for Meat Meals and Pellets from Sweden in 2022:

  1. Denmark (12.6K tons)
  2. Malaysia (2.5K tons)
  3. Belgium (2.5K tons)
  4. Lithuania (1.5K tons)
  5. Latvia (1.4K tons)
  6. Vietnam (1.0K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for meat meals and pellets 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 10131600 - Flours, meals and pellets of meat or meat offal unfit for human consumption, greaves

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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