Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Sweden - 2023
Contents:
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Sweden (CIF) - 2023
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Sweden (FOB) - 2023
- Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Sweden
- Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Sweden
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Sweden (CIF) - 2023
In October 2023, the average import price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $990 per ton, with an increase of 31% against the previous month. In general, import price indicated a moderate increase from October 2022 to October 2023: its price increased at an average monthly rate of +3.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for vegetables; potatoes (other than seed), fresh or chilleds increased by +39.7% against August 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 43% m-o-m. The import price peaked at $1,030 per ton in July 2023; however, from August 2023 to October 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to +9.8% per month.
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Sweden (FOB) - 2023
The average export price for vegetables; potatoes (other than seed), fresh or chilleds stood at $193 per ton in October 2023, with a decrease of -63.7% against the previous month. Overall, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in May 2023 when the average export price increased by 40% month-to-month. Over the period under review, the average export prices hit record highs at $956 per ton in December 2022; however, from January 2023 to October 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Norway.
From October 2022 to October 2023, the rate of growth in terms of prices for Finland amounted to +5.9% per month.
Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Sweden
In 2022, purchases abroad of vegetables; potatoes (other than seed), fresh or chilleds was finally on the rise to reach 49K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a mild contraction.
In value terms, imports of vegetables; potatoes (other than seed), fresh or chilleds skyrocketed to $27M in 2022. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 8.6 | 6.7 | 5.8 | 8.5 | -0.4% |
| Germany | 4.2 | 4.2 | 4.4 | 6.6 | 16.3% |
| Netherlands | 3.5 | 3.0 | 2.7 | 3.2 | -2.9% |
| United Kingdom | 1.8 | 0.7 | 0.9 | 1.5 | -5.9% |
| Finland | 3.7 | 2.6 | 1.7 | 1.4 | -27.7% |
| France | 1.5 | 1.0 | 1.1 | 1.1 | -9.8% |
| Egypt | 1.9 | N/A | N/A | N/A | 0% |
| Others | 1.5 | 1.5 | 5.1 | 5.1 | 50.4% |
| Total | 26.7 | 19.7 | 21.6 | 27.4 | 0.9% |
Top Suppliers of Vegetables; Potatoes (Other than Seed), Fresh or Chilled to Sweden in 2022:
- Denmark (24.6K tons)
- Germany (12.3K tons)
- Finland (3.0K tons)
- United Kingdom (2.5K tons)
- Netherlands (2.2K tons)
- France (1.5K tons)
Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Sweden
In 2022, shipments abroad of vegetables; potatoes (other than seed), fresh or chilleds decreased by -4.8% to 8.6K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 28%. As a result, the exports attained the peak of 10K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds shrank to $6.6M in 2022. The total export value increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 18%. As a result, the exports reached the peak of $6.9M, and then fell in the following year.
| Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 1.5 | 1.4 | 2.6 | 2.7 | 21.6% |
| Finland | 2.4 | 2.2 | 2.0 | 1.8 | -9.1% |
| Latvia | 0.6 | 0.9 | 1.3 | 1.4 | 32.6% |
| Norway | 0.6 | 1.3 | 0.9 | 0.3 | -20.6% |
| Germany | 0.1 | 0.1 | N/A | 0.2 | 26.0% |
| Lithuania | 0.1 | N/A | N/A | N/A | 0% |
| Others | 0.7 | 0.1 | 0.1 | 0.1 | -47.7% |
| Total | 6.0 | 5.9 | 6.9 | 6.6 | 3.2% |
Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from Sweden in 2022:
- Denmark (3.0K tons)
- Finland (2.3K tons)
- Latvia (1.4K tons)
- Norway (1.4K tons)
- Germany (0.3K tons)
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