Sweden - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Sweden - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights

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Pyrethrum and Peppermint Price in Sweden - 2023

Contents:

  1. Pyrethrum and Peppermint Price in Sweden (CIF) - 2023
  2. Pyrethrum and Peppermint Price in Sweden (FOB) - 2022
  3. Pyrethrum and Peppermint Imports in Sweden
  4. Pyrethrum and Peppermint Exports in Sweden

Pyrethrum and Peppermint Price in Sweden (CIF) - 2023

The average pyrethrum and peppermint import price stood at $8,100 per ton in August 2023, with a decrease of -4% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 59% against the previous month. The import price peaked at $14,202 per ton in May 2023; however, from June 2023 to August 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Denmark ($22,385 per ton), while the price for France ($4,184 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Pyrethrum and Peppermint Price in Sweden (FOB) - 2022

The average pyrethrum and peppermint export price stood at $34,315 per ton in 2022, falling by -10.1% against the previous year. In general, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pyrethrum and peppermint export price increased by +85.2% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of 42%. The export price peaked at $38,151 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($346,738 per ton), while the average price for exports to Estonia ($7,778 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 Germany (+32.5%), while the prices for the other major destinations experienced more modest paces of growth.

Pyrethrum and Peppermint Imports in Sweden

For the fourth year in a row, Sweden recorded growth in overseas purchases of pyrethrum and peppermint, which increased by 1.1% to 1.7K tons in 2022. The total import volume increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 12%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, pyrethrum and peppermint imports stood at $12M in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 16%. As a result, imports reached the peak of $13M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Pyrethrum and Peppermint in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4391,1781,9733,18193.5%
Austria4802,2481,0741,55147.8%
Germany1,7732,0122,516941-19.0%
Netherlands7495847908725.2%
United States8711,198949827-1.7%
Denmark2,9581,353728704-38.0%
Spain16830641765657.5%
Chile533333482502-2.0%
Turkey516481233402-8.0%
France3185035903957.5%
Norway0.14945393891472.7%
Italy32750.91563673.9%
United Kingdom61443115730.0-63.4%
Others1,8882,3071,7891,602-5.3%
Total11,63413,47812,39412,4192.2%

Top Suppliers of Pyrethrum and Peppermint to Sweden in 2022:

  1. India (650.8 tons)
  2. Spain (166.0 tons)
  3. Chile (137.7 tons)
  4. Germany (133.1 tons)
  5. Netherlands (88.1 tons)
  6. Turkey (76.2 tons)
  7. France (66.3 tons)
  8. Italy (63.1 tons)
  9. Austria (63.0 tons)
  10. Denmark (45.3 tons)
  11. Norway (31.1 tons)
  12. United States (25.2 tons)
  13. United Kingdom (1.7 tons)

Pyrethrum and Peppermint Exports in Sweden

In 2022, the amount of pyrethrum and peppermint exported from Sweden skyrocketed to 183 tons, jumping by 47% against 2021 figures. Over the period under review, exports, however, showed a mild descent.

In value terms, pyrethrum and peppermint exports skyrocketed to $6.3M in 2022. The total export value increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.

Export of Pyrethrum and Peppermint in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2155883241,53392.5%
Germany1,3421,5211,2121,3871.1%
Netherlands8618611,0138780.7%
Spain923891505708-8.5%
Norway4149847155046.8%
Finland4554994354701.1%
Denmark1,054811247380-28.8%
United Kingdom91.980.069.517824.7%
Estonia18710217.523.3-50.1%
Others547467208226-25.5%
Total6,0896,8054,7486,2881.1%

Top Export Markets for Pyrethrum and Peppermint from Sweden in 2022:

  1. France (40.0 tons)
  2. Netherlands (31.9 tons)
  3. Norway (29.1 tons)
  4. Finland (27.2 tons)
  5. Spain (25.7 tons)
  6. Denmark (10.8 tons)
  7. Germany (4.0 tons)
  8. Estonia (3.0 tons)
  9. United Kingdom (3.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pyrethrum and peppermint market 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:

  • FCL 754 - Pyrethrum, dried flowers
  • FCL 748 - Peppermint, Spearmint

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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