Sweden - Quinoa - Market Analysis, Forecast, Size, Trends and Insights
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View PricingQuinoa Price in Sweden - 2023
Contents:
- Quinoa Price in Sweden (CIF) - 2022
- Quinoa Price in Sweden (FOB) - 2023
- Quinoa Imports in Sweden
- Quinoa Exports in Sweden
Quinoa Price in Sweden (CIF) - 2022
In 2022, the average quinoa import price amounted to $2,638 per ton, falling by -12.7% against the previous year. Overall, the import price saw a pronounced downturn. The growth pace was the most rapid in 2014 an increase of 50%. As a result, import price attained the peak level of $6,713 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bolivia ($36,500 per ton), while the price for Peru ($2,172 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bolivia (+26.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Quinoa Price in Sweden (FOB) - 2023
The average quinoa export price stood at $2,873 per ton in October 2023, reducing by -20.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 33% against the previous month. Over the period under review, the average export prices hit record highs at $3,746 per ton in June 2023; however, from July 2023 to October 2023, the export prices stood at a somewhat 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 France amounted to +4.2% per month.
Quinoa Imports in Sweden
In 2022, purchases abroad of quinoa was finally on the rise to reach 683 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a noticeable shrinkage.
In value terms, quinoa imports rose markedly to $1.8M in 2022. In general, imports, however, saw a abrupt contraction.
| Import of Quinoa in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 1,041 | 743 | 468 | 712 | -11.9% |
| Netherlands | 293 | 84.3 | 280 | 461 | 16.3% |
| Germany | 463 | 317 | 227 | 262 | -17.3% |
| Belgium | 1.0 | 129 | 134 | 110 | 379.1% |
| Lithuania | N/A | 49.9 | 57.4 | 97.1 | 39.5% |
| Italy | 502 | 528 | 397 | 69.6 | -48.2% |
| Denmark | 148 | 104 | 89.1 | 64.4 | -24.2% |
| Others | 33.8 | 18.9 | 14.8 | 26.6 | -7.7% |
| Total | 2,481 | 1,974 | 1,668 | 1,802 | -10.1% |
Top Suppliers of Quinoa to Sweden in 2022:
- Peru (327.9 tons)
- Netherlands (160.0 tons)
- Germany (77.8 tons)
- Belgium (39.5 tons)
- Lithuania (35.2 tons)
- Italy (22.0 tons)
- Denmark (12.5 tons)
Quinoa Exports in Sweden
In 2022, quinoa exports from Sweden surged to 258 tons, with an increase of 24% compared with the previous year. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, quinoa exports stood at $844K in 2022. The total export value increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Quinoa in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 298 | 299 | 371 | 289 | -1.0% |
| France | N/A | 18.3 | 130 | 193 | 224.8% |
| Denmark | 111 | 89.0 | 91.3 | 122 | 3.2% |
| Finland | 256 | 208 | 150 | 121 | -22.1% |
| Belgium | N/A | N/A | 0.7 | 111 | 15757.1% |
| Others | 20.2 | 35.6 | 2.2 | 8.1 | -26.3% |
| Total | 685 | 650 | 745 | 844 | 7.2% |
Top Export Markets for Quinoa from Sweden in 2022:
- Norway (99.8 tons)
- France (50.0 tons)
- Finland (42.6 tons)
- Denmark (37.2 tons)
- Belgium (27.1 tons)
This report provides an in-depth analysis of the quinoa 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 92 - Quinoa
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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