Sweden - Spinach - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSpinach Price in Sweden - 2023
Contents:
- Spinach Price in Sweden (CIF) - 2023
- Spinach Price in Sweden (FOB) - 2023
- Spinach Imports in Sweden
- Spinach Exports in Sweden
Spinach Price in Sweden (CIF) - 2023
The average spinach import price stood at $3,348 per ton in May 2023, picking up by 7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.2%. The pace of growth was the most pronounced in February 2023 when the average import price increased by 19% month-to-month. Over the period under review, average import prices hit record highs in May 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($4,681 per ton), while the price for Poland ($1,937 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Spain (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Spinach Price in Sweden (FOB) - 2023
The average spinach export price stood at $1,533 per ton in June 2023, dropping by -36.9% against the previous month. In general, the export price saw a perceptible descent. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 106% month-to-month. Over the period under review, the average export prices hit record highs at $7,593 per ton in February 2023; however, from March 2023 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Finland ($3,494 per ton), while the average price for exports to France ($1,214 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Spinach Imports in Sweden
In 2022, approx. 2.2K tons of spinach were imported into Sweden; remaining constant against the year before. Over the period under review, imports continue to indicate a abrupt descent.
In value terms, spinach imports shrank to $5.2M in 2022. In general, imports recorded a deep slump. The growth pace was the most rapid in 2021 when imports increased by 2.8% against the previous year.
| Import of Spinach in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3,086 | 2,596 | 2,679 | 1,968 | -13.9% |
| Spain | 1,282 | 1,254 | 1,231 | 1,531 | 6.1% |
| Denmark | 2,174 | 1,072 | 674 | 716 | -30.9% |
| Netherlands | 321 | 294 | 330 | 470 | 13.6% |
| France | 165 | 374 | 412 | 296 | 21.5% |
| Poland | 174 | 120 | 256 | 183 | 1.7% |
| Germany | 48.1 | 32.1 | 316 | 34.0 | -10.9% |
| Others | 18.7 | 3.1 | 6.7 | 7.2 | -27.3% |
| Total | 7,269 | 5,745 | 5,905 | 5,205 | -10.5% |
Top Suppliers of Spinach to Sweden in 2022:
- Italy (788.0 tons)
- Spain (741.0 tons)
- Denmark (228.0 tons)
- Netherlands (177.0 tons)
- Poland (111.7 tons)
- France (101.0 tons)
- Germany (12.0 tons)
Spinach Exports in Sweden
In 2022, the amount of spinach exported from Sweden soared to 961 tons, picking up by 23% compared with the year before. Over the period under review, exports saw strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 487%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, spinach exports stood at $1.9M in 2022. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 119% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Export of Spinach in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 758 | 793 | 701 | 604 | -7.3% |
| Italy | 487 | N/A | 407 | 592 | 6.7% |
| Norway | 115 | 62.4 | 98.8 | 179 | 15.9% |
| France | 109 | N/A | 18.0 | 148 | 10.7% |
| Spain | 10.6 | N/A | 334 | 107 | 116.1% |
| Ireland | 64.1 | N/A | 56.3 | 68.0 | 2.0% |
| Poland | N/A | N/A | 108 | 63.7 | -41.0% |
| Denmark | 214 | 0.2 | 42.6 | 46.5 | -39.9% |
| Others | 85.8 | 1.7 | 110 | 85.2 | -0.2% |
| Total | 1,844 | 857 | 1,876 | 1,893 | 0.9% |
Top Export Markets for Spinach from Sweden in 2022:
- Italy (374.0 tons)
- Norway (141.0 tons)
- France (124.0 tons)
- Spain (78.0 tons)
- Finland (75.0 tons)
- Ireland (57.0 tons)
- Poland (48.0 tons)
- Denmark (21.0 tons)
This report provides an in-depth analysis of the spinach 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 373 - Spinach
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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Despite the pandemic, the global market for spinach continues to grow thanks to high demand from China. While the Chinese market is supplied domestically, the U.S., the UK and Mexico feature the most rapidly growing imports. Driven by the rising demand for food worldwide, the spinach market is projected to reach 42M tons by 2030. Spinach suppliers to Western countries are facing increasingly stringent requirements of providing produce safe from pesticides and other contaminants. The new potential was discovered to use this plant in the production process for energy-efficient batteries, which may elevate opportunities for investing in the market.
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