Report Update May 1, 2024

Scandinavia - Herring, Salted or in Brine - Market Analysis, Forecast, Size, Trends and Insights

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Scandinavia: Market for Herring, Salted Or In Brine 2024

Market Size for Herring, Salted Or In Brine in Scandinavia

The Scandinavia market for herring, salted or in brine expanded notably to $X in 2022, picking up by 6.5% against the previous year. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -7.1% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Herring, Salted Or In Brine in Scandinavia

In value terms, herring, salted or in brine production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production recorded a resilient increase. The growth pace was the most rapid in 2013 when the production volume increased by 114% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Herring, Salted Or In Brine

Exports in Scandinavia

After three years of growth, overseas shipments of herring, salted or in brine decreased by -19.7% to X tons in 2022. In general, exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 235% against the previous year. The volume of export peaked at X tons in 2021, and then contracted remarkably in the following year.

In value terms, herring, salted or in brine exports reached $X in 2022. Over the period under review, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 288%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Norway prevails in exports structure, amounting to X tons, which was approx. 98% of total exports in 2022. Sweden (X tons) followed a long way behind the leaders.

Norway was also the fastest-growing in terms of the herring, salted or in brine exports, with a CAGR of +10.8% from 2012 to 2022. Sweden (-3.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Norway increased by +6.6 percentage points.

In value terms, Norway ($X) remains the largest herring, salted or in brine supplier in Scandinavia, comprising 97% of total exports. The second position in the ranking was held by Sweden ($X), with a 3% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Norway stood at +8.8%.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, surging by 26% against the previous year. In general, the export price, however, saw a mild reduction. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Norway stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+1.1%).

Imports of Herring, Salted Or In Brine

Imports in Scandinavia

Herring, salted or in brine imports declined to X tons in 2022, waning by -10.3% compared with 2021. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 53% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, herring, salted or in brine imports reached $X in 2022. Over the period under review, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 52% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Finland (X tons) and Sweden (X tons) was the major importer of herring, salted or in brine in Scandinavia, mixing up 99% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Sweden (with a CAGR of -10.8%).

In value terms, Finland ($X) and Sweden ($X) appeared to be the countries with the highest levels of imports in 2022.

Among the main importing countries, Sweden, with a CAGR of -14.0%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, picking up by 20% against the previous year. Overall, the import price, however, saw a perceptible setback. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per ton), while Sweden stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (-1.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for herring, salted or in brine in Scandinavia?

Sweden constituted the country with the largest volume of herring, salted or in brine consumption, accounting for 76% of total volume. Moreover, herring, salted or in brine consumption in Sweden exceeded the figures recorded by the second-largest consumer, Norway, fourfold.

What are the largest producers of herring, salted or in brine in Scandinavia?

The countries with the highest volumes of production in 2022 were Sweden, Norway and Finland.

What are the leading suppliers of herring, salted or in brine in Scandinavia?

In value terms, Norway remains the largest herring, salted or in brine supplier in Scandinavia, comprising 97% of total exports. The second position in the ranking was taken by Sweden, with a 3% share of total exports.

What are the leading importers of herring, salted or in brine in Scandinavia?

In value terms, Finland and Sweden appeared to be the countries with the highest levels of imports in 2022.

What is the average export price for herring, salted or in brine in Scandinavia?

In 2022, the export price in Scandinavia amounted to $1,783 per ton, surging by 26% against the previous year.

What is the average import price for herring, salted or in brine in Scandinavia?

The import price in Scandinavia stood at $2,510 per ton in 2022, jumping by 20% against the previous year.

This report provides an in-depth analysis of the market for herring, salted or in brine in Scandinavia. 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:

Country coverage:

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Scandinavia, split by region and country
Trade (exports and imports) in Scandinavia
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.

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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Finland
- Norway
- Sweden
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023