Scandinavia: Meat Market 2024

Meat Market Size in Scandinavia

For the third year in a row, the Scandinavia meat market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption, however, saw a slight decrease. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Meat Production in Scandinavia

In value terms, meat production stood at $X in 2022 estimated in export price. Over the period under review, production saw a mild slump. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of X%), while production for the other leaders experienced mixed trends in the production figures.

In 2022, the average meat yield in Scandinavia contracted to X kg per head, almost unchanged from 2021 figures. In general, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the meat yield hit record highs at X kg per head in 2021, and then contracted slightly in the following year.

In 2022, number of animals slaughtered for meat production in Scandinavia amounted to X heads, approximately equating 2021. In general, the number of producing animals, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The level of producing animals peaked at X heads in 2018; however, from 2019 to 2022, producing animals remained at a lower figure.

Meat Exports

Exports in Scandinavia

In 2022, after three years of growth, there was significant decline in overseas shipments of meat, when their volume decreased by X% to X tons. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 when exports increased by X%. The volume of export peaked at X tons in 2021, and then declined in the following year.

In value terms, meat exports declined slightly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted in the following year.

Exports by Country

Finland represented the largest exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Sweden (X tons), making up a X% share of total exports. Norway (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Finland ($X), Sweden ($X) and Norway ($X) constituted the countries with the highest levels of exports in 2022.

Among the main exporting countries, Finland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, saw a slight decline. The pace of growth appeared the most rapid in 2018 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Norway ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced a decline in the export price figures.

Meat Imports

Imports in Scandinavia

In 2022, purchases abroad of meat increased by X% to X tons, rising for the second year in a row after five years of decline. Over the period under review, imports, however, saw a slight descent. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, meat imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a slight decline. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Sweden represented the main importing country with an import of about X tons, which reached X% of total imports. Finland (X tons) held the second position in the ranking, distantly followed by Norway (X tons). All these countries together held near X% share of total imports.

Imports into Sweden decreased at an average annual rate of X% from 2012 to 2022. Norway experienced a relatively flat trend pattern. Finland (X%) illustrated a downward trend over the same period. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) constitutes the largest market for imported meat in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Finland ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Sweden amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Finland (X% per year) and Norway (X% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :