Scandinavia: Tapioca And Substitutes Market 2024

Tapioca And Substitutes Market Size in Scandinavia

After five years of growth, the Scandinavia tapioca and substitutes market decreased by less than X% to $X in 2022. Over the period under review, consumption, however, recorded a modest expansion. The level of consumption peaked at $X in 2021, and then reduced modestly in the following year.

Tapioca And Substitutes Production in Scandinavia

In value terms, tapioca and substitutes production rose remarkably to $X in 2022 estimated in export price. In general, production, however, enjoyed a prominent increase. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Tapioca And Substitutes Exports

Exports in Scandinavia

In 2022, exports of tapioca and substitutes in Scandinavia expanded slightly to X tons, picking up by X% compared with the previous year. Over the period under review, exports, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, tapioca and substitutes exports reduced remarkably to $X in 2022. Overall, exports recorded prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then shrank significantly in the following year.

Exports by Country

Sweden dominates exports structure, resulting at X tons, which was near X% of total exports in 2022. Finland (X tons) took a minor share of total exports.

Exports from Sweden decreased at an average annual rate of X% from 2012 to 2022. At the same time, Finland (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Finland increased by X percentage points.

In value terms, Sweden ($X) remains the largest tapioca and substitutes supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Finland ($X), with a X% share of total exports.

In Sweden, tapioca and substitutes exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price, however, posted a significant increase. The pace of growth was the most pronounced in 2013 when the export price increased by X%. The level of export peaked at $X per ton in 2021, and then shrank remarkably in the following year.

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 Finland stood at $X per ton.

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

Tapioca And Substitutes Imports

Imports in Scandinavia

In 2022, purchases abroad of tapioca and substitutes decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports continue to indicate a abrupt setback. 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 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, tapioca and substitutes imports contracted to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, Sweden (X tons) represented the key importer of tapioca and substitutes, achieving X% of total imports. Norway (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Finland (X%).

From 2012 to 2022, average annual rates of growth with regard to tapioca and substitutes imports into Sweden stood at X%. At the same time, Finland (X%) and Norway (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of X% from 2012-2022. While the share of Norway (X p.p.) and Finland (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Sweden (X p.p.) displayed negative dynamics.

In value terms, the largest tapioca and substitutes importing markets in Scandinavia were Sweden ($X), Norway ($X) and Finland ($X).

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

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, 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 Sweden (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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