Report Update Apr 1, 2024

Scandinavia - Whey - Market Analysis, Forecast, Size, Trends and Insights

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Scandinavia: Whey Market 2024

Whey Market Size in Scandinavia

In 2022, the Scandinavia whey market decreased by X% to $X, falling for the third year in a row after two years of growth. Overall, consumption continues to indicate a abrupt slump. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Whey Production in Scandinavia

In value terms, whey production surged to $X in 2022 estimated in export price. Overall, production, however, showed a abrupt setback. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Whey Exports

Exports in Scandinavia

In 2022, shipments abroad of whey increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, exports showed a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, whey exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a deep downturn. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden was the main exporter of whey in Scandinavia, with the volume of exports reaching X tons, which was near X% of total exports in 2022. It was distantly followed by Finland (X tons) and Norway (X tons), together making up a X% share of total exports.

Exports from Sweden increased at an average annual rate of X% from 2012 to 2022. At the same time, Norway (X%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2022. By contrast, Finland (X%) illustrated a downward trend over the same period. Sweden (X p.p.) and Norway (X p.p.) significantly strengthened its position in terms of the total exports, while Finland saw its share reduced by X% from 2012 to 2022, respectively.

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

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

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

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

Whey Imports

Imports in Scandinavia

Whey imports surged to X tons in 2022, rising by X% against 2021 figures. Over the period under review, imports, however, showed a relatively flat trend pattern. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, whey imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of whey imports in 2022 were Sweden (X tons), together recording X% of total import.

Sweden experienced a relatively flat trend pattern with regard to volume of imports of whey. While the share of Sweden (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) constitutes the largest market for imported whey in Scandinavia.

From 2012 to 2022, the average annual rate of growth in terms of value in Sweden was relatively modest.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Sweden.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for whey in Scandinavia?

Sweden remains the largest whey consuming country in Scandinavia, comprising approx. 63% of total volume. Moreover, whey consumption in Sweden exceeded the figures recorded by the second-largest consumer, Norway, twofold.

What are the largest producers of whey in Scandinavia?

The country with the largest volume of whey production was Sweden, comprising approx. 69% of total volume. Moreover, whey production in Sweden exceeded the figures recorded by the second-largest producer, Finland, fourfold.

What are the leading suppliers of whey in Scandinavia?

In value terms, Finland remains the largest whey supplier in Scandinavia, comprising 61% of total exports. The second position in the ranking was taken by Sweden, with a 26% share of total exports.

What are the leading importers of whey in Scandinavia?

In value terms, Sweden constitutes the largest market for imported whey in Scandinavia.

What is the average export price for whey in Scandinavia?

The export price in Scandinavia stood at $520 per ton in 2022, falling by -7.9% against the previous year.

What is the average import price for whey in Scandinavia?

In 2022, the import price in Scandinavia amounted to $2,800 per ton, increasing by 1.8% against the previous year.

This report provides an in-depth analysis of the whey market 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:

FCL 890 - Whey, Condensed
FCL 900 - Dry Whey

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