Sweden: Avocado Market Overview 2021

Avocado Market Size in Sweden

The Swedish avocado market amounted to $X in 2020, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Avocado Exports

Exports from Sweden

In 2020, the amount of avocados exported from Sweden shrank remarkably to X tonnes, waning by -X% against the previous year's figure. Over the period under review, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2010; however, from 2011 to 2020, exports stood at a somewhat lower figure.

In value terms, avocado exports declined rapidly to $X in 2020. In general, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at $X in 2019, and then fell significantly in the following year.

Exports by Country

Finland (X tonnes), Denmark (X tonnes) and Germany (X tonnes) were the main destinations of avocado exports from Sweden, together accounting for X% of total exports. Norway lagged somewhat behind, comprising a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway, while exports for the other leaders experienced more modest paces of growth.

In value terms, Finland ($X), Denmark ($X) and Norway ($X) constituted the largest markets for avocado exported from Sweden worldwide, together accounting for X% of total exports.

Among the main countries of destination, Norway saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average avocado export price stood at $X per tonne in 2020, rising by X% against the previous year. Overall, export price indicated buoyant growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, avocado export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% y-o-y. The export price peaked in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Norway ($X per tonne), while the average price for exports to Germany ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Finland, while the prices for the other major destinations experienced more modest paces of growth.

Avocado Imports

Imports into Sweden

Avocado imports into Sweden expanded sharply to X tonnes in 2020, surging by X% on 2019. Overall, total imports indicated buoyant growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Imports peaked in 2020 and are likely to see gradual growth in the near future.

In value terms, avocado imports amounted to $X in 2020. Over the period under review, imports saw buoyant growth. The growth pace was the most rapid in 2008 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the Netherlands (X tonnes) constituted the largest supplier of avocado to Sweden, accounting for a X% share of total imports. Moreover, avocado imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), fivefold. The third position in this ranking was occupied by Denmark (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the Netherlands totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Denmark (+X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of avocado to Sweden, comprising X% of total imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports. It was followed by Denmark, with a X% share.

From 2007 to 2020, the average annual growth rate of value from the Netherlands totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Denmark (+X% per year).

Import Prices by Country

In 2020, the average avocado import price amounted to $X per tonne, which is down by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2017; however, from 2018 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($X per tonne), while the price for Germany ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for avocados in the world?

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The countries with the highest volumes of avocado consumption in 2020 were Mexico (1.3M tonnes), the U.S. (1.2M tonnes) and the Dominican Republic (692K tonnes), with a combined 40% share of global consumption. These countries were followed by Colombia, Indonesia, the Netherlands, Haiti, Brazil, Peru, Kenya, China, France and Venezuela, which together accounted for a further 34%.

What are the largest producers of avocados in the world?

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The country with the largest volume of avocado production was Mexico (2.4M tonnes), accounting for 31% of total volume. Moreover, avocado production in Mexico exceeded the figures recorded by the second-largest producer, the Dominican Republic (736K tonnes), threefold. The third position in this ranking was occupied by Peru (606K tonnes), with a 7.8% share.

What are the leading suppliers of avocados to Sweden?

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In value terms, the Netherlands ($43M) constituted the largest supplier of avocado to Sweden, comprising 63% of total imports. The second position in the ranking was occupied by the UK ($6.7M), with a 9.8% share of total imports. It was followed by Denmark, with a 8.3% share.

What are the leading importers of avocados from Sweden?

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In value terms, the largest markets for avocado exported from Sweden were Finland ($736K), Denmark ($475K) and Norway ($136K), with a combined 92% share of total exports.

What is the average export price for avocados in Sweden?

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The average avocado export price stood at $3,981 per tonne in 2020, surging by 5.4% against the previous year.

What is the average import price for avocados in Sweden?

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The average avocado import price stood at $3,116 per tonne in 2020, reducing by -5.9% against the previous year.