Sweden: Market for Fresh Bread and Miscellaneous Bakery 2024

Market Size for Fresh Bread and Miscellaneous Bakery in Sweden

In 2023, the Swedish market for fresh bread and miscellaneous bakery increased by X% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Fresh Bread and Miscellaneous Bakery in Sweden

In value terms, fresh bread and miscellaneous bakery production rose modestly to $X in 2023 estimated in export price. Over the period under review, production, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Fresh bread and miscellaneous bakery production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Exports of Fresh Bread and Miscellaneous Bakery

Exports from Sweden

In 2023, the amount of fresh bread and miscellaneous bakery exported from Sweden dropped slightly to X tons, standing approx. at the year before. The total export volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2022, and then declined modestly in the following year.

In value terms, fresh bread and miscellaneous bakery exports totaled $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Norway (X tons), Denmark (X tons) and Finland (X tons) were the main destinations of fresh bread and miscellaneous bakery exports from Sweden, together comprising X% of total exports. Germany, Belgium, the UK, France and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Denmark ($X) and Finland ($X) appeared to be the largest markets for fresh bread and miscellaneous bakery exported from Sweden worldwide, with a combined X% share of total exports. Germany, the UK, France, Belgium and the Netherlands lagged somewhat behind, together comprising a further X%.

Belgium, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average export price for fresh bread and miscellaneous bakery amounted to $X per ton, jumping by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Denmark ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fresh Bread and Miscellaneous Bakery

Imports into Sweden

In 2023, supplies from abroad of fresh bread and miscellaneous bakery increased by X% to X tons, rising for the third year in a row after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked in 2023 and are likely to continue growth in years to come.

In value terms, fresh bread and miscellaneous bakery imports soared to $X in 2023. Overall, total imports indicated a strong increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2023, Germany (X tons) constituted the largest supplier of fresh bread and miscellaneous bakery to Sweden, with a X% share of total imports. Moreover, fresh bread and miscellaneous bakery imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. The third position in this ranking was held by Poland (X tons), with an X% share.

From 2012 to 2023, the average annual growth rate of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Poland (X% per year).

In value terms, Germany ($X), Denmark ($X) and Belgium ($X) appeared to be the largest fresh bread and miscellaneous bakery suppliers to Sweden, with a combined X% share of total imports. Italy, Poland, France, the Netherlands, Finland, Norway, Estonia, the UK and Lithuania lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Estonia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average import price for fresh bread and miscellaneous bakery amounted to $X per ton, surging by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform