Sweden: Banana And Plantain Market 2022

Banana And Plantain Market Size in Sweden

The Swedish banana and plantain market dropped modestly to $X in 2021, waning 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, however, showed a relatively flat trend pattern. Banana and plantain consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Banana And Plantain Exports

Exports from Sweden

In 2021, after two years of decline, there was significant growth in overseas shipments of bananas and plantains, when their volume increased by X% to X tonnes. Over the period under review, exports, however, continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, the exports hit record highs at X tonnes in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, banana and plantain exports rose significantly to $X in 2021. Overall, exports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Denmark (X tonnes) was the main destination for banana and plantain exports from Sweden, accounting for a X% share of total exports. Moreover, banana and plantain exports to Denmark exceeded the volume sent to the second major destination, the Netherlands (X tonnes), sixfold. The third position in this ranking was occupied by France (X tonnes), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Denmark amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and France (+X% per year).

In value terms, Denmark ($X) remains the key foreign market for banana and plantain exports from Sweden, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Denmark stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and France (+X% per year).

Export Prices by Country

In 2021, the average banana and plantain export price amounted to $X per tonne, stabilizing at the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by X% year-to-year. As a result, the export price attained the peak level of $X per tonne. From 2014 to 2021, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($X per tonne), while the average price for exports to the Czech Republic ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Banana And Plantain Imports

Imports into Sweden

After three years of decline, overseas purchases of bananas and plantains increased by X% to X tonnes in 2021. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, banana and plantain imports declined to $X in 2021. Over the period under review, imports recorded a perceptible decline. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2021, Ecuador (X tonnes) constituted the largest supplier of banana and plantain to Sweden, accounting for a X% share of total imports. Moreover, banana and plantain imports from Ecuador exceeded the figures recorded by the second-largest supplier, the Dominican Republic (X tonnes), sevenfold. Colombia (X tonnes) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Ecuador stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Dominican Republic (+X% per year) and Colombia (-X% per year).

In value terms, Ecuador ($X) constituted the largest supplier of banana and plantain to Sweden, comprising X% of total imports. The second position in the ranking was occupied by the Dominican Republic ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Ecuador totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Dominican Republic (+X% per year) and Colombia (-X% per year).

Import Prices by Country

In 2021, the average banana and plantain import price amounted to $X per tonne, which is down by -X% against the previous year. In general, the import price recorded a pronounced setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nicaragua (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform