Sweden: Brazil Nut Market 2022

Brazil Nut Market Size in Sweden

In 2021, the Swedish brazil nut market was finally on the rise to reach $X after eight years of decline. In general, consumption, however, continues to indicate a deep downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Brazil Nut Production in Sweden

In value terms, brazil nut production amounted to $X in 2021 estimated in export prices. In general, production posted a notable increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% year-to-year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

The average yield of brazil nuts in Sweden amounted to less than X kg per ha in 2021, approximately equating the previous year. Over the period under review, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The brazil nut harvested area in Sweden totaled less than X ha in 2021, remaining relatively unchanged against the previous year's figure. In general, the harvested area continues to indicate a relatively flat trend pattern.

Brazil Nut Exports

Exports from Sweden

In 2021, exports of brazil nuts from Sweden soared to X tonnes, increasing by X% against the year before. Overall, exports showed measured growth. The exports peaked at X tonnes in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, brazil nut exports soared to $X in 2021. In general, exports saw a tangible increase. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X tonnes) was the main destination for brazil nut exports from Sweden, with a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Norway totaled +X%.

In value terms, Norway ($X) also remains the key foreign market for brazil nut exports from Sweden.

From 2012 to 2021, the average annual growth rate of value to Norway stood at +X%.

Export Prices by Country

The average brazil nut export price stood at $X per tonne in 2021, which is down by -X% against the previous year. Overall, the export price, however, recorded a mild increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% y-o-y. As a result, the export price attained the peak level of $X per tonne, and then dropped dramatically in the following year.

As there is only one major export destination, the average price level is determined by prices for Norway.

From 2012 to 2021, the rate of growth in terms of prices for Norway amounted to -X% per year.

Brazil Nut Imports

Imports into Sweden

After two years of decline, overseas purchases of brazil nuts increased by X% to X tonnes in 2021. Over the period under review, imports, however, continue to indicate a deep slump. Imports peaked at X tonnes in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, brazil nut imports surged to $X in 2021. Overall, imports, however, saw a deep reduction. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Italy (X tonnes), the Netherlands (X tonnes) and Estonia (X kg) were the main suppliers of brazil nut imports to Sweden, together comprising X% of total imports.

From 2012 to 2021, the biggest increases were in Estonia (+X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), the Netherlands ($X) and Estonia ($X) were the largest brazil nut suppliers to Sweden, together comprising X% of total imports.

In terms of the main suppliers, Estonia, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average brazil nut import price amounted to $X per tonne, with a decrease of -X% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, brazil nut import price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform