Sweden: Non-Wheat Cereal Pellets Market 2024

Non-Wheat Cereal Pellets Market Size in Sweden

The Swedish non-wheat cereal pellets market soared to $X in 2022, rising by X% against the previous year. Overall, consumption, however, showed a deep downturn. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Non-Wheat Cereal Pellets Production in Sweden

In value terms, non-wheat cereal pellets production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, saw pronounced growth. The growth pace was the most rapid in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

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Non-Wheat Cereal Pellets Exports

Exports from Sweden

In 2022, approx. X tons of cereal pellets (excluding wheat) were exported from Sweden; waning by X% against 2021. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, non-wheat cereal pellets exports dropped markedly to $X in 2022. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then dropped sharply in the following year.

Exports by Country

Ireland (X tons) was the main destination for non-wheat cereal pellets exports from Sweden, accounting for a X% share of total exports. It was followed by Denmark (X tons), with a X% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to Ireland totaled X%.

In value terms, Ireland ($X) remains the key foreign market for cereal pellets (excluding wheat) exports from Sweden, comprising X% of total exports. The second position in the ranking was taken by Denmark ($X), with a X% share of total exports.

From 2013 to 2022, the average annual growth rate of value to Ireland totaled X%.

Export Prices by Country

The average non-wheat cereal pellets export price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when the average export price increased by X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to Denmark stood at $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (X%).

Non-Wheat Cereal Pellets Imports

Imports into Sweden

In 2022, the amount of cereal pellets (excluding wheat) imported into Sweden skyrocketed to X tons, with an increase of X% on the year before. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, non-wheat cereal pellets imports skyrocketed to $X in 2022. In general, imports posted a significant expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Denmark (X tons) was the main supplier of non-wheat cereal pellets to Sweden, accounting for a X% share of total imports. Moreover, non-wheat cereal pellets imports from Denmark exceeded the figures recorded by the second-largest supplier, Norway (X tons), more than tenfold. Spain (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Denmark totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (X% per year) and Spain (X% per year).

In value terms, Denmark ($X) constituted the largest supplier of cereal pellets (excluding wheat) to Sweden, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Spain, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Denmark stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Spain (X% per year).

Import Prices by Country

In 2022, the average non-wheat cereal pellets import price amounted to $X per ton, shrinking by X% against the previous year. In general, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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