Sweden: Cereals Market Overview 2021

Cereals Market Size in Sweden

The Swedish cereals market shrank to $X in 2019, waning by -X% against the previous year. In general, consumption continues to indicate a abrupt descent. The growth pace was the most rapid in 2011 when the market value increased by X% year-to-year. Cereals consumption peaked at $X in 2008; however, from 2009 to 2019, consumption remained at a lower figure.

Cereals Production in Sweden

In value terms, cereals production reduced to $X in 2019 estimated in export prices. Overall, production recorded a deep reduction. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2008; however, from 2009 to 2019, production stood at a somewhat lower figure.

In 2019, the average cereals yield in Sweden dropped to X tonnes per ha, waning by -X% against 2018 figures. Overall, the yield saw a pronounced decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, the average cereals yield reached the maximum level at X tonnes per ha in 2015; however, from 2016 to 2019, the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of cereals were harvested in Sweden; therefore, remained relatively stable against 2018. Over the period under review, the harvested area showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2009 to 2019, the growth of the cereals harvested area failed to regain the momentum.

Cereals Exports

Exports from Sweden

In 2019, shipments abroad of cereals was finally on the rise to reach X tonnes after three years of decline. Overall, exports posted a mild increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2015; however, from 2016 to 2019, exports remained at a lower figure.

In value terms, cereals exports expanded to $X in 2019. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. From 2015 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Spain (X tonnes), Denmark (X tonnes) and Norway (X tonnes) were the main destinations of cereals exports from Sweden, together comprising X% of total exports. These countries were followed by Tunisia, Germany, Libya and Algeria, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tunisia, while exports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Denmark ($X) and Norway ($X) appeared to be the largest markets for cereals exported from Sweden worldwide, together comprising X% of total exports. These countries were followed by Germany, Libya, Algeria and Tunisia, which together accounted for a further 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 mixed trend patterns.

Export Prices by Country

The average cereals export price stood at $X per tonne in 2018, growing by X% against the previous year. Overall, the export price, however, saw a slight setback. 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 at $X per tonne in 2008; however, from 2009 to 2018, export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Denmark ($X per tonne), while the average price for exports to Tunisia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Libya, while the prices for the other major destinations experienced mixed trend patterns.

Cereals Imports

Imports into Sweden

In 2019, overseas purchases of cereals increased by X% to X tonnes, rising for the third consecutive year after two years of decline. Overall, total imports indicated a buoyant increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked in 2019 and are expected to retain growth in years to come.

In value terms, cereals imports amounted to $X in 2019. Over the period under review, total imports indicated moderate growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Lithuania (X tonnes), Denmark (X tonnes) and Germany (X tonnes) were the main suppliers of cereals imports to Sweden, with a combined X% share of total imports. Poland, Bulgaria, Kazakhstan, Estonia, Latvia and France lagged somewhat behind, together comprising a further X 2007 to 2018, the biggest increases were in Bulgaria (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X), Denmark ($X) and Germany ($X) were the largest cereals suppliers to Sweden, with a combined X% share of total imports. These countries were followed by Poland, Kazakhstan, France, Estonia, Bulgaria and Latvia, which together accounted for a further X (+X% per year) recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average cereals import price amounted to $X per tonne, rising by X% against the previous year. Overall, the import price, however, saw a slight slump. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2008; however, from 2009 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was France ($X per tonne), while the price for Bulgaria ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Kazakhstan, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cereals in the world?

+

The countries with the highest volumes of cereals consumption in 2019 were China (645M tonnes), the U.S. (405M tonnes) and India (324M tonnes), together comprising 45% of global consumption. Indonesia, Brazil, Bangladesh, Viet Nam, Russia, Mexico and Egypt lagged somewhat behind, together accounting for a further 16%.

What are the largest producers of cereals in the world?

+

The countries with the highest volumes of cereals production in 2019 were China (628M tonnes), the U.S. (473M tonnes) and India (324M tonnes), together comprising 47% of global production. Indonesia, Russia, Brazil, Ukraine, Argentina, France, Bangladesh, Canada and Viet Nam lagged somewhat behind, together accounting for a further 24%.

What are the leading suppliers of cereals to Sweden?

+

In value terms, the largest cereals suppliers to Sweden were Lithuania ($17M), Denmark ($16M) and Germany ($13M), with a combined 34% share of total imports. Poland, Kazakhstan, France, Estonia, Bulgaria and Latvia lagged somewhat behind, together comprising a further 27%.

What are the leading importers of cereals from Sweden?

+

In value terms, the largest markets for cereals exported from Sweden were Spain ($25M), Denmark ($15M) and Norway ($11M), together accounting for 24% of total exports. Germany, Libya, Algeria and Tunisia lagged somewhat behind, together comprising a further 13%.

What is the average export price for cereals in Sweden?

+

In 2018, the average cereals export price amounted to $217 per tonne, rising by 5.9% against the previous year.

What is the average import price for cereals in Sweden?

+

The average cereals import price stood at $268 per tonne in 2018, increasing by 7% against the previous year.