Sweden: Coffee Extract Market 2024

Coffee Extract Market Size in Sweden

The Swedish coffee extract market was estimated at $X in 2022, increasing by X% against the previous year. Over the period under review, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in years to come.

Coffee Extract Production in Sweden

In value terms, coffee extract production stood at $X in 2022 estimated in export price. In general, production, however, continues to indicate a strong expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Coffee extract production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Coffee Extract Exports

Exports from Sweden

In 2022, approx. X tons of coffee extracts, essences and concentrates were exported from Sweden; with a decrease of X% compared with the previous year. In general, exports, however, showed a tangible expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, coffee extract exports contracted to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Norway (X tons) was the main destination for coffee extract exports from Sweden, accounting for a X% share of total exports. Moreover, coffee extract exports to Norway exceeded the volume sent to the second major destination, Finland (X tons), twofold. Denmark (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (X% per year) and Denmark (X% per year).

In value terms, Norway ($X) remains the key foreign market for coffee extracts, essences and concentrates exports from Sweden, comprising X% of total exports. The second position in the ranking was held by Finland ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (X% per year) and Denmark (X% per year).

Export Prices by Country

The average coffee extract export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 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 the Czech Republic ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, 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.

Coffee Extract Imports

Imports into Sweden

In 2022, overseas purchases of coffee extracts, essences and concentrates increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, coffee extract imports amounted to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Switzerland (X tons), the UK (X tons) and Germany (X tons) were the main suppliers of coffee extract imports to Sweden, with a combined X% share of total imports. The Czech Republic, the Netherlands, Spain, Hungary, France and Denmark lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest coffee extract suppliers to Sweden were Switzerland ($X), the Czech Republic ($X) and Germany ($X), together comprising X% of total imports. Spain, the UK, the Netherlands, France, Hungary and Denmark lagged somewhat behind, together comprising a further X%.

Denmark, with a CAGR of X%, saw 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 2022, the average coffee extract import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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