Sweden: Market for Dried Or Smoked Fish 2024

Market Size for Dried Or Smoked Fish in Sweden

In 2023, the Swedish dried or smoked fish market decreased by X% to $X, falling for the fifth consecutive year after three years of growth. Over the period under review, consumption, however, recorded a modest expansion. Dried or smoked fish consumption peaked at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Production of Dried Or Smoked Fish in Sweden

In value terms, dried or smoked fish production fell to $X in 2023 estimated in export price. In general, production, however, recorded significant growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Dried or smoked fish production peaked at $X in 2018; however, from 2019 to 2023, production remained at a lower figure.

Exports of Dried Or Smoked Fish

Exports from Sweden

Dried or smoked fish exports from Sweden reduced markedly to X tons in 2023, declining by X% against 2022. Over the period under review, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

In value terms, dried or smoked fish exports dropped rapidly to $X in 2023. Overall, exports showed a pronounced reduction. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Portugal (X tons) was the main destination for dried or smoked fish exports from Sweden, with a X% share of total exports. Moreover, dried or smoked fish exports to Portugal exceeded the volume sent to the second major destination, Spain (X tons), eightfold. The third position in this ranking was taken by Greece (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Portugal stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Greece (X% per year).

In value terms, Portugal ($X) remains the key foreign market for dried or smoked fish exports from Sweden, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Portugal totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Spain (X% per year).

Export Prices by Country

In 2023, the average dried or smoked fish export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, dried or smoked fish export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2022 an increase of X%. Over the period under review, the average export prices hit record highs in 2023 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2023, 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 more modest paces of growth.

Imports of Dried Or Smoked Fish

Imports into Sweden

For the third consecutive year, Sweden recorded decline in purchases abroad of dried or smoked fish, which decreased by X% to X tons in 2023. Overall, imports saw a drastic downturn. The growth pace was the most rapid in 2016 when imports increased by X%. As a result, imports attained the peak of X tons. From 2017 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, dried or smoked fish imports declined sharply to $X in 2023. In general, imports recorded a noticeable slump. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Norway (X tons) was the main supplier of dried or smoked fish to Sweden, accounting for a X% share of total imports. Moreover, dried or smoked fish imports from Norway exceeded the figures recorded by the second-largest supplier, Poland (X tons), more than tenfold. The third position in this ranking was taken by Iceland (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Norway stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Iceland (X% per year).

In value terms, Norway ($X) constituted the largest supplier of dried or smoked fish to Sweden, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports. It was followed by Iceland, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Norway stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Iceland (X% per year).

Import Prices by Country

The average dried or smoked fish import price stood at $X per ton in 2023, surging by X% against the previous year. In general, import price indicated a measured expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, dried or smoked fish import price increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2023 and is expected to retain growth in the near future.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform