Sweden: Fresh Chicken Cut Market 2024

Fresh Chicken Cut Market Size in Sweden

In 2021, the Swedish fresh chicken cut market decreased by -15.5% to $X, falling for the second consecutive year after eight years of growth. In general, the total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -16.2% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Fresh Chicken Cut Production in Sweden

In value terms, fresh chicken cut production reached $X in 2021 estimated in export price. Overall, the total production indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +10.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +140.0% against 2012 indices. The most prominent rate of growth was recorded in 2013 with an increase of 22%. Fresh chicken cut production peaked in 2021 and is expected to retain growth in years to come.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Fresh Chicken Cut Exports

Exports from Sweden

In 2021, approx. X tons of fresh or chilled cuts of chicken were exported from Sweden; increasing by 23% on the previous year's figure. Over the period under review, total exports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +7.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +39.9% against 2018 indices. The pace of growth appeared the most rapid in 2016 with an increase of 23% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, fresh chicken cut exports soared to $X in 2021. Overall, exports showed a prominent increase. The pace of growth was the most pronounced in 2014 when exports increased by 77%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Denmark (X tons) was the main destination for fresh chicken cut exports from Sweden, with a 91% share of total exports. Moreover, fresh chicken cut exports to Denmark exceeded the volume sent to the second major destination, Germany (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Denmark totaled +7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+140.0% per year) and Lithuania (0.0% per year).

In value terms, Denmark ($X) remains the key foreign market for fresh or chilled cuts of chicken exports from Sweden, comprising 86% of total exports. The second position in the ranking was taken by Germany ($X), with a 6% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Denmark stood at +18.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+218.7% per year) and Lithuania (0.0% per year).

Export Prices by Country

In 2021, the average fresh chicken cut export price amounted to $X per ton, dropping by -3% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +7.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, fresh chicken cut export price decreased by -9.4% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of 57%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+32.9%).

Fresh Chicken Cut Imports

Imports into Sweden

In 2021, the amount of fresh or chilled cuts of chicken imported into Sweden surged to X tons, growing by 15% compared with the previous year. Over the period under review, total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -15.2% against 2019 indices. The pace of growth was the most pronounced in 2019 when imports increased by 37% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, fresh chicken cut imports surged to $X in 2021. In general, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Denmark (X tons), the Netherlands (X tons) and Latvia (X tons) were the main suppliers of fresh chicken cut imports to Sweden, with a combined 91% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Latvia (with a CAGR of +53.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fresh chicken cut suppliers to Sweden were Denmark ($X), the Netherlands ($X) and Latvia ($X), together comprising 88% of total imports.

Latvia, with a CAGR of +50.2%, 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

The average fresh chicken cut import price stood at $X per ton in 2021, with an increase of 20% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :