Latest Report Update: May 31, 2021

Sweden - Herrings (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Sweden: Preserved Herring Market Overview 2021

Preserved Herring Market Size in Sweden

In 2020, the Swedish preserved herring market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the market value increased by X% y-o-y. Preserved herring consumption peaked at $X in 2013; however, from 2014 to 2020, consumption remained at a lower figure.

Preserved Herring Production in Sweden

In value terms, preserved herring production reduced to $X in 2020 estimated in export prices. Over the period under review, production, however, recorded a tangible increase. The growth pace was the most rapid in 2017 when the production volume increased by X% y-o-y. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2020, production failed to regain the momentum.

Preserved Herring Exports

Exports from Sweden

In 2020, the amount of herrings (prepared or preserved) exported from Sweden reduced sharply to X tonnes, waning by -X% compared with 2019. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. As a result, exports reached the peak of X tonnes. From 2011 to 2020, the growth exports failed to regain the momentum.

In value terms, preserved herring exports declined significantly to $X in 2020. In general, exports showed a abrupt descent. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. From 2012 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Finland (X tonnes) was the main destination for preserved herring exports from Sweden, with a X% share of total exports. Moreover, preserved herring exports to Finland exceeded the volume sent to the second major destination, Denmark (X tonnes), threefold. Germany (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Finland amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-X% per year) and Germany (-X% per year).

In value terms, Finland ($X) remains the key foreign market for preserved herring exports from Sweden, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Finland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Denmark (-X% per year).

Export Prices by Country

The average preserved herring export price stood at $X per tonne in 2020, picking up by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. The export price peaked at $X per tonne in 2012; however, from 2013 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Norway ($X per tonne), while the average price for exports to Poland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced mixed trend patterns.

Preserved Herring Imports

Imports into Sweden

Preserved herring imports into Sweden reduced slightly to X tonnes in 2020, with a decrease of -X% compared with 2019 figures. Overall, imports saw a pronounced slump. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2011; however, from 2012 to 2020, imports remained at a lower figure.

In value terms, preserved herring imports fell to $X in 2020. Over the period under review, imports recorded a deep contraction. The growth pace was the most rapid in 2016 when imports increased by X% year-to-year. Imports peaked at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Norway (X tonnes) was the main preserved herring supplier to Sweden, accounting for a X% share of total imports. It was followed by Faroe Islands (X tonnes), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Norway was relatively modest.

In value terms, Norway ($X) constituted the largest supplier of preserved herring to Sweden, comprising X% of total imports. The second position in the ranking was occupied by Faroe Islands ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Norway was relatively modest.

Import Prices by Country

The average preserved herring import price stood at $X per tonne in 2020, waning by -X% against the previous year. Overall, the import price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. The import price peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Faroe Islands ($X per tonne), while the price for Norway amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Faroe Islands.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for herrings (prepared or preserved) in the world?
+
The country with the largest volume of preserved herring consumption was China (664K tonnes), accounting for 16% of total volume. Moreover, preserved herring consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (305K tonnes), twofold. India (275K tonnes) ranked third in terms of total consumption with a 6.7% share.
What are the largest producers of herrings (prepared or preserved) in the world?
+
China (667K tonnes) constituted the country with the largest volume of preserved herring production, accounting for 16% of total volume. Moreover, preserved herring production in China exceeded the figures recorded by the second-largest producer, the U.S. (295K tonnes), twofold. The third position in this ranking was occupied by India (276K tonnes), with a 6.7% share.
What are the leading suppliers of herrings (prepared or preserved) to Sweden?
+
In value terms, Norway ($10M) constituted the largest supplier of preserved herring to Sweden, comprising 91% of total imports. The second position in the ranking was occupied by Faroe Islands ($328K), with a 3% share of total imports.
What are the leading importers of herrings (prepared or preserved) from Sweden?
+
In value terms, Finland ($4.8M) remains the key foreign market for preserved herring exports from Sweden, comprising 40% of total exports. The second position in the ranking was occupied by Germany ($1.9M), with a 15% share of total exports. It was followed by Denmark, with a 11% share.
What is the average export price for herrings (prepared or preserved) in Sweden?
+
The average preserved herring export price stood at $3,211 per tonne in 2020, increasing by 7% against the previous year.
What is the average import price for herrings (prepared or preserved) in Sweden?
+
The average preserved herring import price stood at $1,770 per tonne in 2020, waning by -2.1% against the previous year.

Product coverage:
• Prodcom 10202520 - Prepared or preserved herrings, whole or in pieces (excluding minced products and prepared meals and dishes)

This report provides an in-depth analysis of the preserved herring market in Sweden. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Sweden

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Sweden
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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