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Sweden - Honey - Market Analysis, Forecast, Size, Trends and Insights
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Sweden: Honey Market Overview 2021

Honey Market Size in Sweden

In 2020, the Swedish honey market decreased by -X% to $X, falling for the second year in a row after three years of growth. Over the period under review, the total consumption indicated tangible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2009 when the market value increased by X% against the previous year. Honey consumption peaked at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Honey Production in Sweden

In value terms, honey production stood at $X in 2020 estimated in export prices. In general, production continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Honey production peaked at $X in 2014; however, from 2015 to 2020, production remained at a lower figure.

Honey Exports

Exports from Sweden

In 2020, the amount of honey exported from Sweden soared to X tonnes, increasing by X% against the previous year's figure. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. Exports peaked in 2020 and are likely to see gradual growth in the near future.

In value terms, honey exports soared to $X in 2020. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2011 when exports increased by X% y-o-y. Exports peaked in 2020 and are likely to continue growth in the near future.

Exports by Country

Norway (X tonnes) was the main destination for honey exports from Sweden, accounting for a X% share of total exports. Moreover, honey exports to Norway exceeded the volume sent to the second major destination, France (X tonnes), sixfold. Poland (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 Norway amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Poland (+X% per year).

In value terms, Norway ($X) remains the key foreign market for honey exports from Sweden, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2007 to 2020, 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: France (+X% per year) and Poland (+X% per year).

Export Prices by Country

In 2020, the average honey export price amounted to $X per tonne, dropping by -X% against the previous year. In general, export price indicated noticeable growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, honey export price decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the maximum at $X per tonne in 2016; however, from 2017 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Finland ($X per tonne), while the average price for exports to Norway ($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 France, while the prices for the other major destinations experienced more modest paces of growth.

Honey Imports

Imports into Sweden

In 2020, after two years of growth, there was significant decline in supplies from abroad of honey, when their volume decreased by -X% to X tonnes. In general, total imports indicated a noticeable expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Imports peaked at X tonnes in 2019, and then dropped in the following year.

In value terms, honey imports fell to $X in 2020. Over the period under review, total imports indicated a buoyant increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Imports peaked at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tonnes), Denmark (X tonnes) and France (X tonnes) were the main suppliers of honey imports to Sweden, together accounting for X% of total imports. These countries were followed by Germany, China, Spain and the UK, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Belgium ($X) and France ($X) constituted the largest honey suppliers to Sweden, with a combined X% share of total imports. These countries were followed by Germany, China, Spain and the UK, which together accounted for a further X (+X% per year) saw the highest growth rate of the value of imports, among 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 2020, the average honey import price amounted to $X per tonne, which is down by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per tonne in 2011; however, from 2012 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Denmark ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for honey in the world?
+
The countries with the highest volumes of honey consumption in 2020 were China (325K tonnes), the U.S. (226K tonnes) and Turkey (107K tonnes), with a combined 34% share of global consumption. These countries were followed by Germany, Canada, Iran, Russia, the UK, Ethiopia, Japan, France, Spain and Mexico, which together accounted for a further 31%.
What are the largest producers of honey in the world?
+
The country with the largest volume of honey production was China (453K tonnes), comprising approx. 23% of total volume. Moreover, honey production in China exceeded the figures recorded by the second-largest producer, Turkey (113K tonnes), fourfold. The third position in this ranking was occupied by Ukraine (93K tonnes), with a 4.7% share.
What are the leading suppliers of honey to Sweden?
+
In value terms, the largest honey suppliers to Sweden were Denmark ($7.5M), Belgium ($6.5M) and France ($3.7M), with a combined 82% share of total imports. Germany, China, Spain and the UK lagged somewhat behind, together accounting for a further 13%.
What are the leading importers of honey from Sweden?
+
In value terms, Norway ($2M) remains the key foreign market for honey exports from Sweden, comprising 67% of total exports. The second position in the ranking was occupied by France ($443K), with a 15% share of total exports. It was followed by Poland, with a 5.7% share.
What is the average export price for honey in Sweden?
+
The average honey export price stood at $6,324 per tonne in 2020, waning by -13.4% against the previous year.
What is the average import price for honey in Sweden?
+
The average honey import price stood at $4,400 per tonne in 2020, declining by -2% against the previous year.

Product coverage:
• FCL 1182 - Honey

This report provides an in-depth analysis of the honey 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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