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

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Millet Market Size in Sweden

In 2019, the Swedish millet market decreased by -X% to $X, falling for the third consecutive year after two years of growth. In general, consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. From 2017 to 2019, the growth of the market failed to regain the momentum.

Millet Exports

Exports from Sweden

In 2019, shipments abroad of millet increased by X% to X tonnes, rising for the third consecutive year after two years of decline. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. As a result, exports reached the peak of X tonnes. From 2015 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, millet exports rose rapidly to $X in 2019. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% year-to-year. Exports peaked at $X in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Finland (X tonnes), the Netherlands (X tonnes) and Norway (X tonnes) were the main destinations of millet exports from Sweden, with a combined X% share of total exports.

From 2007 to 2019, the biggest increases were in Norway (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

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

From 2007 to 2019, the average annual growth rate of value to Finland totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

In 2019, the average millet export price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the export price saw a pronounced setback. The growth pace was the most rapid in 2010 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2016; however, from 2017 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Finland ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced a decline.

Millet Imports

Imports into Sweden

In 2019, supplies from abroad of millet decreased by -X% to X tonnes, falling for the third year in a row after two years of growth. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. From 2017 to 2019, the growth imports failed to regain the momentum.

In value terms, millet imports stood at $X in 2019. Overall, total imports indicated a temperate expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Ukraine (X tonnes) constituted the largest millet supplier to Sweden, with a X% share of total imports. Moreover, millet imports from Ukraine exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), twofold. Germany (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Ukraine amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Germany (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of millet to Sweden, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by Ukraine, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Ukraine (+X% per year).

Import Prices by Country

The average millet import price stood at $X per tonne in 2019, picking up by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Germany ($X per tonne), while the price for Ukraine ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for millet in the world?
+
India (10M tonnes) remains the largest millet consuming country worldwide, accounting for 33% of total volume. Moreover, millet consumption in India exceeded the figures recorded by the second-largest consumer, China (4.6M tonnes), twofold. Niger (3.3M tonnes) ranked third in terms of total consumption with a 11% share.
What are the largest producers of millet in the world?
+
India (10M tonnes) remains the largest millet producing country worldwide, accounting for 33% of total volume. Moreover, millet production in India exceeded the figures recorded by the second-largest producer, China (4.6M tonnes), twofold. The third position in this ranking was occupied by Niger (3.3M tonnes), with a 11% share.
What are the leading suppliers of millet to Sweden?
+
In value terms, Germany ($97K) constituted the largest supplier of millet to Sweden, comprising 26% of total imports. The second position in the ranking was occupied by the Netherlands ($48K), with a 13% share of total imports. It was followed by Ukraine, with a 12% share.
What are the leading importers of millet from Sweden?
+
In value terms, Finland ($43K) remains the key foreign market for millet exports from Sweden, comprising 61% of total exports. The second position in the ranking was occupied by Norway ($16K), with a 23% share of total exports.
What is the average export price for millet in Sweden?
+
The average millet export price stood at $1,377 per tonne in 2019, which is down by -2.5% against the previous year.
What is the average import price for millet in Sweden?
+
The average millet import price stood at $1,452 per tonne in 2019, increasing by 28% against the previous year.

Product coverage:
• FCL 79 - Millet

This report provides an in-depth analysis of the millet 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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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