Sweden: Quinoa Market Overview 2021

Quinoa Market Size in Sweden

In 2020, after three years of growth, there was significant decline in the Swedish quinoa market, when its value decreased by -X% to $X. Over the period under review, consumption, however, posted a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2020, consumption remained at a lower figure.

Quinoa Exports

Exports from Sweden

For the fourth consecutive year, Sweden recorded decline in shipments abroad of quinoa, which decreased by -X% to X tonnes in 2020. In general, exports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, exports attained the peak of X tonnes. from 2014 to 2020, the growth exports remained at a lower figure.

In value terms, quinoa exports contracted slightly to $X in 2020. Over the period under review, exports recorded a deep slump. The pace of growth appeared the most rapid in 2019 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Norway (X tonnes), Finland (X tonnes) and Denmark (X tonnes) were the main destinations of quinoa exports from Sweden, together comprising X% of total exports.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway, while exports for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for quinoa exported from Sweden were Norway ($X), Finland ($X) and Denmark ($X), with a combined X% share of total exports. These countries were followed by the Netherlands and Germany, which together accounted for a further X the main countries of destination, the Netherlands recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average quinoa export price amounted to $X per tonne, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a deep slump. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The export price peaked at $X per tonne in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat for the major export markets. In 2020, the highest prices were recorded for prices to Denmark ($X per tonne) and Finland ($X per tonne), while the average price for exports to Germany ($X per tonne) and Norway ($X per tonne) were amongst the lowest.

From 2012 to 2020, 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 mixed trend patterns.

Quinoa Imports

Imports into Sweden

In 2020, overseas purchases of quinoa decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. In general, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, quinoa imports contracted sharply to $X in 2020. Overall, imports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2020, imports remained at a lower figure.

Imports by Country

Peru (X tonnes), Italy (X tonnes) and Germany (X tonnes) were the main suppliers of quinoa imports to Sweden, with a combined X% share of total imports. Belgium, the Netherlands, Denmark and Lithuania lagged somewhat behind, together accounting for a further X 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Italy ($X) and Germany ($X) constituted the largest quinoa suppliers to Sweden, with a combined X% share of total imports. These countries were followed by Belgium, Denmark, the Netherlands and Lithuania, which together accounted for a further X terms of the main suppliers, the Netherlands (+X% per year) saw the highest rates of growth with regard to the value of imports, 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 quinoa import price amounted to $X per tonne, approximately equating the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. from 2015 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Denmark ($X per tonne), while the price for Peru ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Denmark, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform