Sweden: Rye Market 2024

Rye Market Size in Sweden

The Swedish rye market was estimated at $X in 2022, remaining constant against the previous year. Overall, consumption continues to indicate a pronounced increase. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Rye Production in Sweden

In value terms, rye production contracted to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

The average yield of rye in Sweden rose modestly to X tons per ha in 2022, increasing by X% compared with 2021 figures. Over the period under review, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2020 to 2022, the growth of the average rye yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of rye were harvested in Sweden; increasing by X% against 2021 figures. Over the period under review, the total harvested area indicated a notable increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rye harvested area decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the harvested area increased by X%. As a result, the harvested area reached the peak level of X ha. From 2020 to 2022, the growth of the rye harvested area remained at a somewhat lower figure.

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Rye Exports

Exports from Sweden

In 2022, after two years of decline, there was significant growth in shipments abroad of rye, when their volume increased by X% to X tons. In general, exports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, rye exports skyrocketed to $X in 2022. Overall, exports, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Denmark (X tons), Germany (X tons) and Iceland (X tons) were the main destinations of rye exports from Sweden, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Iceland (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Germany ($X), Denmark ($X) and Finland ($X) were the largest markets for rye exported from Sweden worldwide, with a combined X% share of total exports. Iceland and the United States lagged somewhat behind, together accounting for a further X%.

Iceland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average rye export price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rye export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Rye Imports

Imports into Sweden

In 2022, purchases abroad of rye was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, rye imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Poland (X tons) constituted the largest rye supplier to Sweden, accounting for a X% share of total imports. Moreover, rye imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Denmark (X% per year).

In value terms, Germany ($X), Poland ($X) and Denmark ($X) appeared to be the largest rye suppliers to Sweden, together comprising X% of total imports.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average rye import price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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