Sweden: Tilapias Market 2022

Tilapias Market Size in Sweden

The Swedish tilapias market contracted modestly to $X in 2021, shrinking by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a noticeable slump. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Tilapias Exports

Exports from Sweden

In 2021, overseas shipments of tilapias were finally on the rise to reach X tons after five years of decline. Over the period under review, exports, however, recorded a deep setback. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, tilapias exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a abrupt contraction. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Norway (X tons) was the main destination for tilapias exports from Sweden, accounting for a X% share of total exports. Moreover, tilapias exports to Norway exceeded the volume sent to the second major destination, Finland (X tons), sixfold. The third position in this ranking was taken by Denmark (X kg), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Norway totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-X% per year) and Denmark (-X% per year).

In value terms, Norway ($X) emerged as the key foreign market for tilapias exports from Sweden, comprising X% of total exports. The second position in the ranking was taken by Finland ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Norway stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-X% per year) and Denmark (-X% per year).

Export Prices by Country

The average tilapias export price stood at $X per ton in 2021, falling by -X% against the previous year. Over the period under review, the export price saw a perceptible contraction. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Denmark ($X per ton), while the average price for exports to Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+X%), while the prices for the other major destinations experienced a decline.

Tilapias Imports

Imports into Sweden

In 2021, supplies from abroad of tilapias decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, tilapias imports contracted slightly to $X in 2021. In general, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest tilapias supplier to Sweden, with a X% share of total imports. Moreover, tilapias imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fivefold. The third position in this ranking was taken by Vietnam (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and Vietnam (+X% per year).

In value terms, China ($X) constituted the largest supplier of tilapias to Sweden, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by the Netherlands, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+X% per year) and the Netherlands (-X% per year).

Import Prices by Country

In 2021, the average tilapias import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably countryorigin: the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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