Sweden: Turkey Meat Market 2024

Turkey Meat Market Size in Sweden

The Swedish turkey meat market skyrocketed to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Turkey Meat Production in Sweden

In value terms, turkey meat production reduced slightly to $X in 2022 estimated in export price. In general, production, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Turkey meat production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

In 2022, the average turkey meat yield in Sweden stood at X kg per head, flattening at the year before. The yield figure increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the average turkey meat yield attained the maximum level at X kg per head in 2019; however, from 2020 to 2022, the yield stood at a somewhat lower figure.

In 2022, number of animals slaughtered for turkey meat production in Sweden shrank modestly to X heads, approximately mirroring the year before. This number increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, this number attained the peak level at X heads in 2021, and then reduced slightly in the following year.

Turkey Meat Exports

Exports from Sweden

In 2022, after two years of growth, there was significant decline in overseas shipments of turkey meat, when their volume decreased by X% to X tons. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, turkey meat exports fell remarkably to $X in 2022. In general, exports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Denmark (X tons), the Netherlands (X tons) and Finland (X tons) were the main destinations of turkey meat exports from Sweden, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Finland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

From 2012 to 2022, the average annual growth rate of value to Denmark amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The average turkey meat export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Netherlands ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Turkey Meat Imports

Imports into Sweden

In 2022, purchases abroad of turkey meat increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, total imports indicated measured growth from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, turkey meat imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Denmark (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of turkey meat imports to Sweden, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest turkey meat suppliers to Sweden were Denmark ($X), Poland ($X) and Germany ($X), with a combined X% share of total imports.

Poland, with a CAGR of X%, recorded 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

The average turkey meat import price stood at $X per ton in 2022, almost unchanged from the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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