Liqueurs and Cordials Price in Sweden - 2023
Contents:
- Liqueurs and Cordials Price in Sweden (CIF) - 2023
- Liqueurs and Cordials Price in Sweden (FOB) - 2023
- Liqueurs and Cordials Imports in Sweden
- Liqueurs and Cordials Exports in Sweden
Liqueurs and Cordials Price in Sweden (CIF) - 2023
The average liqueurs and cordials import price stood at $6.2 per litre in June 2023, declining by -1.7% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in April 2023 an increase of 20% m-o-m. As a result, import price attained the peak level of $6.9 per litre. From May 2023 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($13.8 per litre), while the price for Finland ($3.1 per litre) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Liqueurs and Cordials Price in Sweden (FOB) - 2023
In June 2023, the average liqueurs and cordials export price amounted to $8.0 per litre, which is down by -24.8% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 24% month-to-month. As a result, the export price reached the peak level of $10.6 per litre, and then fell rapidly in the following month.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Norway ($12.8 per litre), while the average price for exports to the Netherlands ($5.6 per litre) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Liqueurs and Cordials Imports in Sweden
For the fourth consecutive year, Sweden recorded growth in supplies from abroad of liqueurs and cordialses, which increased by 27% to 5.4M litres in 2022. The total import volume increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, liqueurs and cordials imports expanded rapidly to $32M in 2022. The total import value increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 13%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Liqueurs and Cordials in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.2 | 5.5 | 7.1 | 7.9 | 53.1% |
| Germany | 4.6 | 4.6 | 5.1 | 6.0 | 9.3% |
| Spain | 2.4 | 2.6 | 3.4 | 3.7 | 15.5% |
| Finland | 2.1 | 1.9 | 2.6 | 3.3 | 16.3% |
| Denmark | 3.2 | 2.6 | 2.9 | 3.2 | 0.0% |
| Italy | 1.1 | 1.7 | 2.1 | 2.1 | 24.1% |
| Canada | 0.4 | 0.7 | 0.6 | 1.1 | 40.1% |
| United Kingdom | 2.8 | 1.3 | 0.3 | 0.5 | -43.7% |
| Ireland | 1.7 | 0.3 | 0.7 | N/A | -35.8% |
| Others | 4.0 | 3.5 | 3.2 | 3.7 | -2.6% |
| Total | 24.5 | 24.7 | 28.0 | 31.6 | 8.9% |
Top Suppliers of Liqueurs and Cordials to Sweden in 2022:
- Netherlands (1170.6K litres)
- Finland (1105.6K litres)
- Germany (967.8K litres)
- Denmark (643.2K litres)
- Spain (517.1K litres)
- Italy (362.3K litres)
- Canada (136.8K litres)
- United Kingdom (39.2K litres)
Liqueurs and Cordials Exports in Sweden
In 2022, approx. 348K litres of liqueurs and cordialses were exported from Sweden; growing by 58% compared with the year before. In general, exports posted buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 85% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, liqueurs and cordials exports soared to $3.2M in 2022. Over the period under review, exports posted a moderate increase. The growth pace was the most rapid in 2021 with an increase of 93%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Liqueurs and Cordials in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 708 | 478 | 858 | 1,334 | 23.5% |
| Norway | 827 | 165 | 220 | 377 | -23.0% |
| Poland | 304 | 215 | 341 | 294 | -1.1% |
| United Kingdom | 108 | 29.5 | 120 | 228 | 28.3% |
| Germany | 307 | 68.0 | 183 | 218 | -10.8% |
| Netherlands | 45.8 | 34.2 | 72.7 | 140 | 45.1% |
| Finland | 110 | 40.3 | 116 | 133 | 6.5% |
| Estonia | 24.7 | 14.9 | 93.3 | 131 | 74.4% |
| Greece | 113 | 1.4 | 43.6 | 95.4 | -5.5% |
| Spain | 92.2 | 14.0 | 20.3 | 46.4 | -20.5% |
| Others | 182 | 145 | 256 | 208 | 4.6% |
| Total | 2,822 | 1,205 | 2,324 | 3,203 | 4.3% |
Top Export Markets for Liqueurs and Cordials from Sweden in 2022:
- Denmark (147.4K litres)
- Norway (34.9K litres)
- Poland (32.6K litres)
- United Kingdom (24.2K litres)
- Estonia (21.6K litres)
- Germany (17.9K litres)
- Finland (14.8K litres)
- Netherlands (14.7K litres)
- Greece (13.7K litres)
- Spain (6.5K litres)
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