Price for Flour and Meal; of Potatoes in Sweden - 2023

Contents:

  1. Price for Flour and Meal; of Potatoes in Sweden (CIF) - 2023
  2. Price for Flour and Meal; of Potatoes in Sweden (FOB) - 2022
  3. Imports of Flour and Meal; of Potatoes in Sweden
  4. Exports of Flour and Meal; of Potatoes in Sweden

Price for Flour and Meal; of Potatoes in Sweden (CIF) - 2023

In May 2023, the average import price for flour and meal; of potatoeses amounted to $2,682 per ton, shrinking by -9.5% against the previous month. In general, the import price, however, recorded a buoyant increase. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 420% against the previous month. As a result, import price reached the peak level of $7,422 per ton. From October 2022 to May 2023, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In May 2023, the country with the highest price was Germany ($3,002 per ton), while the price for Denmark stood at $2,212 per ton.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by France (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour and Meal; of Potatoes in Sweden (FOB) - 2022

The average export price for flour and meal; of potatoeses stood at $3,042 per ton in 2022, with a decrease of -20.5% against the previous year. In general, the export price, however, enjoyed perceptible growth. The growth pace was the most rapid in 2020 when the average export price increased by 54% against the previous year. As a result, the export price reached the peak level of $4,007 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($3,042 per ton), while the average price for exports to the United States stood at $3,042 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flour and Meal; of Potatoes in Sweden

In 2022, the amount of flour and meal; of potatoeses imported into Sweden declined rapidly to 281 tons, dropping by -28% against the year before. In general, imports saw a sharp descent. The pace of growth was the most pronounced in 2021 when imports increased by 4.8% against the previous year.

In value terms, flour and meal; of potatoes imports declined rapidly to $499K in 2022. Overall, imports recorded a dramatic curtailment. The smallest decline of -11.9% was in 2021.

Import of Flour and Meal; of Potatoes in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany494541419295-15.8%
Denmark42.730.338.881.323.9%
China1.0N/A1.649.2266.4%
Netherlands25717.610646.7-43.4%
France22.019.519.121.7-0.5%
United Kingdom1.080.90.50.2-41.5%
Finland769N/AN/AN/A0%
United StatesN/A90.8101N/A11.2%
Others1.42.83.74.951.8%
Total1,588783690499-32.0%

Top Suppliers of Flour and Meal; of Potatoes to Sweden in 2022:

  1. Germany (134.0 tons)
  2. Denmark (65.0 tons)
  3. Netherlands (33.1 tons)
  4. China (27.7 tons)
  5. France (18.0 tons)
  6. United Kingdom (0.1 tons)

Exports of Flour and Meal; of Potatoes in Sweden

In 2022, approx. 36 tons of flour and meal; of potatoeses were exported from Sweden; jumping by 137% on the previous year. Over the period under review, exports recorded a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, flour and meal; of potatoes exports surged to $109K in 2022. In general, exports showed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Flour and Meal; of Potatoes in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway32.428.933.310347.0%
United States1.3N/A0.25.359.8%
Spain3.50.9N/AN/A-74.3%
United Arab Emirates5.413.610.1N/A36.8%
Netherlands15.5N/AN/AN/A0%
Turkey6.13.612.7N/A44.3%
Others9.63.21.4N/A-61.8%
Total73.850.157.710913.9%

Top Export Markets for Flour and Meal; of Potatoes from Sweden in 2022:

  1. Norway (34.0 tons)
  2. United States (1.8 tons)

Source: IndexBox Market Intelligence Platform

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