Price for Flour, Meal, and Flakes of Potatoes in Sweden - 2023
Contents:
- Price for Flour, Meal, and Flakes of Potatoes in Sweden (CIF) - 2023
- Price for Flour, Meal, and Flakes of Potatoes in Sweden (FOB) - 2022
- Imports of Flour, Meal, and Flakes of Potatoes in Sweden
- Exports of Flour, Meal, and Flakes of Potatoes in Sweden
Price for Flour, Meal, and Flakes of Potatoes in Sweden (CIF) - 2023
In September 2023, the average import price for flour, meal, and flakes of potatoeses amounted to $2,622 per ton, surging by 15% against the previous month. Over the period from November 2022 to September 2023, it increased at an average monthly rate of +4.0%. The most prominent rate of growth was recorded in January 2023 an increase of 40% m-o-m. The import price peaked in September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($6,810 per ton), while the price for Norway totaled $2,270 per ton.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Norway (+41.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Flour, Meal, and Flakes of Potatoes in Sweden (FOB) - 2022
The average export price for flour, meal, and flakes of potatoeses stood at $1,798 per ton in 2022, dropping by -29.3% against the previous year. Over the period under review, the export price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 15% against the previous year. The export price peaked at $2,545 per ton in 2021, and then contracted rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($2,100 per ton), while the average price for exports to Germany ($1,063 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 the Netherlands (+8.7%), while the prices for the other major destinations experienced a decline.
Imports of Flour, Meal, and Flakes of Potatoes in Sweden
Imports of flour, meal, and flakes of potatoeses into Sweden surged to 4K tons in 2022, increasing by 48% on 2021 figures. Overall, total imports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +4.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of flour, meal, and flakes of potatoeses skyrocketed to $6.2M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Flour, Meal, and Flakes of Potatoes in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.2 | 1.4 | 1.8 | 2.8 | 32.6% |
| Netherlands | 1.0 | 0.6 | 0.7 | 2.0 | 26.0% |
| Denmark | 0.7 | 0.7 | 0.9 | 1.1 | 16.3% |
| Finland | 1.0 | 0.2 | 0.3 | 0.2 | -41.5% |
| Others | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
| Total | 4.3 | 3.3 | 3.9 | 6.2 | 13.0% |
Top Suppliers of Flour, Meal, and Flakes of Potatoes to Sweden in 2022:
- Germany (2199.9 tons)
- Netherlands (1056.8 tons)
- Denmark (640.5 tons)
- Finland (76.8 tons)
Exports of Flour, Meal, and Flakes of Potatoes in Sweden
In 2022, shipments abroad of flour, meal, and flakes of potatoeses increased by 40% to 242 tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of flour, meal, and flakes of potatoeses shrank slightly to $435K in 2022. Overall, exports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 2.9% against the previous year. As a result, the exports reached the peak of $529K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Flour, Meal, and Flakes of Potatoes in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 92.5 | 144 | 114 | 220 | 33.5% |
| Denmark | 368 | 366 | 302 | 110 | -33.1% |
| Germany | N/A | 0.1 | N/A | 57.3 | 2293.7% |
| Netherlands | 19.5 | 1.7 | 4.8 | 39.7 | 26.7% |
| Others | 33.6 | 16.6 | 18.6 | 7.6 | -39.1% |
| Total | 514 | 529 | 440 | 435 | -5.4% |
Top Export Markets for Flour, Meal, and Flakes of Potatoes from Sweden in 2022:
- Norway (104.8 tons)
- Denmark (55.8 tons)
- Germany (53.9 tons)
- Netherlands (24.6 tons)
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