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Sweden - Olive Oil (Virgin) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVirgin Olive Oil Price in Sweden - 2021
Contents:
- Virgin Olive Oil Price in Sweden (CIF) - 2021
- Virgin Olive Oil Price in Sweden (FOB) - 2022
- Virgin Olive Oil Imports in Sweden
- Virgin Olive Oil Exports in Sweden
Virgin Olive Oil Price in Sweden (CIF) - 2021
In November 2021, the average virgin olive oil import price amounted to $4,322 per ton, increasing by 10% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2021 an increase of 15% against the previous month. The import price peaked in November 2021.
Average prices varied somewhat amongst the major supplying countries. In November 2021, the highest price was recorded for prices from the Netherlands ($5,341 per ton) and Greece ($4,589 per ton), while the price for Spain ($3,891 per ton) and Morocco ($4,259 per ton) were amongst the lowest.
From November 2020 to November 2021, the most notable rate of growth in terms of prices was attained by Spain (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Virgin Olive Oil Price in Sweden (FOB) - 2022
The average virgin olive oil export price stood at $5,389 per ton in 2022, dropping by -4.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2013 an increase of 25% against the previous year. The export price peaked at $5,650 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($8,618 per ton), while the average price for exports to Italy ($2,846 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 Norway (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Virgin Olive Oil Imports in Sweden
In 2022, purchases abroad of virgin olive oil decreased by -5.4% to 10K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year.
In value terms, virgin olive oil imports shrank to $38M in 2022. The total import value increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 19%. As a result, imports reached the peak of $42M, and then shrank in the following year.
Import of Virgin Olive Oil in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 17.7 | 19.4 | 23.1 | 21.3 | 6.4% |
Spain | 9.6 | 8.8 | 10.6 | 9.7 | 0.3% |
Greece | 4.9 | 4.9 | 5.7 | 5.2 | 2.0% |
Others | 1.6 | 1.8 | 2.3 | 2.1 | 9.5% |
Total | 33.7 | 34.9 | 41.7 | 38.3 | 4.4% |
Top Suppliers of Virgin Olive Oil to Sweden in 2022:
- Italy (5.8K tons)
- Spain (2.8K tons)
- Greece (1.2K tons)
Virgin Olive Oil Exports in Sweden
In 2022, exports of virgin olive oil from Sweden shrank slightly to 135 tons, stabilizing at the previous year. Overall, exports showed a perceptible downturn. The pace of growth was the most pronounced in 2021 with an increase of 0.5% against the previous year.
In value terms, virgin olive oil exports fell slightly to $727K in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, the exports attained the peak of $763K, and then shrank slightly in the following year.
Export of Virgin Olive Oil in Sweden (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 420 | 452 | 381 | 385 | -2.9% |
Norway | 94.8 | 125 | 179 | 178 | 23.4% |
Latvia | 79.1 | 0.1 | 56.8 | 56.3 | -10.7% |
Denmark | 58.6 | 67.2 | 47.1 | 53.0 | -3.3% |
Italy | 39.5 | 22.8 | 15.8 | 23.8 | -15.5% |
Greece | 2.6 | 17.6 | 16.1 | 16.0 | 83.3% |
Germany | 22.3 | 2.5 | 7.6 | 9.9 | -23.7% |
Others | 14.1 | 2.5 | 59.7 | 4.8 | -30.2% |
Total | 731 | 690 | 763 | 727 | -0.2% |
Top Export Markets for Virgin Olive Oil from Sweden in 2022:
- Finland (73.8 tons)
- Norway (20.6 tons)
- Latvia (15.3 tons)
- Denmark (10.4 tons)
- Italy (8.4 tons)
- Greece (3.6 tons)
- Germany (1.9 tons)
This report provides an in-depth analysis of the virgin olive oil market in Sweden. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 261 - Oil of Olives, Virgin
Country coverage:
- Sweden
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sweden
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the virgin olive oil market in Sweden.
This report provides an in-depth analysis of the olive oil market in Sweden.
This report provides an in-depth analysis of the refined olive oil market in Sweden.
This report provides an in-depth analysis of the global virgin olive oil market.
This report provides an in-depth analysis of the global olive oil market.
This report provides an in-depth analysis of the global refined olive oil market.
This report provides an in-depth analysis of the virgin olive oil market in Sweden.
This report provides an in-depth analysis of the olive oil market in Sweden.
This report provides an in-depth analysis of the refined olive oil market in Sweden.
This report provides an in-depth analysis of the global virgin olive oil market.
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