Sweden: Market for Frozen Pig Meat Other Than Cuts Or Carcases 2024

Market Size for Frozen Pig Meat Other Than Cuts Or Carcases in Sweden

In 2022, the Swedish market for frozen pig meat other than cuts or carcases was finally on the rise to reach $X for the first time since 2015, thus ending a six-year declining trend. In general, consumption, however, saw a abrupt decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Frozen Pig Meat Other Than Cuts Or Carcases in Sweden

In value terms, production of frozen pig meat other than cuts or carcases shrank rapidly to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of 62% against the previous year. Production of peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Frozen Pig Meat Other Than Cuts Or Carcases

Exports from Sweden

In 2022, exports of frozen pig meat other than cuts or carcases from Sweden shrank rapidly to X tons, waning by -19.7% on 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 101%. As a result, the exports attained the peak of X tons, and then dropped remarkably in the following year.

In value terms, exports of frozen pig meat other than cuts or carcases dropped to $X in 2022. Overall, exports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 66%. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

New Zealand (X tons), Denmark (X tons) and South Korea (X tons) were the main destinations of exports of frozen pig meat other than cuts or carcases from Sweden, together accounting for 69% of total exports. Taiwan (Chinese), Poland, New Caledonia, Norway, the Philippines, Cote d'Ivoire and Australia lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of +1,373.0%), while the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X) remains the key foreign market for frozen pig meat other than cuts or carcases exports from Sweden, comprising 45% of total exports. The second position in the ranking was taken by South Korea ($X), with a 13% share of total exports. It was followed by Taiwan (Chinese), with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to New Zealand amounted to -1.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+1.4% per year) and Taiwan (Chinese) (+31.5% per year).

Export Prices by Country

In 2022, the average export price for frozen pig meat other than cuts or carcases amounted to $X per ton, growing by 17% against the previous year. Over the period under review, the export price, however, showed a perceptible setback. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Cote d'Ivoire ($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 Russia (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Pig Meat Other Than Cuts Or Carcases

Imports into Sweden

In 2022, purchases abroad of frozen pig meat other than cuts or carcases increased by 7.4% to X tons, rising for the second consecutive year after five years of decline. Overall, imports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of frozen pig meat other than cuts or carcases surged to $X in 2022. In general, imports, however, recorded a abrupt decline. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Denmark (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of imports of frozen pig meat other than cuts or carcases to Sweden, with a combined 84% share of total imports. Poland, Finland, Italy and Ireland lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of +6.7%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest frozen pig meat other than cuts or carcases suppliers to Sweden were Denmark ($X), Germany ($X) and the Netherlands ($X), with a combined 80% share of total imports.

The Netherlands, with a CAGR of +6.6%, 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 mixed trend patterns.

Import Prices by Country

The average import price for frozen pig meat other than cuts or carcases stood at $X per ton in 2022, picking up by 7.1% against the previous year. Overall, the import price, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2017 an increase of 13% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+11.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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