Sweden: Prepared Frozen Vegetable Market 2022

Prepared Frozen Vegetable Market Size in Sweden

After two years of growth, the Swedish prepared frozen vegetable market decreased by -X% to $X in 2020. In general, consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Prepared Frozen Vegetable Production in Sweden

In value terms, prepared frozen vegetable production surged to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a strong expansion from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level in 2020 and is likely to see gradual growth in the immediate term.

Prepared Frozen Vegetable Exports

Exports from Sweden

In 2020, approx. X tons of frozen vegetables and mixtures of vegetables (prepared or preserved) were exported from Sweden; picking up by X% against 2019 figures. In general, exports, however, continue to indicate a mild shrinkage. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. As a result, exports reached the peak of X tons. from 2011 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, prepared frozen vegetable exports surged to $X in 2020. The total export value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Over the period under review, exports hit record highs in 2020 and are likely to see steady growth in the immediate term.

Exports by Country

Finland (X tons), Denmark (X tons) and Germany (X tons) were the main destinations of prepared frozen vegetable exports from Sweden, with a combined X% share of total exports. China, Norway, the United States, Belgium, Poland, Russia, Taiwan (Chinese), the UK, Italy and Switzerland lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in China (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prepared frozen vegetable exported from Sweden were Finland ($X), Denmark ($X) and Germany ($X), together comprising X% of total exports. These countries were followed by the United States, Norway, Belgium, Poland, Russia, Taiwan (Chinese), the UK, China, Italy and Switzerland, which together accounted for a further X United States (+X% per year) saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average prepared frozen vegetable export price stood at $X per ton in 2020, increasing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. The export price peaked in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United States, while the prices for the other major destinations experienced more modest paces of growth.

Prepared Frozen Vegetable Imports

Imports into Sweden

In 2020, overseas purchases of frozen vegetables and mixtures of vegetables (prepared or preserved) decreased by -X% to X tons, falling for the second consecutive year after four years of growth. In general, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Imports peaked at X tons in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, prepared frozen vegetable imports declined remarkably to $X in 2020. Over the period under review, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Germany (X tons) constituted the largest prepared frozen vegetable supplier to Sweden, with a X% share of total imports. Moreover, prepared frozen vegetable imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. The third position in this ranking was occupied by the Netherlands (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and the Netherlands (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of prepared frozen vegetable to Sweden, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Belgium (+X% per year).

Import Prices by Country

In 2020, the average prepared frozen vegetable import price amounted to $X per ton, shrinking by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs at $X per ton in 2019, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the Netherlands ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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