Sweden: Pork Market 2022

Pork Market Size in Sweden

The Swedish pork market fell to $X in 2021, reducing by -X% against the previous year. Over the period under review, consumption continues to indicate a noticeable curtailment. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Pork Production in Sweden

In value terms, pork production contracted to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

In 2021, the average yield of pork in Sweden declined to X kg per head, approximately reflecting the previous year. In general, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the yield increased by X%. Over the period under review, the average pork yield hit record highs at X kg per head in 2018; however, from 2019 to 2021, the yield stood at a somewhat lower figure.

In 2021, number of animals slaughtered for pork production in Sweden reduced modestly to X heads, remaining relatively unchanged against the year before. Over the period under review, the number of producing animals, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the amount of animals produced attained the peak level of X heads. From 2019 to 2021, the growth of this number failed to regain momentum.

Pork Exports

Exports from Sweden

After two years of decline, shipments abroad of pork increased by X% to X tons in 2021. In general, exports, however, recorded a mild curtailment. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, pork exports soared to $X in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Poland (X tons) was the main destination for pork exports from Sweden, accounting for a X% share of total exports. Moreover, pork exports to Poland exceeded the volume sent to the second major destination, New Zealand (X tons), twofold. South Korea (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Poland totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-X% per year) and South Korea (+X% per year).

In value terms, Poland ($X) remains the key foreign market for pork exports from Sweden, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with an X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Poland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-X% per year) and Germany (+X% per year).

Export Prices by Country

The average pork export price stood at $X per ton in 2021, growing by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Pork Imports

Imports into Sweden

In 2021, supplies from abroad of pork decreased by -X% to X tons, falling for the eighth consecutive year after two years of growth. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, pork imports dropped to $X in 2021. Over the period under review, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), Denmark (X tons) and Poland (X tons) were the main suppliers of pork imports to Sweden, with a combined X% share of total imports. These countries were followed by Finland, the Netherlands and Spain, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Denmark ($X) and Poland ($X) were the largest pork suppliers to Sweden, together accounting for X% of total imports. These countries were followed by the Netherlands, Finland and Spain, which together accounted for a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average pork import price stood at $X per ton in 2021, which is down by -X% against the previous year. Overall, the import price showed a pronounced reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

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