Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sweden - 2023
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sweden (CIF) - 2023
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sweden (FOB) - 2023
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sweden
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sweden
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sweden (CIF) - 2023
In November 2023, the average import price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $3,645 per ton, growing by 2.4% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 44% against the previous month. Over the period under review, average import prices attained the peak figure at $3,798 per ton in April 2023; however, from May 2023 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Norway ($6,276 per ton), while the price for Denmark ($1,846 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Norway (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sweden (FOB) - 2023
The average export price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $4,972 per ton in November 2023, picking up by 10% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 11% against the previous month. Over the period under review, the average export prices attained the peak figure in November 2023.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Norway ($7,044 per ton), while the average price for exports to Finland ($3,746 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sweden
In 2022, approx. 28K tons of soups and broths and preparations therefor; homogenised composite food preparationses were imported into Sweden; increasing by 6% compared with 2021 figures. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 11%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses expanded remarkably to $78M in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 9.7 | 12.8 | 12.5 | 13.0 | 10.3% |
| Denmark | 10.9 | 10.8 | 12.2 | 12.0 | 3.3% |
| Spain | 6.3 | 6.4 | 7.3 | 9.7 | 15.5% |
| Czech Republic | N/A | 1.7 | 5.9 | 7.9 | 115.6% |
| Germany | 4.3 | 5.5 | 5.1 | 5.6 | 9.2% |
| Netherlands | 2.1 | 1.4 | 2.6 | 5.4 | 37.0% |
| Portugal | 2.1 | 4.9 | 5.6 | 4.2 | 26.0% |
| Finland | 2.3 | 2.7 | 2.5 | 2.9 | 8.0% |
| Austria | 8.1 | 9.4 | 2.7 | 2.7 | -30.7% |
| Croatia | 2.2 | 2.3 | 2.5 | 2.3 | 1.5% |
| Italy | 7.7 | 2.7 | 2.4 | 2.1 | -35.2% |
| Romania | N/A | 0.6 | 1.4 | 2.0 | 82.6% |
| Poland | 4.8 | 3.5 | 3.0 | 1.6 | -30.7% |
| Others | 8.9 | 8.6 | 5.9 | 6.2 | -11.4% |
| Total | 69.3 | 73.3 | 71.6 | 77.5 | 3.8% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Sweden in 2022:
- Denmark (7.7K tons)
- Belgium (3.7K tons)
- Spain (2.8K tons)
- Czech Republic (2.6K tons)
- Netherlands (2.1K tons)
- Germany (1.5K tons)
- Portugal (1.4K tons)
- Austria (1.2K tons)
- Italy (0.9K tons)
- Poland (0.8K tons)
- Finland (0.7K tons)
- Croatia (0.6K tons)
- Romania (0.5K tons)
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sweden
In 2022, approx. 5K tons of soups and broths and preparations therefor; homogenised composite food preparationses were exported from Sweden; shrinking by -8.6% compared with 2021 figures. Overall, exports saw a noticeable shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 0.3% against the previous year.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses shrank to $19M in 2022. Over the period under review, exports recorded a perceptible downturn. The growth pace was the most rapid in 2020 when exports increased by 3.9% against the previous year. As a result, the exports attained the peak of $22M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 5.7 | 6.3 | 7.8 | 6.7 | 5.5% |
| Finland | 4.6 | 4.3 | 4.4 | 4.5 | -0.7% |
| Denmark | 3.2 | 4.3 | 4.4 | 4.4 | 11.2% |
| Germany | 1.7 | 2.4 | 1.5 | 1.5 | -4.1% |
| Netherlands | 0.8 | 0.8 | 1.3 | 0.4 | -20.6% |
| Spain | 1.4 | 1.3 | 0.5 | 0.4 | -34.1% |
| Belgium | 0.6 | 0.5 | 0.4 | 0.2 | -30.7% |
| Others | 3.1 | 2.0 | 1.5 | 1.2 | -27.1% |
| Total | 21.0 | 21.8 | 21.7 | 19.4 | -2.6% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Sweden in 2022:
- Norway (1580.1 tons)
- Finland (1310.6 tons)
- Denmark (1212.2 tons)
- Germany (379.2 tons)
- Netherlands (100.4 tons)
- Spain (97.6 tons)
- Belgium (68.5 tons)
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