Price for Offal, Edible; of Swine, Fresh or Chilled in Sweden - 2023
Contents:
- Price for Offal, Edible; of Swine, Fresh or Chilled in Sweden (CIF) - 2023
- Price for Offal, Edible; of Swine, Fresh or Chilled in Sweden (FOB) - 2023
- Imports of Offal, Edible; of Swine, Fresh or Chilled in Sweden
- Exports of Offal, Edible; of Swine, Fresh or Chilled in Sweden
Price for Offal, Edible; of Swine, Fresh or Chilled in Sweden (CIF) - 2023
In October 2023, the average import price for offal, edible; of swine, fresh or chilled amounted to $461 per ton, reducing by -44% against the previous month. Over the period under review, the import price recorded a deep slump. The pace of growth was the most pronounced in March 2023 when the average import price increased by 28% against the previous month. The import price peaked at $1,712 per ton in May 2023; however, from June 2023 to October 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was the UK ($622 per ton), while the price for Norway amounted to $428 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Finland (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Offal, Edible; of Swine, Fresh or Chilled in Sweden (FOB) - 2023
In September 2023, the average export price for offal, edible; of swine, fresh or chilled amounted to $814 per ton, waning by -30.1% against the previous month. Overall, the export price, however, posted resilient growth. The growth pace was the most rapid in August 2023 an increase of 59% month-to-month. As a result, the export price attained the peak level of $1,165 per ton, and then reduced markedly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($835 per ton), while the average price for exports to Germany stood at $549 per ton.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+3.9%).
Imports of Offal, Edible; of Swine, Fresh or Chilled in Sweden
In 2022, overseas purchases of offal, edible; of swine, fresh or chilled decreased by -3.9% to 73K tons, falling for the second year in a row after two years of growth. Overall, imports saw a mild reduction. The pace of growth appeared the most rapid in 2020 with an increase of 9.7% against the previous year. As a result, imports attained the peak of 83K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of offal, edible; of swine, fresh or chilled skyrocketed to $56M in 2022. The total import value increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 33% against the previous year. As a result, imports reached the peak of $59M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Offal, Edible; of Swine, Fresh or Chilled in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 14.1 | 20.6 | 17.5 | 25.0 | 21.0% |
| Denmark | 3.2 | 4.8 | 4.1 | 7.1 | 30.4% |
| Germany | 14.9 | 17.5 | 11.6 | 6.9 | -22.6% |
| Ireland | 2.7 | 4.2 | 3.6 | 3.7 | 11.1% |
| Poland | 2.0 | 3.1 | 2.5 | 2.9 | 13.2% |
| France | 1.6 | 1.8 | 1.5 | 2.3 | 12.9% |
| Cyprus | 1.2 | 1.7 | 1.5 | 2.0 | 18.6% |
| United Kingdom | 1.6 | 1.6 | 1.2 | 1.3 | -6.7% |
| Finland | 0.2 | 0.2 | 0.1 | 1.0 | 71.0% |
| Others | 3.2 | 3.8 | 3.2 | 4.0 | 7.7% |
| Total | 44.7 | 59.4 | 46.7 | 56.2 | 7.9% |
Top Suppliers of Offal, Edible; of Swine, Fresh or Chilled to Sweden in 2022:
- Spain (32.3K tons)
- Denmark (9.2K tons)
- Germany (8.1K tons)
- Ireland (5.2K tons)
- Poland (3.5K tons)
- France (2.8K tons)
- Cyprus (2.3K tons)
- Finland (1.6K tons)
- United Kingdom (1.5K tons)
Exports of Offal, Edible; of Swine, Fresh or Chilled in Sweden
For the third year in a row, Sweden recorded decline in overseas shipments of offal, edible; of swine, fresh or chilled, which decreased by -41% to 5.3K tons in 2022. Over the period under review, exports faced a precipitous curtailment. The smallest decline of -7.1% was in 2021.
In value terms, exports of offal, edible; of swine, fresh or chilled dropped remarkably to $2.4M in 2022. Overall, exports saw a deep slump. The smallest decline of -3.6% was in 2021.
| Export of Offal, Edible; of Swine, Fresh or Chilled in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 0.3 | 0.4 | 0.5 | 1.4 | 67.1% |
| Germany | 2.3 | 2.6 | 1.9 | 0.7 | -32.7% |
| Singapore | N/A | N/A | 0.3 | 0.2 | -33.3% |
| Others | 0.7 | 0.1 | 0.3 | 0.1 | -47.7% |
| Total | 3.4 | 3.1 | 3.0 | 2.4 | -11.0% |
Top Export Markets for Offal, Edible; of Swine, Fresh or Chilled from Sweden in 2022:
- Denmark (3.1K tons)
- Germany (2.0K tons)
- Singapore (0.1K tons)
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