Enzymes and prepared enzymes market in Sweden

Earlier Report Observations

Between 2018 and 2023, Swedish imports of enzymes and prepared enzymes increased from 1,958 tons to 2,522 tons, peaking at 2,662 tons in 2021, while export volumes gradually declined from 841 tons to 379 tons. In value terms, imports reached a high of $52 million in 2021. This trade shift supported market volume growth in physical terms, rising from 1,753 tons in 2020 to 1,851 tons in 2021.

The market expanded sharply in 2024, with imports jumping to 5,065 tons and market volume reaching 4,562 tons. This surge was driven by updated food regulations, including Livsmedelsverket's new rules on extraction solvents and standards for enzyme products, which stimulated demand for imported enzymes. Concurrently, a growing focus on sustainable industrial solutions, such as EnginZyme's technology for converting whey into valuable products, and the specialization of companies like Genovis in enzymes for biopharmaceutical analysis, broadened market segments and reinforced innovation-driven growth.

Production enzymes and prepared enzymes in Sweden

In value, 2017-2020, $ US

Annual dynamics of production in Sweden in value, 2017-2020, $ US

In kind, 2017-2020, kg

Annual dynamics of production in Sweden in kind, 2017-2020, kg

Exports enzymes and prepared enzymes from Sweden

Exports in kind, t

Sweden's exports of enzymes and prepared enzymes declined for the second year in a row. In 2020, export volume reached 754 tons, marking a 1.2% decrease from 2019. Between 2017 and 2020, exports grew by 24%, which translates to an annualized rate of 7.4%. The highest export volume was recorded in 2018 at 841 tons, with the largest annual increase of 38.4% occurring that same year. In contrast, the most significant decline was observed in 2019, when exports fell by 9.3%.

Annual dynamics of product's exports from Sweden in kind, 2017-2020, t

From 2017 to 2020, France, the United States, and Norway were the primary destinations for Sweden's enzyme exports in volume terms. France accounted for 27.0% of exports, followed by the United States at 23.9%, and Norway at 8.6%. Together, these three countries represented 59.5% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Sweden in kind, 2017-2020

Exports in value, K $ US

After rising for two consecutive years, Sweden's exports of enzymes and prepared enzymes in value terms declined. In 2020, exports totaled 9 891 thousand US dollars, a 10.3% drop compared to 2019. Over the period from 2017 to 2020, exports increased by 14.2%, with a compound annual growth rate of 4.5%. The peak value was recorded in 2019 at 11 026 thousand US dollars, while the largest annual increase of 21.1% occurred in 2018.

Annual dynamics of product's exports from Sweden in value, 2017-2020, K $ US

Between 2017 and 2020, the United States, France, and Denmark were the top destinations for Sweden's enzyme exports in value terms. The United States held a 24.1% share, France accounted for 21.1%, and Denmark made up 9.7%. Combined, these three countries represented 54.8% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Sweden in value, 2017-2020

Imports enzymes and prepared enzymes to Sweden

Imports in kind, t

Sweden's imports of enzymes and prepared enzymes increased for the second consecutive year. In 2020, import volume amounted to 2 502 tons, showing a solid 22.6% rise from 2019. From 2017 to 2020, imports grew by 20.4%, equivalent to an annualized rate of 6.4%. The lowest import volume was recorded in 2018 at 1 958 tons, with the largest annual decline of 5.8% also occurring that year.

Annual dynamics of product's imports to Sweden in kind, 2017-2020, t

From 2017 to 2020, Denmark, the Netherlands, and Finland were the largest suppliers of enzymes and prepared enzymes to Sweden in volume terms. Denmark contributed 26.8% of imports, the Netherlands accounted for 26.2%, and Finland made up 18.6%. Together, these three countries formed 71.6% of total import volume.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Sweden in kind, 2017-2020

Imports in value, K $ US

Sweden's imports of enzymes and prepared enzymes in value terms increased for the second year in a row. In 2020, imports reached 50 014 thousand US dollars, representing a sharp 53.3% improvement compared to the previous year. Over the period from 2017 to 2020, imports rose by 54.6%, with a compound annual growth rate of 15.6%. The lowest value was recorded in 2018 at 31 540 thousand US dollars, while the largest annual decline of 2.5% also occurred in 2018.

Annual dynamics of product's imports to Sweden in value, 2017-2020, K $ US

Between 2017 and 2020, Germany, the Netherlands, and Denmark were the main sources for Sweden's enzyme imports in value terms. Germany accounted for 29.4% of imports, the Netherlands held an 18.8% share, and Denmark contributed 14.4%. Combined, these three countries represented 62.6% of total import value.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Sweden in value, 2017-2020