Soups and broths market in Sweden

Earlier Report Observations

The Swedish soups and broths market experienced a rise in demand during the COVID-19 pandemic in 2020, as consumers shifted toward convenient, nutritious food for home consumption. This trend was reinforced by a growing preference for healthier, plant-based, and organic products, which supported a market volume increase to 27 566 t in 2021. The entry of new players like Stockpot, offering fresh, additive-free broths to retail and institutional channels, added further momentum.

In 2022, inflation and geopolitical tensions from the war in Ukraine introduced cost pressures and uncertainty, contributing to a slight market stabilization at 27 272 t. Despite these headwinds, continuous innovation—such as the launch of protein-rich and collagen broths—along with strong consumer focus on organic and low-salt options, fueled a recovery in 2023, driving volume to 28 755 t.

By 2024, the market volume declined to 24 899 t amid persistent economic challenges. Throughout the period, smaller local producers expanded their presence, catering to sustained consumer trends favoring natural ingredients, minimal additives, and higher quality, which reshaped the competitive landscape.

Production soups and broths in Sweden

In value, 2017-2020, K $ US

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

In kind, 2017-2020, t

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

Exports soups and broths from Sweden

Exports in kind, t

Sweden's exports of soups and broths have declined for the third year in a row. In 2020, exports totaled 3 684 tonnes, representing a modest decrease of 6.2% compared to the previous year. Over the period from 2017 to 2020, exports fell by 27.4%, with an average annual decline of 10.1%.

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

From 2017 to 2020, Norway, Finland, and Denmark were the largest destinations for Sweden's soups and broths exports in volume terms. Norway accounted for 27.5% of exports, Finland for 20.1%, and Denmark for 18.8%. Together, these three countries made up 66.4% 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 two years of decline, Sweden's soups and broths exports in value terms showed an increase. In 2020, exports reached 13 755 thousand US dollars, marking a gain of 1.7% over the previous year. However, over the 2017-2020 period, exports decreased by 25.6%, with an average annual decline of 9.4%. The lowest value was recorded in 2019 at 13 523 thousand US dollars, and the largest decline occurred in 2018 with a drop of 14.7%.

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

Between 2017 and 2020, Norway, Denmark, and Finland were the main markets for Sweden's soups and broths exports in value terms. Norway absorbed 32.2% of exports, Denmark 18.7%, and Finland 17.7%. Combined, these three countries accounted for 68.6% 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 soups and broths to Sweden

Imports in kind, t

Following a two-year decrease, Sweden's imports of soups and broths in volume terms rose in 2020. Imports amounted to 20 896 tonnes, up by 3.1% compared to the previous year. Over the 2017-2020 period, imports decreased by 8.4%, with an average annual decline of 2.9%. The lowest volume was recorded in 2019 at 20 272 tonnes, which also saw the largest decline of 7.6%.

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

From 2017 to 2020, the market for Sweden's soups and broths imports in volume terms was diverse. Denmark, Austria, and Italy were the top sources, accounting for 22.5%, 14.0%, and 13.0% of imports, respectively. Together, they made up just 49.6% of total flows, with the remaining 50.4% shared among numerous other countries.

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

After two years of reduction, Sweden's soups and broths imports in value terms increased in 2020. Imports totaled 59 023 thousand US dollars, reflecting a moderate gain of 6.0% compared to 2019. Over the 2017-2020 period, imports decreased by 6.5%, equating to an average annual decline of 2.2%. The minimum value was recorded in 2019 at 55 700 thousand US dollars, which also experienced the largest decline of 11.4%.

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

Between 2017 and 2020, Sweden's soups and broths imports in value terms were spread across a wide range of partner countries. Belgium, Denmark, and Austria were the leading sources, accounting for 16.6%, 15.8%, and 13.8% of imports, respectively. Together, they comprised just 46.2% of total flows, indicating a highly diversified import market.

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

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