Unfit-for-human-consumption meat or fish flours and greaves market in Sweden

Earlier Report Observations

Between 2020 and 2024, the Swedish market volume for unfit-for-human-consumption meat and fish flours experienced significant fluctuations. After a moderate decline in 2021, the market contracted sharply in 2022 to around 10 000 t, down by nearly half from the previous year. This was followed by a recovery in 2023 and a further surge in 2024, when market volume reached 23 300 t, exceeding pre-2022 levels.

In monetary terms, the market value remained relatively stable from 2020 to 2024, hovering between 14.0 million and 14.8 million US dollars. This stability in value alongside volatile physical volumes suggests concurrent shifts in unit prices or the mix of products traded.

For 2024, regulatory developments included new animal welfare legislation, updated rules for the registration of aquatic animals in commercial activities, and a heightened focus on traceability and Swedish origin labeling for meat products. These measures could influence the supply chain for raw materials used in producing animal flours and greaves.

Production unfit-for-human-consumption meat or fish flours and greaves 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 unfit-for-human-consumption meat or fish flours and greaves from Sweden

Exports in kind, t

Sweden's exports of foreign unfit-for-human-consumption meat or fish flours and greaves have increased for the third year in a row. In 2019, exports stood at a certain level, but by 2020 they surged to 14 468 tons, marking a sharp 36.0% rise from the previous year. Looking at the broader period from 2017 to 2020, exports grew by an impressive 1 110.7%, which translates to a compound annual growth rate of 129.6%.

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

From 2017 to 2020, Denmark, Malaysia, and Belgium were the top contributors to Sweden's exports in kind. Denmark accounted for 37.2% of the total, Malaysia for 26.3%, and Belgium for 18.2%. Together, these three countries made up 81.8% of all export flows during this period.

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

Sweden's exports of unfit-for-human-consumption meat or fish flours and greaves in value terms have also risen for the third consecutive year. In 2020, the export value reached 3 526 thousand US dollars, showing a significant 32.8% increase compared to 2019. Over the four-year span from 2017 to 2020, exports surged by 2 019.8%, with an annualized growth rate of 176.8%.

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

Between 2017 and 2020, Denmark, Malaysia, and Hungary emerged as the primary markets for Sweden's exports in value terms. Denmark led with 40.3% of the total export value, followed by Malaysia at 12.3%, and Hungary at 9.1%. Collectively, these three countries represented 61.8% of all export flows.

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

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

Imports unfit-for-human-consumption meat or fish flours and greaves to Sweden

Imports in kind, t

In 2020, Sweden's imports of unfit-for-human-consumption meat or fish flours and greaves in volume terms totaled 25 802 tons, reflecting an 8.2% increase from 2019. Over the period from 2017 to 2020, imports grew by 10.6%, averaging an annualized rate of 3.4%. The peak volume was recorded in 2018 at 26 383 tons, which also saw the largest increase of 13.0%. In contrast, 2019 experienced the largest decline, with a drop of 9.6%.

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

From 2017 to 2020, Norway and Denmark were the dominant sources for Sweden's imports in kind, together accounting for 81.0% of total import flows. Other countries played a relatively minor role, with comparatively modest shares during this timeframe.

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 unfit-for-human-consumption meat or fish flours and greaves in value terms have declined for the second year in a row. In 2020, imports were recorded at 16 971 thousand US dollars, indicating a substantial 11.8% decrease from the previous year. Over the 2017-2020 period, imports fell by 10.3%, with a compound annual growth rate of -3.6%. The highest value was in 2018 at 21 091 thousand US dollars, which also saw the largest increase of 11.5%.

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

During 2017-2020, Norway, Denmark, and the Netherlands held the largest shares of Sweden's imports in value terms. Norway contributed 51.6%, Denmark 28.1%, and the Netherlands 9.8%. Combined, these three countries made up 89.5% of total import flows.

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

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