Lentil Market in Sweden
Market Overview
The Swedish lentil market fell to $
in , which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw strong growth. Lentil consumption peaked at $ in 2017; however, from 2018 to , consumption failed to regain momentum.
in , which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw strong growth. Lentil consumption peaked at $ in 2017; however, from 2018 to , consumption failed to regain momentum.Consumption
Lentil consumption in Sweden declined dramatically to tonnes in , dropping by -% compared with . Over the period under review, consumption, however, saw a remarkable increase. Lentil consumption peaked at tonnes in , and then fell dramatically in the following year.
The revenue of the lentil market in Sweden reduced to $ in , dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, posted a buoyant expansion. Lentil consumption peaked at $ in 2017; however, from 2018 to , consumption remained at a lower figure.
tonnes in , dropping by -% compared with . Over the period under review, consumption, however, saw a remarkable increase. Lentil consumption peaked at tonnes in , and then fell dramatically in the following year.The revenue of the lentil market in Sweden reduced to $
in , dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, posted a buoyant expansion. Lentil consumption peaked at $ in 2017; however, from 2018 to , consumption remained at a lower figure.Market Forecast
Driven by increasing demand for lentil in Sweden, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tonnes by the end of .
% for the period from to , which is projected to bring the market volume to tonnes by the end of .Trade Balance
Sweden remains a net importer of lentil; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tonnes, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tonnes, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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