Finland - Canned Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCanned Meat Price in Finland - 2023
Contents:
- Canned Meat Price in Finland (CIF) - 2023
- Canned Meat Price in Finland (FOB) - 2023
- Canned Meat Imports in Finland
- Canned Meat Exports in Finland
Canned Meat Price in Finland (CIF) - 2023
The average canned meat import price stood at $6,687 per ton in July 2023, rising by 2.6% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 6.9% m-o-m. As a result, import price reached the peak level of $6,694 per ton; afterwards, it flattened through to July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Estonia ($9,633 per ton), while the price for the Netherlands ($4,852 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Estonia (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Canned Meat Price in Finland (FOB) - 2023
In July 2023, the average canned meat export price amounted to $7,754 per ton, surging by 9.4% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 10% m-o-m. Over the period under review, the average export prices hit record highs at $8,077 per ton in May 2023; however, from June 2023 to July 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In July 2023, the highest price was recorded for prices to Germany ($8,300 per ton) and Lithuania ($8,021 per ton), while the average price for exports to Latvia ($7,193 per ton) and Estonia ($7,600 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Canned Meat Imports in Finland
In 2022, canned meat imports into Finland surged to 22K tons, with an increase of 20% on the year before. The total import volume increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, canned meat imports surged to $124M in 2022. The total import value increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Canned Meat in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 28.7 | 23.3 | 24.8 | 30.0 | 1.5% |
| Denmark | 6.4 | 13.0 | 15.5 | 18.5 | 42.5% |
| Sweden | 19.5 | 16.2 | 15.2 | 16.7 | -5.0% |
| Netherlands | 2.2 | 3.2 | 7.6 | 15.0 | 89.6% |
| Estonia | 19.6 | 11.4 | 10.8 | 12.8 | -13.2% |
| Ireland | 9.4 | 7.8 | 8.8 | 7.6 | -6.8% |
| Poland | 7.9 | 3.5 | 4.5 | 7.1 | -3.5% |
| Thailand | 7.9 | N/A | N/A | N/A | 0% |
| Others | 12.1 | 13.9 | 13.4 | 16.2 | 10.2% |
| Total | 114 | 92.3 | 101 | 124 | 2.8% |
Top Suppliers of Canned Meat to Finland in 2022:
- Germany (6.0K tons)
- Denmark (3.6K tons)
- Netherlands (3.0K tons)
- Sweden (2.7K tons)
- Estonia (1.7K tons)
- Poland (1.2K tons)
- Ireland (0.9K tons)
Canned Meat Exports in Finland
In 2022, exports of canned meat from Finland skyrocketed to 1.8K tons, with an increase of 49% compared with 2021 figures. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 98% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, canned meat exports soared to $12M in 2022. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 97%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Canned Meat in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 3.2 | 3.0 | 7.7 | 9.8 | 45.2% |
| Estonia | 2.3 | 1.8 | 1.8 | 1.5 | -13.3% |
| Lithuania | N/A | N/A | N/A | 0.2 | 0% |
| Latvia | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Total | 5.7 | 4.9 | 9.7 | 11.9 | 27.8% |
Top Export Markets for Canned Meat from Finland in 2022:
- Sweden (1510.8 tons)
- Estonia (231.5 tons)
- Latvia (28.6 tons)
- Lithuania (28.6 tons)
This report provides an in-depth analysis of the canned meat market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10861010 - Homogenised preparations of meat, meat offal or blood (excluding sausages and similar products of meat, food preparations based on these products)
- Prodcom 10131505 - Prepared or preserved goose or duck liver (excluding sausages and prepared meals and dishes)
- Prodcom 10131515 - Prepared or preserved liver of other animals (excluding sausages and prepared meals and dishes)
- Prodcom 10131525 - Prepared or preserved meat or offal of turkeys (excluding sausages, preparations of liver and prepared meals and dishes)
- Prodcom 10131535 - Other prepared or preserved poultry meat (excluding sausages, preparations of liver and prepared meals and dishes)
- Prodcom 10131545 - Prepared or preserved meat of swine: hams and cuts thereof (excluding prepared meals and dishes)
- Prodcom 10131555 - Prepared or preserved meat of swine: shoulders and cuts thereof, of swine (excluding prepared meals and dishes)
- Prodcom 10131565 - Prepared or preserved meat, offal and mixtures of domestic swine, including mixtures, containing < .40 % meat or offal of any kind and fats of any kind (excluding sausages and similar products, homogenised preparations, preparations of liver and prepared meals and dishes)
- Prodcom 10131575 - Other prepared or preserved meat, offal and mixtures of
- Prodcom 10131585 - Prepared or preserved meat or offal of bovine animals (excluding sausages and similar products, homogenised preparations, preparations of liver and prepared meals and dishes)
- Prodcom 10131595 - Other prepared or preserved meat or offal, including blood
Country coverage:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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