Finland - Cherries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCherry Price in Finland - 2023
Contents:
- Cherry Price in Finland (CIF) - 2023
- Cherry Price in Finland (FOB) - 2022
- Cherry Imports in Finland
- Cherry Exports in Finland
Cherry Price in Finland (CIF) - 2023
The average cherry import price stood at $5,328 per ton in August 2023, rising by 4.3% against the previous month. Over the period under review, import price indicated a temperate increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, cherry import price decreased by -31.1% against June 2023 indices. The pace of growth appeared the most rapid in June 2023 an increase of 37% against the previous month. As a result, import price attained the peak level of $7,729 per ton. From July 2023 to August 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the highest price was recorded for prices from Greece ($5,644 per ton) and the Netherlands ($5,248 per ton), while the price for Spain ($4,231 per ton) and Belgium ($4,577 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Greece (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Cherry Price in Finland (FOB) - 2022
The average cherry export price stood at $5,643 per ton in 2022, dropping by -6.1% against the previous year. Overall, the export price, however, enjoyed a slight expansion. The most prominent rate of growth was recorded in 2021 when the average export price decreased by -5.6% against the previous year. Over the period under review, the average export prices hit record highs at $6,367 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($17,750 per ton), while the average price for exports to Estonia totaled $5,394 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+1.2%).
Cherry Imports in Finland
In 2022, overseas purchases of cherries decreased by -36.9% to 572 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 18% against the previous year.
In value terms, cherry imports fell significantly to $2.6M in 2022. Over the period under review, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 18%.
| Import of Cherry in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,865 | 409 | 1,143 | 965 | -19.7% |
| Netherlands | 314 | 603 | 622 | 745 | 33.4% |
| Greece | 442 | 644 | 547 | 493 | 3.7% |
| Sweden | 313 | 144 | 180 | 153 | -21.2% |
| Germany | 285 | 1,798 | 1,866 | 115 | -26.1% |
| Belgium | 287 | 162 | 88.0 | 100 | -29.6% |
| Estonia | 7.2 | 4.4 | 102 | 48.8 | 89.2% |
| Lithuania | N/A | 131 | 63.2 | 18.9 | -62.0% |
| Italy | 379 | N/A | N/A | N/A | 0% |
| Turkey | 848 | N/A | N/A | N/A | 0% |
| Others | 41.7 | 42.3 | 41.0 | 11.7 | -34.5% |
| Total | 4,782 | 3,938 | 4,651 | 2,650 | -17.9% |
Top Suppliers of Cherry to Finland in 2022:
- Spain (211.8 tons)
- Netherlands (138.9 tons)
- Greece (123.8 tons)
- Sweden (32.1 tons)
- Germany (23.6 tons)
- Belgium (21.8 tons)
- Estonia (12.0 tons)
- Lithuania (7.0 tons)
Cherry Exports in Finland
In 2022, approx. 1.8 tons of cherries were exported from Finland; increasing by 47% against 2021 figures. In general, total exports indicated a resilient increase from 2020 to 2022: its volume increased at an average annual rate of +6.8% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cherry exports skyrocketed to $10K in 2022. Overall, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cherry in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Estonia | 10.0 | 7.3 | 9.5 | -2.5% | |
| China | N/A | N/A | 0.6 | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 10.0 | 7.3 | 10.1 | 0.5% | |
Top Export Markets for Cherry from Finland in 2022:
- Estonia (1755.0 kg)
- China (36.0 kg)
This report provides an in-depth analysis of the cherry 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:
- FCL 531 - Cherries
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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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