Report Update: Apr 1, 2024

Finland - Fresh Or Chilled Carcases Of Beef And Veal - Market Analysis, Forecast, Size, Trends And Insights

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Fresh Beef Carcase Price in Finland - 2023

Fresh Beef Carcase Price in Finland (CIF) - 2023

In June 2023, the average fresh beef carcase import price amounted to $5,375 per ton, declining by -9.7% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.0%. The pace of growth was the most pronounced in April 2023 an increase of 18% against the previous month. Over the period under review, average import prices attained the maximum at $5,954 per ton in May 2023, and then declined in the following month.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($15,894 per ton), while the price for Denmark ($4,653 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Fresh Beef Carcase Price in Finland (FOB) - 2023

In June 2023, the average fresh beef carcase export price amounted to $7,088 per ton, rising by 3.2% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 7.9% against the previous month. The export price peaked in June 2023.

Average prices varied somewhat for the major export markets. In June 2023, the country with the highest price was Denmark ($7,365 per ton), while the average price for exports to Spain amounted to $5,445 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+55.0%), while the prices for the other major destinations experienced more modest paces of growth.

Fresh Beef Carcase Imports in Finland

For the fourth year in a row, Finland recorded growth in supplies from abroad of fresh or chilled carcases of beef and veal, which increased by 4.4% to 5.2K tons in 2022. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 48%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, fresh beef carcase imports rose significantly to $18M in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 71%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Fresh Beef Carcase in Finland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	5.5	7.2	12.4	13.5	34.9%
Sweden	N/A	N/A	0.3	1.6	433.3%
Latvia	0.2	1.5	1.6	1.0	71.0%
Germany	0.3	0.5	0.6	0.3	0.0%
Others	0.8	0.8	2.3	1.8	31.0%
Total	6.8	10.0	17.2	18.1	38.6%

Top Suppliers of Fresh Beef Carcase to Finland in 2022:

Germany (undefinedK tons)
Denmark (4.6K tons)
Sweden (0.2K tons)
Latvia (0.2K tons)

Fresh Beef Carcase Exports in Finland

In 2022, overseas shipments of fresh or chilled carcases of beef and veal decreased by -25.8% to 2K tons, falling for the second consecutive year after two years of growth. In general, exports showed a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 20%. As a result, the exports reached the peak of 2.9K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, fresh beef carcase exports stood at $15M in 2022. The total export value increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 12% against the previous year. As a result, the exports reached the peak of $15M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Fresh Beef Carcase in Finland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	11.4	14.8	14.7	14.7	8.8%
Others	1.7	N/A	N/A	0.1	-61.1%
Total	13.2	14.8	14.7	14.7	3.7%

Top Export Markets for Fresh Beef Carcase from Finland in 2022:

Denmark (1937.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fresh beef carcase 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 10111140 - Fresh or chilled carcases, half-carcases and quarters with bone in, of beef and veal

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023