Finland - Frozen Whole Fish - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Whole Fish Price in Finland - 2023
Contents:
- Frozen Whole Fish Price in Finland (FOB) - 2023
- Frozen Whole Fish Price in Finland (CIF) - 2023
- Frozen Whole Fish Exports in Finland
- Frozen Whole Fish Imports in Finland
Frozen Whole Fish Price in Finland (FOB) - 2023
In June 2023, the average frozen whole fish export price amounted to $599 per ton, declining by -29.1% against the previous month. In general, the export price, however, enjoyed moderate growth. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 54% against the previous month. Over the period under review, the average export prices reached the maximum at $862 per ton in March 2023; however, from April 2023 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Vietnam ($2,152 per ton), while the average price for exports to Denmark ($308 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Whole Fish Price in Finland (CIF) - 2023
The average frozen whole fish import price stood at $6,278 per ton in June 2023, falling by -3.2% against the previous month. Overall, the import price saw a mild decline. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 39% against the previous month. The import price peaked at $7,969 per ton in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($11,747 per ton), while the price for the Netherlands ($5,210 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 Sweden (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Whole Fish Exports in Finland
After three years of growth, shipments abroad of frozen whole fish decreased by -29.9% to 20K tons in 2022. Over the period under review, total exports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +2.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 50%.
In value terms, frozen whole fish exports declined remarkably to $11M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 27% against the previous year.
| Export of Frozen Whole Fish in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 4.5 | 6.7 | 6.6 | 4.3 | -1.5% |
| Australia | 0.3 | 0.9 | 1.7 | 3.2 | 120.1% |
| Belarus | 0.7 | 1.0 | 3.1 | 1.3 | 22.9% |
| Ukraine | 1.0 | 1.5 | 0.9 | 0.5 | -20.6% |
| United States | N/A | 0.2 | 0.6 | 0.5 | 58.1% |
| Japan | N/A | N/A | 0.3 | 0.3 | 0.0% |
| Denmark | 1.2 | 0.2 | N/A | 0.1 | -56.3% |
| South Korea | 0.9 | 0.8 | N/A | N/A | -11.1% |
| Others | 0.4 | 0.2 | 1.0 | 1.2 | 44.2% |
| Total | 9.1 | 11.5 | 14.2 | 11.4 | 7.8% |
Top Export Markets for Frozen Whole Fish from Finland in 2022:
- Estonia (11.4K tons)
- Australia (3.1K tons)
- United States (1.7K tons)
- Ukraine (1.1K tons)
- Belarus (1.0K tons)
- Japan (0.3K tons)
- Denmark (0.1K tons)
Frozen Whole Fish Imports in Finland
Frozen whole fish imports into Finland surged to 2K tons in 2022, growing by 64% against the year before. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +19.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen whole fish imports skyrocketed to $8.6M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.7% against 2020 indices.
| Import of Frozen Whole Fish in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 2,283 | 4,153 | 1,436 | 2,257 | -0.4% |
| Norway | 59.4 | 213 | 364 | 2,253 | 236.0% |
| Canada | 1,686 | 2,266 | 1,130 | 1,589 | -2.0% |
| Sweden | 691 | 863 | 982 | 727 | 1.7% |
| China | 387 | 517 | 256 | 507 | 9.4% |
| Netherlands | 123 | 168 | 381 | 445 | 53.5% |
| Estonia | 158 | 69.5 | 22.7 | 210 | 9.9% |
| Others | 791 | 646 | 587 | 578 | -9.9% |
| Total | 6,178 | 8,894 | 5,159 | 8,567 | 11.5% |
Top Suppliers of Frozen Whole Fish to Finland in 2022:
- Norway (704.8 tons)
- Canada (316.8 tons)
- Denmark (314.7 tons)
- China (240.9 tons)
- Sweden (179.2 tons)
- Netherlands (77.8 tons)
- Estonia (36.7 tons)
This report provides an in-depth analysis of the frozen whole fish 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 10201330 - Frozen whole salt water fish
- Prodcom 10201360 - Frozen whole fresh water fish
- Prodcom 10201600 - Frozen fish livers and roes
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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