Finland - Grain - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGrain Price in Finland - 2023
Contents:
- Grain Price in Finland (FOB) - 2022
- Grain Price in Finland (CIF) - 2022
- Grain Exports in Finland
- Grain Imports in Finland
Grain Price in Finland (FOB) - 2022
In 2022, the average grain export price amounted to $302 per ton, jumping by 24% against the previous year. In general, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grain export price increased by +38.0% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 Nigeria ($399 per ton), while the average price for exports to the UK ($171 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+70.0%), while the prices for the other major destinations experienced more modest paces of growth.
Grain Price in Finland (CIF) - 2022
The average grain import price stood at $390 per ton in 2022, increasing by 17% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2016 an increase of 37% against the previous year. As a result, import price attained the peak level of $406 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($1,248 per ton), while the price for Russia ($299 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Grain Exports in Finland
In 2022, overseas shipments of grain decreased by -41.4% to 284K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a dramatic curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 27% against the previous year. As a result, the exports reached the peak of 723K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, grain exports declined rapidly to $86M in 2022. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 18%. As a result, the exports reached the peak of $158M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Grain in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 57.1 | 60.4 | 61.5 | 40.2 | -11.0% |
| Nigeria | N/A | N/A | N/A | 20.2 | 0% |
| United States | 3.3 | N/A | N/A | 10.4 | 46.6% |
| Belgium | 8.9 | 7.1 | 11.7 | 9.7 | 2.9% |
| Spain | 4.8 | 11.3 | 6.6 | 2.6 | -18.5% |
| Netherlands | 16.1 | 22.9 | 13.7 | 1.0 | -60.4% |
| Sweden | 10.6 | 7.0 | 2.4 | 0.8 | -57.7% |
| Morocco | 6.2 | 13.4 | N/A | N/A | 116.1% |
| Saudi Arabia | 11.5 | N/A | N/A | N/A | 0% |
| Others | 16.0 | 36.3 | 22.1 | 0.7 | -64.8% |
| Total | 135 | 158 | 118 | 85.7 | -14.1% |
Top Export Markets for Grain from Finland in 2022:
- Germany (153.3K tons)
- Nigeria (50.6K tons)
- Belgium (32.3K tons)
- United States (29.3K tons)
- Spain (9.6K tons)
- Sweden (3.2K tons)
- Netherlands (3.1K tons)
Grain Imports in Finland
In 2022, approx. 280K tons of grain were imported into Finland; with an increase of 212% compared with 2021 figures. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, grain imports surged to $109M in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Grain in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 0.9 | 2.4 | 10.7 | 36.0 | 242.0% |
| Estonia | 3.5 | 0.2 | 6.7 | 24.5 | 91.3% |
| Germany | 0.7 | 1.0 | 1.5 | 12.4 | 160.7% |
| Sweden | 1.3 | 1.5 | 2.0 | 9.3 | 92.7% |
| Denmark | 0.7 | 0.4 | 1.0 | 8.4 | 128.9% |
| Lithuania | 1.0 | 0.3 | 2.6 | 5.5 | 76.5% |
| Russia | 1.7 | 2.1 | 1.2 | 3.0 | 20.8% |
| France | 1.3 | 1.1 | 0.3 | 0.3 | -38.7% |
| Latvia | 2.6 | N/A | N/A | N/A | 0% |
| Ukraine | 2.8 | N/A | N/A | N/A | 0% |
| Others | 2.6 | 1.8 | 4.0 | 9.8 | 55.6% |
| Total | 19.1 | 10.9 | 30.0 | 109 | 78.7% |
Top Suppliers of Grain to Finland in 2022:
- Latvia (undefinedK tons)
- Poland (103.4K tons)
- Estonia (74.2K tons)
- Germany (31.8K tons)
- Denmark (22.2K tons)
- Sweden (14.8K tons)
- Lithuania (13.1K tons)
- Russia (9.9K tons)
- France (0.2K tons)
This report provides an in-depth analysis of the grain 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 108 - Cereals, nes
- FCL 103 - Mixed grain
- FCL 92 - Quinoa
- FCL 15 - Wheat
- FCL 71 - Rye
- FCL 44 - Barley
- FCL 75 - Oats
- FCL 56 - Maize
- FCL 27 - Rice, paddy
- FCL 83 - Sorghum
- FCL 89 - Buckwheat
- FCL 101 - Canary seed
- FCL 94 - Fonio
- FCL 97 - Triticale
- FCL 79 - Millet
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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