Report Update: May 1, 2024

Finland - Groats And Meal Of Cereals (Excluding Wheat) - Market Analysis, Forecast, Size, Trends And Insights

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Non-Wheat Groats Price in Finland - 2023

Non-Wheat Groats Price in Finland (FOB) - 2023

In June 2023, the average non-wheat groats export price amounted to $957 per ton, dropping by -2.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 32% month-to-month. Over the period under review, the average export prices reached the maximum at $1,032 per ton in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In June 2023, the countries with the highest prices were Portugal ($1,122 per ton) and Estonia ($1,087 per ton), while the average price for exports to Belgium ($826 per ton) and Sweden ($853 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Wheat Groats Price in Finland (CIF) - 2022

The average non-wheat groats import price stood at $850 per ton in 2022, with an increase of 4.2% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-wheat groats import price increased by +12.4% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of 33%. Over the period under review, average import prices hit record highs at $868 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 Sweden ($1,788 per ton), while the price for Germany ($568 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Wheat Groats Exports in Finland

In 2022, approx. 8.4K tons of groats and meal of cereals (excluding wheat) were exported from Finland; picking up by 14% compared with the year before. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 38% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, non-wheat groats exports stood at $7.2M in 2022. Overall, exports showed significant growth. The growth pace was the most rapid in 2020 with an increase of 40%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Export of Non-Wheat Groats in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	1,512	2,356	2,229	1,617	2.3%
Poland	N/A	292	690	1,419	120.4%
Belgium	1,059	1,139	863	990	-2.2%
Spain	55.7	205	1,285	877	150.6%
Sweden	113	159	291	829	94.3%
Estonia	45.5	43.8	80.6	382	103.2%
Portugal	483	451	490	381	-7.6%
Others	240	265	575	664	40.4%
Total	3,508	4,910	6,503	7,158	26.8%

Top Export Markets for Non-Wheat Groats from Finland in 2022:

Italy (1.7K tons)
Poland (1.6K tons)
Belgium (1.2K tons)
Sweden (1.1K tons)
Spain (1.1K tons)
Estonia (0.6K tons)
Portugal (0.4K tons)

Non-Wheat Groats Imports in Finland

In 2022, imports of groats and meal of cereals (excluding wheat) into Finland dropped to 574 tons, waning by -13.6% compared with 2021 figures. Overall, total imports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55%. As a result, imports attained the peak of 664 tons, and then shrank in the following year.

In value terms, non-wheat groats imports contracted to $488K in 2022. In general, total imports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. As a result, imports reached the peak of $542K, and then reduced in the following year.

Import of Non-Wheat Groats in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	165	166	241	227	11.2%
Netherlands	0.1	29.8	77.3	96.0	886.5%
Germany	43.9	44.4	48.5	73.8	18.9%
Belgium	N/A	N/A	23.5	51.9	120.9%
Denmark	15.1	18.5	22.5	21.4	12.3%
Estonia	3.2	3.2	2.0	5.0	16.0%
Poland	156	30.3	86.7	N/A	-25.5%
Others	51.4	30.9	40.1	12.3	-37.9%
Total	434	324	542	488	4.0%

Top Suppliers of Non-Wheat Groats to Finland in 2022:

Italy (237.7 tons)
Germany (129.8 tons)
Netherlands (93.3 tons)
Belgium (72.0 tons)
Denmark (23.7 tons)
Estonia (8.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-wheat groats 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 10613230 - Groats and meal of oats, maize, rice, rye, barley and other cereals (excluding wheat)

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