Finland - Broad Beans And Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Broad Bean and Horse Bean in Finland - 2023
Contents:
- Price for Broad Bean and Horse Bean in Finland (CIF) - 2022
- Price for Broad Bean and Horse Bean in Finland (FOB) - 2022
- Imports of Broad Bean and Horse Bean in Finland
- Exports of Broad Bean and Horse Bean in Finland
Price for Broad Bean and Horse Bean in Finland (CIF) - 2022
The average import price for broad beans and horse beans (dry) stood at $773 per ton in 2022, surging by 79% against the previous year. In general, the import price, however, saw a abrupt descent. Over the period under review, average import prices hit record highs at $5,181 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($769 per ton), while the price for Germany stood at $478 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+15.0%).
Price for Broad Bean and Horse Bean in Finland (FOB) - 2022
In 2022, the average export price for broad beans and horse beans (dry) amounted to $562 per ton, with a decrease of -34.8% against the previous year. In general, the export price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2016 an increase of 184% against the previous year. As a result, the export price reached the peak level of $1,167 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($4,120 per ton), while the average price for exports to Norway totaled $561 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+23.2%).
Imports of Broad Bean and Horse Bean in Finland
After three years of growth, overseas purchases of broad beans and horse beans (dry) decreased by -65.2% to 940 tons in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 3,008% against the previous year. As a result, imports attained the peak of 2.7K tons, and then contracted significantly in the following year.
In value terms, broad bean and horse bean imports shrank markedly to $727K in 2022. Overall, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 497% against the previous year. As a result, imports attained the peak of $1.2M, and then declined sharply in the following year.
| Import of Broad Bean and Horse Bean in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 22.7 | 21.0 | 17.0 | 683 | 211.0% |
| Germany | N/A | N/A | N/A | 22.3 | 0% |
| Latvia | N/A | N/A | 1,092 | N/A | 0% |
| Others | 94.1 | 175 | 59.5 | 20.9 | -39.4% |
| Total | 117 | 196 | 1,169 | 727 | 83.8% |
Top Suppliers of Broad Bean and Horse Bean to Finland in 2022:
- Estonia (888.6 tons)
- Germany (46.7 tons)
Exports of Broad Bean and Horse Bean in Finland
In 2022, approx. 621 tons of broad beans and horse beans (dry) were exported from Finland; surging by 5.4% compared with 2021. Overall, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 173% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, broad bean and horse bean exports contracted remarkably to $349K in 2022. Over the period under review, exports saw a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 137%. As a result, the exports reached the peak of $507K, and then reduced dramatically in the following year.
| Export of Broad Bean and Horse Bean in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 263 | 212 | 478 | 347 | 9.7% |
| Sweden | N/A | N/A | 27.6 | N/A | 0% |
| Others | 0.1 | 1.2 | 1.4 | 1.4 | 141.0% |
| Total | 263 | 214 | 507 | 349 | 9.9% |
Top Export Markets for Broad Bean and Horse Bean from Finland in 2022:
- Norway (618.7 tons)
This report provides an in-depth analysis of the market for broad bean and horse bean 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 181 - Broad beans, dry
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
- 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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