Price for Grapes; Fresh or Dried in Finland - 2023

Contents:

  1. Price for Grapes; Fresh or Dried in Finland (CIF) - 2023
  2. Price for Grapes; Fresh or Dried in Finland (FOB) - 2022
  3. Imports of Grapes; Fresh or Dried in Finland
  4. Exports of Grapes; Fresh or Dried in Finland

Price for Grapes; Fresh or Dried in Finland (CIF) - 2023

The average grapes; fresh or dried import price stood at $3,428 per ton in August 2023, which is down by -1.6% 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 December 2022 when the average import price increased by 24% month-to-month. The import price peaked at $3,716 per ton in May 2023; however, from June 2023 to August 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($5,385 per ton), while the price for Italy ($2,716 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Grapes; Fresh or Dried in Finland (FOB) - 2022

The average grapes; fresh or dried export price stood at $4,349 per ton in 2022, waning by -9.4% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grapes; fresh or dried export price decreased by -15.1% against 2018 indices. The pace of growth appeared the most rapid in 2016 an increase of 76% against the previous year. Over the period under review, the average export prices attained the maximum at $5,123 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($8,472 per ton), while the average price for exports to Russia ($3,164 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 Norway (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grapes; Fresh or Dried in Finland

In 2022, after three years of growth, there was significant decline in purchases abroad of grapes; fresh or drieds, when their volume decreased by -17.2% to 16K tons. Overall, imports showed a noticeable reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 6.9% against the previous year.

In value terms, grapes; fresh or dried imports dropped significantly to $49M in 2022. Over the period under review, imports continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2021 with an increase of 7.8% against the previous year. As a result, imports reached the peak of $64M, and then shrank markedly in the following year.

Import of Grapes; Fresh or Dried in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa19.424.325.019.90.9%
Spain8.910.411.56.4-10.4%
United States4.03.63.94.97.0%
Egypt4.05.66.04.00.0%
Italy1.80.93.03.018.6%
Netherlands1.11.52.62.531.5%
Brazil3.22.92.71.7-19.0%
India6.64.04.11.7-36.4%
Greece2.92.71.81.3-23.5%
Others4.53.03.03.3-9.8%
Total56.459.063.548.8-4.7%

Top Suppliers of Grapes; Fresh or Dried to Finland in 2022:

  1. South Africa (6.1K tons)
  2. Spain (2.3K tons)
  3. Egypt (1.5K tons)
  4. Italy (1.1K tons)
  5. United States (1.1K tons)
  6. Netherlands (0.7K tons)
  7. Greece (0.6K tons)
  8. India (0.6K tons)
  9. Brazil (0.5K tons)

Exports of Grapes; Fresh or Dried in Finland

In 2022, the amount of grapes; fresh or drieds exported from Finland shrank remarkably to 142 tons, waning by -25.6% on 2021 figures. In general, exports showed a perceptible descent. The growth pace was the most rapid in 2021 when exports increased by 29%. As a result, the exports reached the peak of 191 tons, and then fell remarkably in the following year.

In value terms, grapes; fresh or dried exports dropped rapidly to $618K in 2022. Over the period under review, exports continue to indicate a deep slump. The growth pace was the most rapid in 2021 when exports increased by 35% against the previous year. As a result, the exports attained the peak of $916K, and then reduced notably in the following year.

Export of Grapes; Fresh or Dried in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia3693945554486.7%
Norway428238320137-31.6%
SwedenN/A25.623.332.312.3%
Russia11.020.015.60.2-73.7%
OthersN/A0.42.20.732.3%
Total808677916618-8.5%

Top Export Markets for Grapes; Fresh or Dried from Finland in 2022:

  1. Estonia (116.9 tons)
  2. Norway (16.1 tons)
  3. Sweden (8.9 tons)
  4. Russia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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