Finland - Vegetables (Preserved And Frozen) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Preserved and Frozen Vegetable in Finland - 2023
Contents:
- Price for Preserved and Frozen Vegetable in Finland (CIF) - 2023
- Price for Preserved and Frozen Vegetable in Finland (FOB) - 2023
- Imports of Preserved and Frozen Vegetable in Finland
- Exports of Preserved and Frozen Vegetable in Finland
Price for Preserved and Frozen Vegetable in Finland (CIF) - 2023
The average preserved and frozen vegetable import price stood at $1,816 per ton in July 2023, remaining relatively unchanged against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in January 2023 an increase of 9.2% m-o-m. The import price peaked at $1,906 per ton in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Sweden ($3,709 per ton), while the price for Belgium ($1,530 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Preserved and Frozen Vegetable in Finland (FOB) - 2023
In August 2023, the average preserved and frozen vegetable export price amounted to $3,933 per ton, surging by 27% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 38% month-to-month. The export price peaked in August 2023.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Spain ($5,051 per ton), while the average price for exports to Estonia ($2,123 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Preserved and Frozen Vegetable in Finland
For the fourth year in a row, Finland recorded growth in supplies from abroad of vegetables (preserved, frozen), which increased by 7.8% to 37K tons in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.2% 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 +57.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 38%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, preserved and frozen vegetable imports rose remarkably to $52M in 2022. The total import value increased at an average annual rate of +6.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Preserved and Frozen Vegetable in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 16.4 | 17.1 | 20.0 | 21.1 | 8.8% |
| Belgium | 11.3 | 11.4 | 10.8 | 11.7 | 1.2% |
| Germany | 6.7 | 8.9 | 9.6 | 10.7 | 16.9% |
| Spain | 1.4 | 2.2 | 2.4 | 2.5 | 21.3% |
| Sweden | 3.0 | 2.3 | 2.2 | 2.3 | -8.5% |
| Others | 4.5 | 4.4 | 3.5 | 3.7 | -6.3% |
| Total | 43.3 | 46.3 | 48.5 | 52.0 | 6.3% |
Top Suppliers of Preserved and Frozen Vegetable to Finland in 2022:
- Netherlands (17.2K tons)
- Belgium (9.7K tons)
- Germany (7.0K tons)
- Sweden (0.9K tons)
- Spain (0.8K tons)
Exports of Preserved and Frozen Vegetable in Finland
For the fourth year in a row, Finland recorded growth in overseas shipments of vegetables (preserved, frozen), which increased by 21% to 1.3K tons in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 115% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, preserved and frozen vegetable exports fell slightly to $3.2M in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 128%.
| Export of Preserved and Frozen Vegetable in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 317 | 1,511 | 1,968 | 1,781 | 77.8% |
| Estonia | 406 | 527 | 523 | 680 | 18.8% |
| United Kingdom | 169 | 711 | 434 | 509 | 44.4% |
| Russia | 264 | 310 | 271 | 91.5 | -29.8% |
| Others | 207 | 43.2 | 125 | 129 | -14.6% |
| Total | 1,362 | 3,102 | 3,321 | 3,191 | 32.8% |
Top Export Markets for Preserved and Frozen Vegetable from Finland in 2022:
- Sweden (708.2 tons)
- Estonia (316.3 tons)
- United Kingdom (166.8 tons)
- Russia (87.2 tons)
This report provides an in-depth analysis of the market for preserved and frozen vegetable 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 475 - Vegetables, Preserved (Frozen)
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
- 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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