Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Finland - 2023

Contents:

  1. Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Finland (FOB) - 2023
  2. Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Finland (CIF) - 2023
  3. Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Finland
  4. Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Finland

Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Finland (FOB) - 2023

In September 2023, the average export price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $319 per ton, dropping by -15.1% against the previous month. Over the last eleven months, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 23% against the previous month. The export price peaked at $437 per ton in June 2023; however, from July 2023 to September 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($377 per ton), while the average price for exports to Poland ($179 per ton) was amongst the lowest.

From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Finland (CIF) - 2023

The average import price for vegetables; potatoes (other than seed), fresh or chilleds stood at $744 per ton in August 2023, jumping by 19% against the previous month. In general, the import price posted temperate growth. The growth pace was the most rapid in January 2023 when the average import price increased by 68% m-o-m. The import price peaked at $1,679 per ton in May 2023; however, from June 2023 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($1,384 per ton), while the price for France ($466 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 Denmark (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Finland

In 2022, approx. 21K tons of vegetables; potatoes (other than seed), fresh or chilleds were exported from Finland; increasing by 175% compared with 2021. In general, exports showed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds surged to $6.8M in 2022. Over the period under review, exports posted resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden1,6331,1279332,37313.3%
Latvia6311465171,75840.7%
Estonia6741974621,70336.2%
Lithuania508181219380-9.2%
Netherlands222N/A12633815.0%
Norway1992391962426.7%
Poland711126N/A11.2-74.9%
Others28331.228.342.2-47.0%
Total4,8612,0472,4816,84712.1%

Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from Finland in 2022:

  1. Sweden (6.6K tons)
  2. Estonia (6.0K tons)
  3. Latvia (5.8K tons)
  4. Lithuania (1.2K tons)
  5. Netherlands (0.9K tons)
  6. Norway (0.7K tons)

Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Finland

In 2022, imports of vegetables; potatoes (other than seed), fresh or chilleds into Finland rose significantly to 9.6K tons, with an increase of 12% compared with 2021. The total import volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of vegetables; potatoes (other than seed), fresh or chilleds reached $5.9M in 2022. The total import value increased at an average annual rate of +8.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden2,3002,2253,0802,8377.2%
Denmark4371,6801,2901,26842.6%
Netherlands49917339782218.1%
Italy564400426311-18.0%
France96.996.714024035.3%
Spain22411471.6109-21.3%
Israel22111295.092.7-25.1%
LithuaniaN/A58.9184N/A212.4%
Others20711186.8186-3.5%
Total4,5494,9715,7705,8668.8%

Top Suppliers of Vegetables; Potatoes (Other than Seed), Fresh or Chilled to Finland in 2022:

  1. Denmark (4.0K tons)
  2. Sweden (3.9K tons)
  3. Netherlands (0.7K tons)
  4. France (0.4K tons)
  5. Italy (0.2K tons)
  6. Spain (0.2K tons)
  7. Israel (0.1K tons)

Source: IndexBox Market Intelligence Platform

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