Finland: Avocado Market Overview 2020

Avocado Market Size in Finland

The revenue of the avocado market in Finland amounted to $X in 2018, falling by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, avocado consumption, however, continues to indicate an extraordinary increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Avocado consumption peaked at $X in 2017, and then declined slightly in the following year.

Avocado Exports

Exports from Finland

In 2018, the avocado exports from Finland totaled X tonnes, surging by X% against the previous year. Over the period under review, avocado exports continue to indicate outstanding growth. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. In that year, avocado exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, avocado exports amounted to $X in 2018. In general, avocado exports continue to indicate an extraordinary increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. In that year, avocado exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

The Netherlands (X tonnes) was the main destination for avocado exports from Finland, accounting for a X% share of total exports. Moreover, avocado exports to the Netherlands exceeded the volume sent to the second major destination, Sweden (X tonnes), tenfold.

From 2007 to 2018, the average annual rate of growth in terms of volume to the Netherlands stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+X% per year) and Latvia (+X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for avocado exports from Finland, comprising X% of total avocado exports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to the Netherlands stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+X% per year) and Latvia (+X% per year).

Export Prices by Country

The average avocado export price stood at $X per tonne in 2018, jumping by X% against the previous year. Overall, the export price indicated remarkable growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, avocado export price increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. Over the period under review, the average export prices for avocados attained their maximum in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Latvia ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Latvia, while the prices for the other major destinations experienced more modest paces of growth.

Avocado Imports

Imports into Finland

In 2018, the amount of avocados imported into Finland stood at X tonnes, declining by -X% against the previous year. Overall, avocado imports, however, continue to indicate extraordinary growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, avocado imports totaled $X in 2018. Overall, avocado imports, however, continue to indicate an outstanding expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, avocado imports attained their peak figure at $X in 2017, and then declined slightly in the following year.

Imports by Country

Spain (X tonnes), the Netherlands (X tonnes) and Peru (X tonnes) were the main suppliers of avocado imports to Finland, together comprising X% of total imports. These countries were followed by Chile, Belgium, Brazil, South Africa and Denmark, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Brazil (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the Netherlands ($X) and Peru ($X) appeared to be the largest avocado suppliers to Finland, together accounting for X% of total imports. These countries were followed by Chile, South Africa, Brazil, Belgium and Denmark, which together accounted for a further X terms of the main suppliers, Brazil (+X% per year) recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average avocado import price stood at $X per tonne in 2018, jumping by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 when the average import price increased by X% against the previous year. The import price peaked in 2018 and is expected to retain its growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Chile ($X per tonne), while the price for Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Chile, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform