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Finland - Bananas - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Finland: Banana And Plantain Market Overview 2021

Banana And Plantain Market Size in Finland

In 2020, the Finnish banana and plantain market was finally on the rise to reach $X after two years of decline. Overall, consumption showed a relatively flat trend pattern. Banana and plantain consumption peaked at $X in 2017; however, from 2018 to 2020, consumption remained at a lower figure.

Banana And Plantain Exports

Exports from Finland

In 2020, banana and plantain exports from Finland surged to X tonnes, growing by X% against the previous year's figure. In general, exports saw significant growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, banana and plantain exports skyrocketed to $X in 2020. Over the period under review, exports recorded a significant expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Estonia (X tonnes) was the main destination for banana and plantain exports from Finland, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Estonia amounted to +X%.

In value terms, Estonia ($X) also remains the key foreign market for banana and plantain exports from Finland.

From 2007 to 2020, the average annual growth rate of value to Estonia totaled +X%.

Export Prices by Country

The average banana and plantain export price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Overall, the export price continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2012 an increase of X% y-o-y. The export price peaked at $X per tonne in 2008; however, from 2009 to 2020, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Estonia.

From 2007 to 2020, the rate of growth in terms of prices for Estonia amounted to -X% per year.

Banana And Plantain Imports

Imports into Finland

In 2020, after two years of decline, there was significant growth in supplies from abroad of bananas and plantains, when their volume increased by X% to X tonnes. Overall, imports continue to indicate a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, banana and plantain imports skyrocketed to $X in 2020. Over the period under review, imports showed a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

Costa Rica (X tonnes), Panama (X tonnes) and Ecuador (X tonnes) were the main suppliers of banana and plantain imports to Finland, with a combined X% share of total imports. Peru lagged somewhat behind, comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Peru (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest banana and plantain suppliers to Finland were Costa Rica ($X), Panama ($X) and Ecuador ($X), with a combined X% share of total imports. Peru lagged somewhat behind, accounting for a further X (+X% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average banana and plantain import price stood at $X per tonne in 2020, reducing by -X% against the previous year. In general, the import price saw a deep downturn. The pace of growth was the most pronounced in 2009 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. from 2010 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the countries with the highest prices were Peru ($X per tonne) and Panama ($X per tonne), while the price for Ecuador ($X per tonne) and Costa Rica ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Panama, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bananas and plantains in the world?
+
The country with the largest volume of banana and plantain consumption was India (31M tonnes), accounting for 19% of total volume. Moreover, banana and plantain consumption in India exceeded the figures recorded by the second-largest consumer, China (14M tonnes), twofold. Indonesia (7.4M tonnes) ranked third in terms of total consumption with a 4.5% share.
What are the largest producers of bananas and plantains in the world?
+
India (31M tonnes) remains the largest banana and plantain producing country worldwide, comprising approx. 19% of total volume. Moreover, banana and plantain production in India exceeded the figures recorded by the second-largest producer, China (12M tonnes), threefold. The third position in this ranking was occupied by the Philippines (9M tonnes), with a 5.5% share.
What are the leading suppliers of bananas and plantains to Finland?
+
In value terms, the largest banana and plantain suppliers to Finland were Costa Rica ($36M), Panama ($27M) and Ecuador ($13M), together comprising 87% of total imports. Peru lagged somewhat behind, comprising a further 8.5%.
What are the leading importers of bananas and plantains from Finland?
+
In value terms, Estonia ($4.1M) remains the key foreign market for banana and plantain exports from Finland.
What is the average export price for bananas and plantains in Finland?
+
The average banana and plantain export price stood at $553 per tonne in 2020, with a decrease of -32.7% against the previous year.
What is the average import price for bananas and plantains in Finland?
+
In 2020, the average banana and plantain import price amounted to $599 per tonne, with a decrease of -5.9% against the previous year.

Product coverage:
• FCL 486 - Bananas
• FCL 489 -

This report provides an in-depth analysis of the banana and plantain market 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
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
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
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
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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