Finland: Brazil Nut Market 2022

Brazil Nut Market Size in Finland

The Finnish brazil nut market skyrocketed to $X in 2021, increasing by X% against the previous year. Over the period under review, consumption continues to indicate a buoyant expansion. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Brazil Nut Production in Finland

In value terms, brazil nut production reduced to $X in 2021 estimated in export prices. Overall, production, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% year-to-year. Over the period under review, production reached the maximum level at $X in 2020, and then reduced in the following year.

In 2021, the average yield of brazil nuts in Finland amounted to less than X kg per ha, remaining relatively unchanged against 2020. Overall, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the harvested area of brazil nuts in Finland totaled less than X ha, stabilizing at the year before. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Brazil Nut Exports

Exports from Finland

In 2021, overseas shipments of brazil nuts increased by X% to X tonnes, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, showed a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tonnes in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, brazil nut exports soared to $X in 2021. Overall, exports, however, showed a precipitous shrinkage. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Estonia (X tonnes) was the main destination for brazil nut exports from Finland, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Estonia amounted to -X%.

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

From 2012 to 2021, the average annual rate of growth in terms of value to Estonia totaled -X%.

Export Prices by Country

The average brazil nut export price stood at $X per tonne in 2021, rising by X% against the previous year. In general, the export price, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. The export price peaked at $X per tonne in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Estonia amounted to -X% per year.

Brazil Nut Imports

Imports into Finland

In 2021, purchases abroad of brazil nuts increased by X% to X tonnes, rising for the third consecutive year after two years of decline. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2019 when imports increased by X% y-o-y. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, brazil nut imports surged to $X in 2021. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% y-o-y. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

Lithuania (X tonnes), the Netherlands (X tonnes) and Estonia (X kg) were the main suppliers of brazil nut imports to Finland, together accounting for X% of total imports.

From 2012 to 2021, the biggest increases were in Lithuania (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X), the Netherlands ($X) and Estonia ($X) constituted the largest brazil nut suppliers to Finland, together accounting for X% of total imports.

Lithuania, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, among 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 brazil nut import price stood at $X per tonne in 2021, growing by X% against the previous year. Overall, the import price, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2020 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Estonia ($X per tonne), while the price for Lithuania ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Estonia (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform