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Finland - Cherries - Market Analysis, Forecast, Size, Trends and Insights
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Finland: Cherry Market Overview 2021

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Cherry Market Size in Finland

The Finnish cherry market amounted to $X in 2019, growing 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). Over the period under review, consumption enjoyed a strong expansion. The pace of growth was the most pronounced in 2016 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs in 2019 and is expected to retain growth in the near future.

Cherry Exports

Exports from Finland

In 2019, after two years of decline, there was significant growth in shipments abroad of cherries, when their volume increased by X% to X tonnes. Over the period under review, exports recorded a strong expansion. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at X tonnes in 2016; however, from 2017 to 2019, exports failed to regain the momentum.

In value terms, cherry exports skyrocketed to $X in 2019. Overall, exports posted a remarkable increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X tonnes), Estonia (X tonnes) and the Netherlands (X kg) were the main destinations of cherry exports from Finland, with a combined X% share of total exports.

From 2007 to 2019, the biggest increases were in the Netherlands (+X% per year), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X), Estonia ($X) and Belgium ($X) appeared to be the largest markets for cherry exported from Finland worldwide, together comprising X% of total exports.

The Netherlands (+X% per year) saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average cherry export price amounted to $X per tonne, picking up by X% against the previous year. In general, the export price saw measured growth. The pace of growth appeared the most rapid in 2017 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the average export prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Cherry Imports

Imports into Finland

In 2019, the amount of cherries imported into Finland amounted to X tonnes, growing by X% against 2018. Over the period under review, imports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2016 when imports increased by X% year-to-year. Imports peaked in 2019 and are likely to see gradual growth in years to come.

In value terms, cherry imports expanded remarkably to $X in 2019. In general, imports showed a prominent expansion. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Imports peaked in 2019 and are likely to continue growth in years to come.

Imports by Country

Spain (X tonnes), Greece (X tonnes) and Turkey (X tonnes) were the main suppliers of cherry imports to Finland, with a combined X% share of total imports. Italy, Germany, Belgium and the Netherlands lagged somewhat behind, together accounting for a further X 2007 to 2019, the biggest increases were in Italy, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Greece ($X) and Turkey ($X) were the largest cherry suppliers to Finland, together comprising X% of total imports. These countries were followed by Italy, the Netherlands, Belgium and Germany, which together accounted for a further X recorded the highest growth rate of 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

In 2019, the average cherry import price amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, the import price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2008; however, from 2009 to 2019, import prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cherries in the world?
+
The country with the largest volume of cherry consumption was Turkey (584K tonnes), accounting for 22% of total volume. Moreover, cherry consumption in Turkey exceeded the figures recorded by the second-largest consumer, the U.S. (251K tonnes), twofold. The third position in this ranking was occupied by China (230K tonnes), with a 8.7% share.
What are the largest producers of cherries in the world?
+
The countries with the highest volumes of cherry production in 2019 were Turkey (664K tonnes), Chile (412K tonnes) and the U.S. (321K tonnes), with a combined 50% share of global production.
What are the leading suppliers of cherries to Finland?
+
In value terms, Spain ($1.9M) constituted the largest supplier of cherry to Finland, comprising 39% of total imports. The second position in the ranking was occupied by Turkey ($871K), with a 18% share of total imports. It was followed by Greece, with a 9.2% share.
What are the leading importers of cherries from Finland?
+
In value terms, the Netherlands ($3.6K), Estonia ($3.6K) and Belgium ($3.2K) constituted the largest markets for cherry exported from Finland worldwide, together accounting for 100% of total exports.
What is the average export price for cherries in Finland?
+
The average cherry export price stood at $4,479 per tonne in 2019, declining by -6.8% against the previous year.
What is the average import price for cherries in Finland?
+
The average cherry import price stood at $3,354 per tonne in 2019, with a decrease of -24.1% against the previous year.

Product coverage:
• FCL 530 - Sour cherries
• FCL 531 - Cherries

This report provides an in-depth analysis of the cherry 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

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

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

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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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