Latest Report Update: Apr 9, 2021

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

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Finland: Chicory Market Overview 2021

Webinar: Global Palm Oil Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global palm oil market.

Thursday, May 6th, 2021 @ 10:00 am ET

Register Now

Chicory Market Size in Finland

The Finnish chicory market declined to $X in 2019, falling by -X% against the previous year. Over the period under review, consumption faced a dramatic downturn. The pace of growth appeared the most rapid in 2015 when the market value increased by X% y-o-y. Chicory consumption peaked at $X in 2017; however, from 2018 to 2019, consumption failed to regain the momentum.

Chicory Production in Finland

In value terms, chicory production stood at $X in 2019 estimated in export prices. Over the period under review, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Chicory production peaked at $X in 2013; however, from 2014 to 2019, production remained at a lower figure.

In 2019, the average yield of chicory in Finland totaled X kg per ha, stabilizing at the year before. Over the period under review, the yield showed 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 2019, approx. X ha of chicory were harvested in Finland; therefore, remained relatively stable against the year before. In general, the harvested area showed a relatively flat trend pattern.

Chicory Exports

Exports from Finland

In 2019, the amount of chicory exported from Finland amounted to X kg, remaining stable against the previous year's figure. In general, exports recorded a dramatic descent. As a result, exports reached the peak of X kg. From 2014 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, chicory exports totaled $X in 2019. Overall, exports faced a sharp curtailment. As a result, exports reached the peak of $X. From 2014 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for chicory exports from Finland, with a approx. X% share of total exports.

From 2012 to 2015, the average annual growth rate of volume to the Netherlands was relatively modest.

From 2012 to 2015, the average annual rate of growth in terms of value to the Netherlands was relatively modest.

Export Prices by Country

In 2015, the average chicory export price amounted to $X per tonne, which is down by -X% against the previous year. Overall, the export price continues to indicate a pronounced descent. As a result, export price reached the peak level of $X per tonne. From 2014 to 2015, the growth in terms of the average export prices failed to regain the momentum.

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

From 2012 to 2015, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Chicory Imports

Imports into Finland

In 2019, the amount of chicory imported into Finland declined remarkably to X kg, with a decrease of -X% compared with 2018. Over the period under review, imports continue to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of X tonnes. From 2018 to 2019, the growth imports failed to regain the momentum.

In value terms, chicory imports shrank markedly to $X in 2019. Overall, imports saw a sharp downturn. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, the Netherlands (X kg) constituted the largest supplier of chicory to Finland, accounting for a X% share of total imports. Moreover, chicory imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X kg), sixfold.

From 2012 to 2019, the average annual rate of growth in terms of volume from the Netherlands totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Sweden (X% per year).

In value terms, the largest chicory suppliers to Finland were Germany ($X), the Netherlands ($X) and Sweden ($X), together comprising X% of total imports.

Among the main suppliers, Sweden recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average chicory import price stood at $X per tonne in 2019, rising by X% against the previous year. Over the period under review, the import price continues to indicate notable growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chicory in the world?
+
Belgium (376K tonnes) remains the largest chicory consuming country worldwide, accounting for 72% of total volume. Moreover, chicory consumption in Belgium exceeded the figures recorded by the second-largest consumer, the Netherlands (54K tonnes), sevenfold. France (36K tonnes) ranked third in terms of total consumption with a 6.9% share.
What are the largest producers of chicory in the world?
+
Belgium (376K tonnes) constituted the country with the largest volume of chicory production, accounting for 73% of total volume. Moreover, chicory production in Belgium exceeded the figures recorded by the second-largest producer, the Netherlands (56K tonnes), sevenfold. France (36K tonnes) ranked third in terms of total production with a 7% share.
What are the leading suppliers of chicory to Finland?
+
In value terms, Germany ($91), the Netherlands ($59) and Sweden ($7.5) appeared to be the largest chicory suppliers to Finland, together accounting for 97% of total imports.
What is the average export price for chicory in Finland?
+
The average chicory export price stood at $5,627 per tonne in 2015, which is down by -3.2% against the previous year.
What is the average import price for chicory in Finland?
+
The average chicory import price stood at $16,818 per tonne in 2019, with an increase of 98% against the previous year.

Product coverage:
• FCL 459 - Chicory roots

This report provides an in-depth analysis of the chicory 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

Webinar: Global Palm Oil Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global palm oil market.



Thursday, May 6th, 2021 @ 10:00 am ET


Register

Webinar: Global Fertilizer Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global fertilizer market.



Thursday, May 13th, 2021 @ 10:00 am ET


Register

Webinar: Global Gym and Fitness Equipment Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global gym and fitness equipment market.



Thursday, April 22nd, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data