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

Chicory Market Size in Finland

After two years of decline, the Finnish chicory market increased by X% to $X in 2020. Over the period under review, consumption continues to indicate a resilient increase. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Chicory Exports

Exports from Finland

In 2020, the amount of chicory exported from Finland stood at X kg, flattening at the year before. Overall, exports saw a dramatic slump. As a result, exports reached the peak of X kg. from 2014 to 2020, the growth exports failed to regain the momentum.

In value terms, chicory exports stood at $X in 2020. Over the period under review, exports recorded a precipitous contraction. As a result, exports attained the peak of $X. from 2014 to 2020, 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, accounting for a approx. X% share of total exports.

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

From 2012 to 2015, the average annual growth rate 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 showed a perceptible decline. 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 remained at a lower figure.

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 2020, overseas purchases of chicory increased by X% to X tonnes for the first time since 2017, thus ending a two-year declining trend. In general, imports enjoyed buoyant growth. Over the period under review, imports reached the peak figure at X tonnes in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, chicory imports contracted to $X in 2020. Over the period under review, imports showed a deep reduction. The smallest decline of -X% was in 2013. Imports peaked at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the Netherlands (X tonnes) was the main supplier of chicory to Finland, with a X% share of total imports. It was followed by Germany (X kg), with a X% share of total imports.

From 2012 to 2020, the average annual growth rate of volume from the Netherlands totaled +X%.

In value terms, the Netherlands ($X) constituted the largest supplier of chicory to Finland, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of value from the Netherlands amounted to +X%.

Import Prices by Country

In 2020, the average chicory import price amounted to $X per tonne, reducing by -X% against the previous year. Overall, the import price saw a sharp downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Germany.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chicory in the world?
+
The country with the largest volume of chicory consumption was Belgium (311K tonnes), comprising approx. 67% of total volume. Moreover, chicory consumption in Belgium exceeded the figures recorded by the second-largest consumer, the Netherlands (51K tonnes), sixfold. France (40K tonnes) ranked third in terms of total consumption with a 8.6% share.
What are the largest producers of chicory in the world?
+
The country with the largest volume of chicory production was Belgium (312K tonnes), accounting for 68% of total volume. Moreover, chicory production in Belgium exceeded the figures recorded by the second-largest producer, the Netherlands (53K tonnes), sixfold. France (40K tonnes) ranked third in terms of total production with a 8.6% share.
What are the leading suppliers of chicory to Finland?
+
In value terms, the Netherlands ($17K) constituted the largest supplier of chicory to Finland, comprising 87% of total imports. The second position in the ranking was occupied by Germany ($2.5K), with a 13% share of total imports.
What is the average export price for chicory in Finland?
+
The average chicory export price stood at $5,471 per tonne in 2015, declining by -5% against the previous year.
What is the average import price for chicory in Finland?
+
In 2020, the average chicory import price amounted to $605 per tonne, which is down by -57.3% 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

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 2007–2020
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

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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