Finland: Market for Coffee (Decaffeinated or Roasted) 2024

Market Size for Coffee (Decaffeinated or Roasted) in Finland

For the third year in a row, the Finnish decaffeinated or roasted coffee market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption showed a mild increase. Decaffeinated or roasted coffee consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Coffee (Decaffeinated or Roasted) in Finland

In value terms, decaffeinated or roasted coffee production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production showed a pronounced descent. Decaffeinated or roasted coffee production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Exports of Coffee (Decaffeinated or Roasted)

Exports from Finland

In 2022, decaffeinated or roasted coffee exports from Finland declined to X tons, dropping by X% against the previous year. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, decaffeinated or roasted coffee exports surged to $X in 2022. In general, total exports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Lithuania (X tons), Estonia (X tons) and Russia (X tons) were the main destinations of decaffeinated or roasted coffee exports from Finland, with a combined X% share of total exports. Latvia and Sweden lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for decaffeinated or roasted coffee exported from Finland were Lithuania ($X), Estonia ($X) and Russia ($X), together accounting for X% of total exports. Latvia and Sweden lagged somewhat behind, together accounting for a further X%.

Sweden, with a CAGR of X%, recorded 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 2022, the average decaffeinated or roasted coffee export price amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coffee (Decaffeinated or Roasted)

Imports into Finland

For the third year in a row, Finland recorded growth in overseas purchases of coffee (decaffeinated or roasted), which increased by X% to X tons in 2022. 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, decaffeinated or roasted coffee imports surged to $X in 2022. In general, imports continue to indicate a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Sweden (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of decaffeinated or roasted coffee imports to Finland, with a combined X% share of total imports. Estonia, Denmark and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Estonia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Germany ($X) and the Netherlands ($X) were the largest decaffeinated or roasted coffee suppliers to Finland, together accounting for X% of total imports. Estonia, Italy and Denmark lagged somewhat behind, together comprising a further X%.

Estonia, 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 decaffeinated or roasted coffee import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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