Finland: Market for Dried Or Smoked Fish 2024

Market Size for Dried Or Smoked Fish in Finland

The Finnish dried or smoked fish market shrank to $X in 2022, with a decrease of X% against the previous year. Overall, consumption continues to indicate a abrupt decrease. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Dried Or Smoked Fish in Finland

In value terms, dried or smoked fish production reduced to $X in 2022 estimated in export price. In general, production showed a noticeable descent. The growth pace was the most rapid in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

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Exports of Dried Or Smoked Fish

Exports from Finland

In 2022, the amount of dried or smoked fish exported from Finland rose modestly to X tons, with an increase of X% on the previous year. In general, exports showed a prominent increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, dried or smoked fish exports stood at $X in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Sweden (X tons), Estonia (X tons) and Germany (X tons) were the main destinations of dried or smoked fish exports from Finland, together comprising X% of total exports. France, Japan, Austria, Norway and Russia lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for dried or smoked fish exported from Finland were Estonia ($X), Sweden ($X) and Germany ($X), with a combined X% share of total exports. France, Japan, Austria, Norway and Russia lagged somewhat behind, together accounting for a further X%.

France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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 dried or smoked fish export price amounted to $X per ton, rising by X% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price 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, dried or smoked fish export price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of X%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Norway ($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 Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dried Or Smoked Fish

Imports into Finland

For the fifth year in a row, Finland recorded decline in overseas purchases of dried or smoked fish, which decreased by X% to X tons in 2022. Overall, imports showed a abrupt descent. The growth pace was the most rapid in 2017 with an increase of X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, dried or smoked fish imports contracted to $X in 2022. In general, imports continue to indicate a noticeable contraction. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Sweden (X tons), Estonia (X tons) and Germany (X tons) were the main suppliers of dried or smoked fish imports to Finland, with a combined X% share of total imports. Norway, the Netherlands, Poland, Iceland and Denmark lagged somewhat behind, together accounting for a further X%.

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

In value terms, Sweden ($X), Estonia ($X) and Germany ($X) were the largest dried or smoked fish suppliers to Finland, with a combined X% share of total imports. Norway, Poland, the Netherlands, Iceland and Denmark lagged somewhat behind, together accounting for a further X%.

The Netherlands, 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 mixed trend patterns.

Import Prices by Country

In 2022, the average dried or smoked fish import price amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Iceland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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