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Finland - Evaporated And Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
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Finland: Overview of the Market for Evaporated And Condensed Milk 2021

Market Size for Evaporated And Condensed Milk in Finland

The Finnish evaporated and condensed milk market soared to $X in 2020, 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). In general, consumption recorded resilient growth. The pace of growth appeared the most rapid in 2011 when the market value increased by X% y-o-y. Over the period under review, the market reached the maximum level in 2020 and is likely to continue growth in years to come.

Exports of Evaporated And Condensed Milk

Exports from Finland

In 2020, shipments abroad of evaporated and condensed milk increased by X% to X tonnes, rising for the sixth consecutive year after seven years of decline. In general, exports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X tonnes in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, evaporated and condensed milk exports rose sharply to $X in 2020. Over the period under review, exports, however, showed a noticeable slump. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

Sweden (X tonnes) was the main destination for evaporated and condensed milk exports from Finland, with a X% share of total exports. It was followed by the Netherlands (X tonnes), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Sweden amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Estonia (-X% per year).

In value terms, Sweden ($X) remains the key foreign market for evaporated and condensed milk exports from Finland, comprising X% of total exports. The second position in the ranking was occupied by Estonia ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Sweden amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (-X% per year) and the Netherlands (-X% per year).

Export Prices by Country

In 2020, the average evaporated and condensed milk export price amounted to $X per tonne, declining by -X% against the previous year. Over the period under review, the export price, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of X% y-o-y. Over the period under review, average export prices reached the maximum at $X per tonne in 2015; however, from 2016 to 2020, export prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Estonia, while the prices for the other major destinations experienced a decline.

Imports of Evaporated And Condensed Milk

Imports into Finland

For the fourth year in a row, Finland recorded growth in supplies from abroad of evaporated and condensed milk, which increased by X% to X tonnes in 2020. Overall, imports recorded resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, evaporated and condensed milk imports rose significantly to $X in 2020. Over the period under review, imports saw a perceptible increase. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Over the period under review, imports hit record highs in 2020 and are expected to retain growth in the immediate term.

Imports by Country

In 2020, the Netherlands (X tonnes) constituted the largest evaporated and condensed milk supplier to Finland, accounting for a X% share of total imports. Moreover, evaporated and condensed milk imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Lithuania (X tonnes), twofold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the Netherlands totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+X% per year) and Germany (-X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of evaporated and condensed milk to Finland, comprising X% of total imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports. It was followed by Lithuania, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from the Netherlands amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Lithuania (+X% per year).

Import Prices by Country

In 2020, the average evaporated and condensed milk import price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the import price recorded a perceptible downturn. The pace of growth was the most pronounced in 2018 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Estonia, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for evaporated and condensed milk in the world?
+
The country with the largest volume of evaporated and condensed milk consumption was the U.S. (1M tonnes), accounting for 19% of total volume. Moreover, evaporated and condensed milk consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Peru (476K tonnes), twofold. Malaysia (303K tonnes) ranked third in terms of total consumption with a 5.5% share.
What are the largest producers of evaporated and condensed milk in the world?
+
The countries with the highest volumes of evaporated and condensed milk production in 2020 were the U.S. (1,000K tonnes), Peru (536K tonnes) and Germany (470K tonnes), with a combined 37% share of global production. These countries were followed by Malaysia, the Netherlands, Saudi Arabia, Mexico, Singapore, the UK, Russia, Belgium, Belarus and France, which together accounted for a further 40%.
What are the leading suppliers of evaporated and condensed milk to Finland?
+
In value terms, the Netherlands ($531K) constituted the largest supplier of evaporated and condensed milk to Finland, comprising 38% of total imports. The second position in the ranking was occupied by Belgium ($229K), with a 16% share of total imports. It was followed by Lithuania, with a 14% share.
What are the leading importers of evaporated and condensed milk from Finland?
+
In value terms, Sweden ($268K) remains the key foreign market for evaporated and condensed milk exports from Finland, comprising 93% of total exports. The second position in the ranking was occupied by Estonia ($15K), with a 5.3% share of total exports.
What is the average export price for evaporated and condensed milk in Finland?
+
In 2020, the average evaporated and condensed milk export price amounted to $2,012 per tonne, dropping by -5.8% against the previous year.
What is the average import price for evaporated and condensed milk in Finland?
+
In 2020, the average evaporated and condensed milk import price amounted to $2,237 per tonne, dropping by -10.6% against the previous year.

Product coverage:
• FCL 889 - Whole Milk, Condensed
• FCL 894 - Whole Milk, Evaporated
• FCL 895 - Skim Milk, Evaporated
• FCL 896 - Skim Milk, Condensed

This report provides an in-depth analysis of the market for evaporated and condensed milk 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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020
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