Latest Report Update: Jul 29, 2021

Finland - Fish Fats And Oils - 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, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Finland: Overview of the Market for Fish Fats And Oils 2021

Market Size for Fish Fats And Oils in Finland

The Finnish fish fat and oil market contracted to $X in 2020, with a decrease of -X% against the previous year. Overall, the total consumption indicated a modest increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2016 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. From 2017 to 2020, the growth of the market failed to regain the momentum.

Production of Fish Fats And Oils in Finland

In value terms, fish fat and oil production expanded significantly to $X in 2020 estimated in export prices. In general, production showed strong growth. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% against the previous year. Fish fat and oil production peaked at $X in 2016; however, from 2017 to 2020, production failed to regain the momentum.

Exports of Fish Fats And Oils

Exports from Finland

In 2020, approx. X tonnes of fish fats and oils were exported from Finland; picking up by X% compared with the year before. Over the period under review, exports showed resilient growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Exports peaked in 2020 and are likely to see steady growth in the near future.

In value terms, fish fat and oil exports soared to $X in 2020. In general, exports recorded strong growth. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. From 2019 to 2020, the growth exports remained at a lower figure.

Exports by Country

Denmark (X tonnes) was the main destination for fish fat and oil exports from Finland, with a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Denmark totaled +X%.

In value terms, Denmark ($X) also remains the key foreign market for fish fat and oil exports from Finland.

From 2007 to 2020, the average annual rate of growth in terms of value to Denmark amounted to +X%.

Export Prices by Country

In 2020, the average fish fat and oil export price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the export price saw a noticeable shrinkage. The pace of growth was the most pronounced in 2015 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2016 to 2020, 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 Denmark.

From 2007 to 2020, the rate of growth in terms of prices for Denmark amounted to -X% per year.

Imports of Fish Fats And Oils

Imports into Finland

In 2020, the amount of fish fats and oils imported into Finland shrank dramatically to X tonnes, with a decrease of -X% on the previous year's figure. Over the period under review, imports saw a abrupt decline. The pace of growth was the most pronounced in 2019 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2010; however, from 2011 to 2020, imports stood at a somewhat lower figure.

In value terms, fish fat and oil imports contracted to $X in 2020. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Imports peaked at $X in 2010; however, from 2011 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Norway (X tonnes) constituted the largest supplier of fish fat and oil to Finland, accounting for a X% share of total imports. Moreover, fish fat and oil imports from Norway exceeded the figures recorded by the second-largest supplier, Iceland (X tonnes), more than tenfold. The third position in this ranking was occupied by Denmark (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Norway totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Iceland (-X% per year) and Denmark (-X% per year).

In value terms, Norway ($X) constituted the largest supplier of fish fat and oil to Finland, comprising X% of total imports. The second position in the ranking was occupied by Iceland ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Norway stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Iceland (-X% per year) and China (+X% per year).

Import Prices by Country

In 2020, the average fish fat and oil import price amounted to $X per tonne, surging by X% against the previous year. In general, the import price showed a resilient expansion. 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 China ($X per tonne), while the price for Denmark ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, 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 fish fats and oils in the world?
+
China (772K tonnes) constituted the country with the largest volume of fish fat and oil consumption, comprising approx. 16% of total volume. Moreover, fish fat and oil consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (317K tonnes), twofold. The third position in this ranking was occupied by Norway (315K tonnes), with a 6.7% share.
What are the largest producers of fish fats and oils in the world?
+
China (719K tonnes) remains the largest fish fat and oil producing country worldwide, accounting for 15% of total volume. Moreover, fish fat and oil production in China exceeded the figures recorded by the second-largest producer, the U.S. (352K tonnes), twofold. The third position in this ranking was occupied by India (299K tonnes), with a 6.4% share.
What are the leading suppliers of fish fats and oils to Finland?
+
In value terms, Norway ($2.3M) constituted the largest supplier of fish fat and oil to Finland, comprising 84% of total imports. The second position in the ranking was occupied by Iceland ($94K), with a 3.4% share of total imports. It was followed by China, with a 2.1% share.
What are the leading importers of fish fats and oils from Finland?
+
In value terms, Denmark ($2.4M) remains the key foreign market for fish fat and oil exports from Finland.
What is the average export price for fish fats and oils in Finland?
+
In 2020, the average fish fat and oil export price amounted to $2,062 per tonne, reducing by -20.8% against the previous year.
What is the average import price for fish fats and oils in Finland?
+
In 2020, the average fish fat and oil import price amounted to $8,439 per tonne, rising by 133% against the previous year.

Product coverage:
• Prodcom 10411200 - Fats and oils and their fractions of fish or marine mammals (excluding chemically modified)

This report provides an in-depth analysis of the market for fish fat and oil 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
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 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:
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

Webinar: Global Solid Biofuels Market - Statistics, Trends, and Outlook



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



Thursday, September 9th, 2021 @ 04:00 pm ET


Register

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



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



Thursday, September 16th, 2021 @ 04:00 pm ET


Register

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



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



Thursday, September 23rd, 2021 @ 04:00 pm ET


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