Finland: Market for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases 2024

Market Size for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Finland

The Finnish market for fresh or chilled pig meat other than cuts or carcases shrank notably to $X in 2022, with a decrease of -16% against the previous year. In general, consumption recorded a relatively flat trend pattern. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Finland

In value terms, production of fresh or chilled pig meat other than cuts or carcases reduced to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 18%. Over the period under review, production of hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Exports from Finland

After two years of decline, overseas shipments of fresh or chilled pig meat other than cuts or carcases increased by 44% to X tons in 2022. Overall, exports, however, saw a abrupt descent. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of fresh or chilled pig meat other than cuts or carcases expanded rapidly to $X in 2022. In general, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of 13% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X tons), Sweden (X tons) and Norway (X tons) were the main destinations of exports of fresh or chilled pig meat other than cuts or carcases from Finland, together comprising 100% of total exports.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +19.7%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for fresh pork other than cuts or carcases exported from Finland were Poland ($X), Sweden ($X) and Norway ($X), together comprising 99% of total exports.

Among the main countries of destination, Norway, with a CAGR of +21.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for fresh or chilled pig meat other than cuts or carcases stood at $X per ton in 2022, waning by -24.1% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 15%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then shrank remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Estonia ($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 (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Imports into Finland

In 2022, approx. X tons of fresh or chilled pig meat other than cuts or carcases were imported into Finland; with a decrease of -8.7% against the year before. Overall, imports showed a perceptible shrinkage. The growth pace was the most rapid in 2018 with an increase of 6.9% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of fresh or chilled pig meat other than cuts or carcases contracted to $X in 2022. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2019 when imports increased by 5.6%. Over the period under review, imports of attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) was the main fresh pork other than cuts or carcases supplier to Finland, accounting for a 92% share of total imports. It was followed by the Netherlands (X tons), with a 1.6% share of total imports. Spain (X tons) ranked third in terms of total imports with a 1.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled -1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-14.4% per year) and Spain (-21.9% per year).

In value terms, Germany ($X) constituted the largest supplier of fresh or chilled pig meat other than cuts or carcases to Finland, comprising 87% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 4.4% share of total imports. It was followed by Spain, with a 1.8% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled -3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-9.1% per year) and Spain (-20.7% per year).

Import Prices by Country

The average import price for fresh or chilled pig meat other than cuts or carcases stood at $X per ton in 2022, dropping by -3.3% against the previous year. Overall, the import price showed a mild descent. The most prominent rate of growth was recorded in 2017 an increase of 11%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 the Netherlands ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :