Finland: Market for Frozen Fruits And Vegetables 2024

Market Size for Frozen Fruits And Vegetables in Finland

For the third consecutive year, the Finnish frozen fruits and vegetables market recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Frozen fruits and vegetables consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Frozen Fruits And Vegetables in Finland

In value terms, frozen fruits and vegetables production rose remarkably to $X in 2022 estimated in export price. In general, the total production indicated a resilient expansion 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, production increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Frozen fruits and vegetables production peaked in 2022 and is likely to see steady growth in the near future.

Exports of Frozen Fruits And Vegetables

Exports from Finland

Frozen fruits and vegetables exports from Finland surged to X tons in 2022, picking up by X% compared with 2021 figures. In general, total exports indicated resilient growth from 2012 to 2022: its volume 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 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, frozen fruits and vegetables exports stood at $X in 2022. Overall, total exports indicated a modest expansion 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 most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X tons) was the main destination for frozen fruits and vegetables exports from Finland, with a X% share of total exports. Moreover, frozen fruits and vegetables exports to Sweden exceeded the volume sent to the second major destination, Austria (X tons), twofold. The third position in this ranking was held by Germany (X tons), with a X% share.

From 2012 to 2022, 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: Austria (X% per year) and Germany (X% per year).

In value terms, Sweden ($X) remains the key foreign market for frozen fruits and vegetables exports from Finland, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Austria (X% per year).

Export Prices by Country

The average frozen fruits and vegetables export price stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price saw a perceptible decline. The growth pace was the most rapid in 2020 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Japan ($X per ton), while the average price for exports to Poland ($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 Norway (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Frozen Fruits And Vegetables

Imports into Finland

In 2022, the amount of frozen fruits and vegetables imported into Finland expanded rapidly to X tons, growing by X% on the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, frozen fruits and vegetables imports rose markedly to $X in 2022. In general, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), the Netherlands (X tons) and Sweden (X tons) were the main suppliers of frozen fruits and vegetables imports to Finland, together accounting for X% of total imports. Poland, Germany, Slovakia, Spain and Hungary lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest frozen fruits and vegetables suppliers to Finland were Belgium ($X), the Netherlands ($X) and Sweden ($X), together comprising X% of total imports. Poland, Germany, Spain, Slovakia and Hungary lagged somewhat behind, together accounting for a further X%.

Slovakia, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of 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 frozen fruits and vegetables import price stood at $X per ton in 2022, standing approx. at the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Slovakia ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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