Finland: Frozen Fruit Market Overview 2021

Frozen Fruit Market Size in Finland

After four years of growth, the Finnish frozen fruit market decreased by -X% to $X in 2020. Over the period under review, consumption, however, showed a mild expansion. The pace of growth was the most pronounced in 2011 when the market value increased by X% y-o-y. Frozen fruit consumption peaked at $X in 2019, and then dropped significantly in the following year.

Frozen Fruit Production in Finland

In value terms, frozen fruit production rose sharply to $X in 2020 estimated in export prices. Overall, production saw prominent growth. The pace of growth was the most pronounced in 2015 when the production volume increased by X% y-o-y. Frozen fruit production peaked in 2020 and is expected to retain growth in the immediate term.

Frozen Fruit Exports

Exports from Finland

In 2020, shipments abroad of frozen fruits was finally on the rise to reach X tonnes for the first time since 2017, thus ending a two-year declining trend. In general, total exports indicated a modest increase from 2007 to 2020: its volume 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. Over the period under review, exports attained the peak figure at X tonnes in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, frozen fruit exports skyrocketed to $X in 2020. Overall, exports recorded a slight contraction. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Exports peaked at $X in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tonnes), Germany (X tonnes) and Austria (X tonnes) were the main destinations of frozen fruit exports from Finland, together accounting for X% of total exports. These countries were followed by Belgium, China, Estonia, Italy and the Netherlands, which together accounted for a further X 2007 to 2020, the biggest increases were in Estonia (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Germany ($X) and Austria ($X) appeared to be the largest markets for frozen fruit exported from Finland worldwide, together comprising X% of total exports. These countries were followed by Belgium, Estonia, China, Italy and the Netherlands, which together accounted for a further X (+X% per year) saw the highest rates of growth with regard to the value of exports, in terms of 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

The average frozen fruit export price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. In general, the export price saw a pronounced descent. The growth pace was the most rapid in 2011 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 2012 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Average prices varied somewhat for the major external markets. In 2020, the highest prices were recorded for prices to Estonia ($X per tonne) and Italy ($X per tonne), while the average price for exports to Germany ($X per tonne) and China ($X per tonne) were amongst the lowest.

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

Frozen Fruit Imports

Imports into Finland

For the third consecutive year, Finland recorded growth in purchases abroad of frozen fruits, which increased by X% to X tonnes in 2020. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tonnes in 2013; however, from 2014 to 2020, imports remained at a lower figure.

In value terms, frozen fruit imports surged to $X in 2020. In general, total imports indicated a modest expansion 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, imports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. As a result, imports reached the peak of $X. From 2012 to 2020, the growth imports remained at a lower figure.

Imports by Country

Poland (X tonnes), Russia (X tonnes) and Serbia (X tonnes) were the main suppliers of frozen fruit imports to Finland, together comprising X% of total imports. Sweden, Belgium, Estonia, Lithuania, Germany, Denmark, Belarus and Mexico lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen fruit suppliers to Finland were Poland ($X), Russia ($X) and Serbia ($X), with a combined X% share of total imports. Belgium, Sweden, Estonia, Germany, Lithuania, Denmark, Belarus and Mexico lagged somewhat behind, together accounting for a further 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 fruit import price stood at $X per tonne in 2020, dropping by -X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2012 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Belgium ($X per tonne) and Germany ($X per tonne), while the price for Poland ($X per tonne) and Mexico ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Serbia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen fruits in the world?

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The countries with the highest volumes of frozen fruit consumption in 2020 were China (2.6M tonnes), the U.S. (1.8M tonnes) and India (1M tonnes), with a combined 35% share of global consumption. Japan, Pakistan, Indonesia, Bangladesh, Mexico, Germany, Ethiopia and Nigeria lagged somewhat behind, together accounting for a further 21%.

What are the largest producers of frozen fruits in the world?

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The countries with the highest volumes of frozen fruit production in 2020 were China (2.7M tonnes), the U.S. (1.4M tonnes) and India (1M tonnes), with a combined 32% share of global production. Japan, Mexico, Pakistan, Indonesia, Bangladesh, Poland, Ethiopia, Nigeria, Canada and Egypt lagged somewhat behind, together accounting for a further 25%.

What are the leading suppliers of frozen fruits to Finland?

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In value terms, the largest frozen fruit suppliers to Finland were Poland ($12M), Russia ($9.6M) and Serbia ($2.8M), with a combined 61% share of total imports. Belgium, Sweden, Estonia, Germany, Lithuania, Denmark, Belarus and Mexico lagged somewhat behind, together comprising a further 29%.

What are the leading importers of frozen fruits from Finland?

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In value terms, the largest markets for frozen fruit exported from Finland were Sweden ($8.7M), Germany ($6M) and Austria ($2.5M), with a combined 74% share of total exports. These countries were followed by Belgium, Estonia, China, Italy and the Netherlands, which together accounted for a further 19%.

What is the average export price for frozen fruits in Finland?

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The average frozen fruit export price stood at $2,346 per tonne in 2020, reducing by -32.4% against the previous year.

What is the average import price for frozen fruits in Finland?

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The average frozen fruit import price stood at $2,534 per tonne in 2020, dropping by -10.7% against the previous year.