Finland: Grape Market 2022

Grape Market Size in Finland

The Finnish grape market rose notably to $X in 2021, surging 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). The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. Grape consumption peaked in 2021 and is likely to continue growth in the near future.

Grape Exports

Exports from Finland

Grape exports from Finland soared to X tons in 2021, jumping by X% compared with the previous year. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, grape exports skyrocketed to $X in 2021. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Estonia (X tons) was the main destination for grape exports from Finland, with a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Estonia amounted to +X%.

In value terms, Estonia ($X) also remains the key foreign market for grape exports from Finland.

From 2012 to 2021, the average annual growth rate of value to Estonia totaled +X%.

Export Prices by Country

The average grape export price stood at $X per ton in 2021, remaining stable against the previous year. Overall, export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, grape export price decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton; afterwards, it flattened through to 2021.

As there is only one major export destination, the average price level is determined by prices for Estonia.

From 2012 to 2021, the rate of growth in terms of prices for Estonia amounted to +X% per year.

Grape Imports

Imports into Finland

In 2021, purchases abroad of grapes was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, grape imports rose notably to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest grape supplier to Finland, accounting for a X% share of total imports. Moreover, grape imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Germany (+X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of grape to Finland, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Germany (+X% per year).

Import Prices by Country

In 2021, the average grape import price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; afterwards, it flattened through to 2021.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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