Finland: Grape Market Overview 2021

Grape Market Size in Finland

In 2019, the Finnish grape market decreased by -X% to $X for the first time since 2015, thus ending a three-year rising trend. Over the period under review, consumption, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2009; however, from 2010 to 2019, consumption remained at a lower figure.

Grape Exports

Exports from Finland

In 2019, overseas shipments of grapes decreased by -X% to X tonnes, falling for the second consecutive year after four years of growth. In general, exports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2017; however, from 2018 to 2019, exports remained at a lower figure.

In value terms, grape exports reduced modestly to $X in 2019. Overall, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2017; however, from 2018 to 2019, exports stood at a somewhat lower figure.

Exports by Country

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

From 2007 to 2019, the average annual rate of growth in terms of volume to Estonia totaled +X%.

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

From 2007 to 2019, the average annual rate of growth in terms of value to Estonia totaled +X%.

Export Prices by Country

In 2019, the average grape export price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, export price indicated temperate growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, grape export price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. The export price peaked in 2019 and is likely to see gradual growth in the near future.

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

From 2007 to 2019, the rate of growth in terms of prices for Estonia amounted to +X% per year.

Grape Imports

Imports into Finland

Grape imports into Finland fell to X tonnes in 2019, waning by -X% on 2018. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes. From 2010 to 2019, the growth imports remained at a lower figure.

In value terms, grape imports declined to $X in 2019. In general, imports, however, continue to indicate mild growth. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, the Netherlands (X tonnes) 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 tonnes), threefold. Germany (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from the Netherlands stood at +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 ($X) constituted the largest supplier of grape to Finland, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from the Netherlands stood at +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 2019, the average grape import price amounted to $X per tonne, falling by -X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2010 an increase of X% against the previous year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Germany ($X per tonne), while the price for South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by India, 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 grapes in the world?

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The countries with the highest volumes of grape consumption in 2019 were China (14M tonnes), Italy (7.5M tonnes) and the U.S. (6.5M tonnes), together comprising 37% of global consumption.

What are the largest producers of grapes in the world?

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The countries with the highest volumes of grape production in 2019 were China (14M tonnes), Italy (7.9M tonnes) and the U.S. (6.2M tonnes), together comprising 37% of global production.

What are the leading suppliers of grapes to Finland?

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In value terms, the Netherlands ($24M) constituted the largest supplier of grape to Finland, comprising 51% of total imports. The second position in the ranking was occupied by Spain ($6.9M), with a 15% share of total imports. It was followed by Germany, with a 15% share.

What are the leading importers of grapes from Finland?

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In value terms, Estonia ($291K) remains the key foreign market for grape exports from Finland.

What is the average export price for grapes in Finland?

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The average grape export price stood at $3,916 per tonne in 2019, jumping by 28% against the previous year.

What is the average import price for grapes in Finland?

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The average grape import price stood at $2,597 per tonne in 2019, shrinking by -4% against the previous year.