Finland: Vegetable Puree Market 2024

Vegetable Puree Market Size in Finland

In 2022, after five years of growth, there was decline in the Finnish vegetable puree market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Vegetable Puree Production in Finland

In value terms, vegetable puree production stood at $X in 2022 estimated in export price. In general, the total production indicated a prominent increase 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 decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Vegetable Puree Exports

Exports from Finland

In 2022, the amount of vegetable puree exported from Finland shrank markedly to X tons, with a decrease of X% on the year before. Overall, exports continue to indicate a pronounced downturn. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, vegetable puree exports declined remarkably to $X in 2022. Over the period under review, exports continue to indicate a pronounced decrease. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Sweden (X tons) was the main destination for vegetable puree exports from Finland, accounting for a X% share of total exports. Moreover, vegetable puree exports to Sweden exceeded the volume sent to the second major destination, Estonia (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Sweden totaled X%.

In value terms, Sweden ($X) remains the key foreign market for vegetable puree exports from Finland, comprising X% of total exports. The second position in the ranking was held by Estonia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden totaled X%.

Export Prices by Country

The average vegetable puree export price stood at $X per ton in 2022, waning by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per ton), while the average price for exports to Sweden totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Vegetable Puree Imports

Imports into Finland

In 2022, after two years of growth, there was significant decline in purchases abroad of vegetable puree, when their volume decreased by X% to X tons. Overall, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, vegetable puree imports shrank remarkably to $X in 2022. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Estonia (X tons), Latvia (X tons) and Sweden (X tons) were the main suppliers of vegetable puree imports to Finland, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Estonia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Latvia ($X) and Estonia ($X) appeared to be the largest vegetable puree suppliers to Finland, with a combined X% share of total imports.

Estonia, with a CAGR of X%, saw the highest rates of growth with regard to 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 vegetable puree import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 Spain ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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