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Finland - Canned Food - Market Analysis, Forecast, Size, Trends and Insights
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Finland: Canned Food Market Overview 2021

Canned Food Market Size in Finland

The Finnish canned food market expanded modestly to $X in 2020, rising by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the market hit record highs in 2020 and is likely to see steady growth in years to come.

Canned Food Production in Finland

In value terms, canned food production expanded rapidly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% year-to-year. Canned food production peaked in 2020 and is expected to retain growth in the immediate term.

Canned Food Exports

Exports from Finland

After two years of growth, shipments abroad of canned food decreased by -X% to X tonnes in 2020. In general, exports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, canned food exports declined to $X in 2020. Over the period under review, exports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Exports peaked at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Russia (X tonnes) was the main destination for canned food exports from Finland, accounting for a X% share of total exports. Moreover, canned food exports to Russia exceeded the volume sent to the second major destination, Estonia (X tonnes), threefold. The third position in this ranking was occupied by Sweden (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Russia totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (-X% per year) and Sweden (-X% per year).

In value terms, the largest markets for canned food exported from Finland were Sweden ($X), Estonia ($X) and Russia ($X), together comprising X% of total exports. These countries were followed by China, Norway and Denmark, which together accounted for a further X (+X% per year) recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average canned food export price stood at $X per tonne in 2020, picking up by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Sweden ($X per tonne), while the average price for exports to Russia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sweden, while the prices for the other major destinations experienced more modest paces of growth.

Canned Food Imports

Imports into Finland

In 2020, supplies from abroad of canned food decreased by -X% to X tonnes, falling for the second consecutive year after three years of growth. The total import volume increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2013 when imports increased by X% y-o-y. As a result, imports attained the peak of X tonnes. from 2014 to 2020, the growth imports failed to regain the momentum.

In value terms, canned food imports fell to $X in 2020. The total import value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. from 2014 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

Sweden (X tonnes), Spain (X tonnes) and Italy (X tonnes) were the main suppliers of canned food imports to Finland, together comprising X% of total imports. These countries were followed by Germany, Thailand, Indonesia, Estonia, Belgium, the Philippines, Poland, the Netherlands, Kenya and Denmark, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Philippines, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest canned food suppliers to Finland were Sweden ($X), Germany ($X) and Spain ($X), with a combined X% share of total imports. Estonia, Italy, Thailand, Poland, Belgium, Denmark, the Netherlands, Indonesia, Kenya and the Philippines lagged somewhat behind, together accounting for a further X terms of the main suppliers, the Philippines recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average canned food import price amounted to $X per tonne, reducing by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Denmark ($X per tonne), while the price for Indonesia ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for canned food in the world?
+
China (23M tonnes) constituted the country with the largest volume of canned food consumption, accounting for 15% of total volume. Moreover, canned food consumption in China exceeded the figures recorded by the second-largest consumer, India (9.2M tonnes), threefold. The third position in this ranking was occupied by Pakistan (5.2M tonnes), with a 3.3% share.
What are the largest producers of canned food in the world?
+
China (25M tonnes) constituted the country with the largest volume of canned food production, comprising approx. 16% of total volume. Moreover, canned food production in China exceeded the figures recorded by the second-largest producer, India (9.4M tonnes), threefold. The third position in this ranking was occupied by Italy (6.4M tonnes), with a 4.1% share.
What are the leading suppliers of canned food to Finland?
+
In value terms, the largest canned food suppliers to Finland were Sweden ($48M), Germany ($33M) and Spain ($22M), together accounting for 43% of total imports. Estonia, Italy, Thailand, Poland, Belgium, Denmark, the Netherlands, Indonesia, Kenya and the Philippines lagged somewhat behind, together accounting for a further 41%.
What are the leading importers of canned food from Finland?
+
In value terms, the largest markets for canned food exported from Finland were Sweden ($6.4M), Estonia ($4.2M) and Russia ($3.9M), together accounting for 84% of total exports. These countries were followed by China, Norway and Denmark, which together accounted for a further 12%.
What is the average export price for canned food in Finland?
+
The average canned food export price stood at $3,848 per tonne in 2020, with an increase of 23% against the previous year.
What is the average import price for canned food in Finland?
+
In 2020, the average canned food import price amounted to $2,908 per tonne, shrinking by -2.4% against the previous year.

Product coverage:
• Prodcom 10861060 - Homogenised composite food preparations for infant food or dietetic purposes p.r.s. in containers . .250 g
• Prodcom 10861030 - Homogenised vegetables (excluding frozen, preserved by vinegar or acetic acid)
• Prodcom 10861050 - Homogenised preparations of jams, fruit jellies, marmalades, f ruit or nut puree and fruit or nut pastes
• Prodcom 10861060 - Homogenised composite food preparations for infant food or dietetic purposes p.r.s. in containers . .250 g
• Prodcom 10861070 - Food preparations for infants, p.r.s. (excluding homogenised composite food preparations)
• Prodcom 10891100 - Soups and broths and preparations therefor
• Prodcom 10861010 - Homogenised preparations of meat, meat offal or blood (excluding sausages and similar products of meat, food preparations based on these products)
• Prodcom 10131505 - Prepared or preserved goose or duck liver (excluding sausages and prepared meals and dishes)
• Prodcom 10131515 - Prepared or preserved liver of other animals (excluding sausages and prepared meals and dishes)
• Prodcom 10131525 - Prepared or preserved meat or offal of turkeys (excluding sausages, preparations of liver and prepared meals and dishes)
• Prodcom 10131535 - Other prepared or preserved poultry meat (excluding sausages, preparations of liver and prepared meals and dishes)
• Prodcom 10131545 - Prepared or preserved meat of swine: hams and cuts thereof (excluding prepared meals and dishes)
• Prodcom 10131555 - Prepared or preserved meat of swine: shoulders and cuts thereof, of swine (excluding prepared meals and dishes)
• Prodcom 10131565 - Prepared or preserved meat, offal and mixtures of domestic swine, including mixtures, containing < .40 % meat or offal of any kind and fats of any kind (excluding sausages and similar products, homogenised preparations, preparations of liver and prepared meals and dishes)
• Prodcom 10131575 - Other prepared or preserved meat, offal and mixtures of
• Prodcom 10131585 - Prepared or preserved meat or offal of bovine animals (excluding sausages and similar products, homogenised preparations, preparations of liver and prepared meals and dishes)
• Prodcom 10131595 - Other prepared or preserved meat or offal, including blood
• Prodcom 10391710 - Preserved tomatoes, whole or in pieces (excluding prepared vegetable dishes and tomatoes preserved by vinegar or acetic acid)
• Prodcom 10851300 - Prepared meals and dishes based on vegetables
• Prodcom 10391800 - Vegetables (excluding potatoes), fruit, nuts and other edible parts of plants, prepared or preserved by vinegar or acetic acid
• Prodcom 100000Z3 - Vegetables (except potatoes), preserved otherwise than by vinegar or acetic acid, including prepared vegetable dishes

This report provides an in-depth analysis of the canned food market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Finland

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Finland
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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