Finland: Lettuce And Chicory Market 2024

Lettuce And Chicory Market Size in Finland

After two years of growth, the Finnish lettuce and chicory market decreased by X% to $X in 2022. Over the period under review, consumption saw a noticeable downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Lettuce And Chicory Production in Finland

In value terms, lettuce and chicory production reached $X in 2022 estimated in export price. In general, production, however, saw a resilient increase. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

The average yield of lettuce and chicory in Finland reduced to X tons per ha in 2022, with a decrease of X% on the previous year's figure. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the yield increased by X% against the previous year. The lettuce and chicory yield peaked at X tons per ha in 2021, and then shrank in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of lettuce and chicory in Finland dropped to X ha, falling by X% against 2021 figures. In general, the harvested area continues to indicate a noticeable downturn. The growth pace was the most rapid in 2017 with an increase of X%. As a result, the harvested area reached the peak level of X ha. From 2018 to 2022, the growth of the lettuce and chicory harvested area remained at a somewhat lower figure.

Lettuce And Chicory Exports

Exports from Finland

In 2022, the amount of lettuce and chicory exported from Finland expanded sharply to X tons, growing by X% on 2021 figures. Overall, exports, however, faced a abrupt slump. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, lettuce and chicory exports fell to $X in 2022. Over the period under review, exports, however, showed a deep downturn. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

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

From 2012 to 2022, 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 lettuce and chicory exports from Finland.

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

Export Prices by Country

The average lettuce and chicory export price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price, however, recorded a strong expansion. The growth pace was the most rapid in 2015 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Estonia amounted to X% per year.

Lettuce And Chicory Imports

Imports into Finland

In 2022, overseas purchases of lettuce and chicory decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, lettuce and chicory imports reduced to $X in 2022. Over the period under review, imports continue to indicate a pronounced descent. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest lettuce and chicory supplier to Finland, accounting for a X% share of total imports. Moreover, lettuce and chicory imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

In value terms, Spain ($X), Sweden ($X) and the Netherlands ($X) appeared to be the largest lettuce and chicory suppliers to Finland, together comprising X% of total imports. Germany, Italy and Poland lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average lettuce and chicory import price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price showed a pronounced downturn. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Poland ($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 a decline.

Source: IndexBox Platform