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Finland - Maize (Green) - Market Analysis, Forecast, Size, Trends and Insights
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Finland: Maize Market Overview 2021

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Maize Market Size in Finland

In 2019, after three years of growth, there was significant decline in the Finnish maize market, when its value decreased by -X% to $X. Overall, consumption, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2013 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2018, and then declined dramatically in the following year.

Maize Exports

Exports from Finland

In 2019, shipments abroad of maize (green) was finally on the rise to reach X tonnes for the first time since 2016, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a mild decrease. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2014; however, from 2015 to 2019, exports failed to regain the momentum.

In value terms, maize exports skyrocketed to $X in 2019. Overall, exports, however, saw significant growth. The pace of growth was the most pronounced in 2016 when exports increased by X% year-to-year. Exports peaked in 2019 and are expected to retain growth in the near future.

Exports by Country

Estonia (X tonnes) was the main destination for maize exports from Finland, with a X% share of total exports. Moreover, maize exports to Estonia exceeded the volume sent to the second major destination, Portugal (X tonnes), twofold. The third position in this ranking was occupied by Denmark (X kg), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Estonia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+X% per year) and Denmark (-X% per year).

In value terms, Estonia ($X) remains the key foreign market for maize exports from Finland, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Estonia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Denmark (+X% per year).

Export Prices by Country

The average maize export price stood at $X per tonne in 2019, increasing by X% against the previous year. In general, the export price showed significant growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the maximum in 2019 and is expected to retain growth in the near future.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Russia, while the prices for the other major destinations experienced more modest paces of growth.

Maize Imports

Imports into Finland

In 2019, purchases abroad of maize (green) decreased by -X% to X tonnes for the first time since 2015, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tonnes in 2018, and then dropped sharply in the following year.

In value terms, maize imports reduced remarkably to $X in 2019. Overall, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at $X in 2018, and then fell remarkably in the following year.

Imports by Country

The Netherlands (X tonnes), Spain (X tonnes) and Italy (X tonnes) were the main suppliers of maize imports to Finland, with a combined X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands, while imports for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X), Spain ($X) and Sweden ($X) were the largest maize suppliers to Finland, together comprising X% of total imports.

The Netherlands recorded the highest rates of growth with regard to the value of imports, among 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 maize import price stood at $X per tonne in 2019, approximately reflecting the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2014 to 2019, the growth in terms of the average 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 Sweden ($X per tonne), while the price for the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Sweden, 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 maize (green) in the world?
+
The U.S. (3.1M tonnes) remains the largest maize consuming country worldwide, accounting for 25% of total volume. Moreover, maize consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Croatia (891K tonnes), threefold. Nigeria (795K tonnes) ranked third in terms of total consumption with a 6.4% share.
What are the largest producers of maize (green) in the world?
+
The country with the largest volume of maize production was the U.S. (2.9M tonnes), comprising approx. 23% of total volume. Moreover, maize production in the U.S. exceeded the figures recorded by the second-largest producer, Mexico (971K tonnes), threefold. Croatia (889K tonnes) ranked third in terms of total production with a 7.1% share.
What are the leading suppliers of maize (green) to Finland?
+
In value terms, the largest maize suppliers to Finland were the Netherlands ($3.6M), Spain ($2.5M) and Sweden ($993K), with a combined 78% share of total imports.
What are the leading importers of maize (green) from Finland?
+
In value terms, Estonia ($79K) remains the key foreign market for maize exports from Finland, comprising 60% of total exports. The second position in the ranking was occupied by Italy ($23K), with a 18% share of total exports. It was followed by Denmark, with a 10% share.
What is the average export price for maize (green) in Finland?
+
In 2019, the average maize export price amounted to $21,795 per tonne, with an increase of 8.9% against the previous year.
What is the average import price for maize (green) in Finland?
+
The average maize import price stood at $2,030 per tonne in 2019, stabilizing at the previous year.

Product coverage:
• FCL 446 - Green Corn (Maize)

This report provides an in-depth analysis of the maize 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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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