Finland: Orange Juice Market Overview 2020

Orange Juice Market Size in Finland

The revenue of the orange juice market in Finland amounted to $X in 2018, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, orange juice consumption continues to indicate a skyrocketing increase. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Orange juice consumption peaked in 2018 and is likely to see steady growth in the near future.

Orange Juice Exports

Exports from Finland

Orange juice exports from Finland amounted to X tonnes in 2018, reducing by -X% against the previous year. In general, orange juice exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, orange juice exports totaled $X in 2018. In general, orange juice exports continue to indicate an abrupt drop. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, orange juice exports reached their maximum at $X in 2008; however, from 2009 to 2018, exports remained at a lower figure.

Exports by Country

Sweden (X tonnes) was the main destination for orange juice exports from Finland, with a X% share of total exports. Moreover, orange juice exports to Sweden exceeded the volume sent to the second major destination, Estonia (X tonnes), eightfold. Russia (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Sweden totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (-X% per year) and Russia (+X% per year).

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

From 2007 to 2018, the average annual growth rate of value to Sweden stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (-X% per year) and Russia (+X% per year).

Export Prices by Country

In 2018, the average orange juice export price amounted to $X per tonne, surging by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. In that year, the average export prices for orange juice reached their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Estonia ($X per tonne), while the average price for exports to Italy ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Estonia, while the prices for the other major destinations experienced more modest paces of growth.

Orange Juice Imports

Imports into Finland

In 2018, the amount of orange juice imported into Finland totaled X tonnes, picking up by X% against the previous year. Over the period under review, orange juice imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, orange juice imports totaled $X in 2018. In general, orange juice imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Over the period under review, orange juice imports attained their maximum at $X in 2013; however, from 2014 to 2018, imports remained at a lower figure.

Imports by Country

Germany (X tonnes), Sweden (X tonnes) and Denmark (X tonnes) were the main suppliers of orange juice imports to Finland, together accounting for X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Sweden (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest orange juice suppliers to Finland were Germany ($X), Brazil ($X) and Denmark ($X), together comprising X% of total imports. Sweden, Belgium, the Netherlands and France lagged somewhat behind, together comprising a further X experienced the highest growth rate of imports, among the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average orange juice import price amounted to $X per tonne, growing by X% against the previous year. Overall, the orange juice import price, however, continues to indicate a slight deduction. The pace of growth was the most pronounced in 2011 when the average import price increased by X% year-to-year. In that year, the average import prices for orange juice attained their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average import prices for orange juice remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform