Finland: Peach And Nectarine Market Overview 2021

Peach And Nectarine Market Size in Finland

The Finnish peach and nectarine market fell to $X in 2019, declining 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). The market value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. From 2018 to 2019, the growth of the market failed to regain the momentum.

Peach And Nectarine Exports

Exports from Finland

In 2019, approx. X tonnes of peaches and nectarines were exported from Finland; picking up by X% against the previous year. In general, exports saw buoyant growth. The pace of growth appeared the most rapid in 2012 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at X tonnes in 2017; however, from 2018 to 2019, exports failed to regain the momentum.

In value terms, peach and nectarine exports expanded notably to $X in 2019. Over the period under review, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Exports peaked in 2019 and are expected to retain growth in the immediate term.

Exports by Country

Estonia (X tonnes) was the main destination for peach and nectarine exports from Finland, with a approx. X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to Estonia totaled +X%.

In value terms, Estonia ($X) also remains the key foreign market for peach and nectarine exports from Finland.

From 2007 to 2019, the average annual growth rate of value to Estonia stood at +X%.

Export Prices by Country

In 2019, the average peach and nectarine export price amounted to $X per tonne, approximately reflecting the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

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

From 2007 to 2019, the rate of growth in terms of prices for Estonia amounted to -X% per year.

Peach And Nectarine Imports

Imports into Finland

In 2019, peach and nectarine imports into Finland reached X tonnes, with an increase of X% against the year before. The total import volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

In value terms, peach and nectarine imports dropped to $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2018, and then dropped in the following year.

Imports by Country

In 2019, Spain (X tonnes) constituted the largest supplier of peach and nectarine to Finland, with a X% share of total imports. Moreover, peach and nectarine imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tonnes), threefold.

From 2007 to 2019, the average annual growth rate of volume from Spain totaled +X%.

In value terms, Spain ($X) constituted the largest supplier of peach and nectarine to Finland, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from Spain totaled +X%.

Import Prices by Country

In 2019, the average peach and nectarine import price amounted to $X per tonne, reducing by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was Italy ($X per tonne), while the price for Spain totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Italy.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peaches and nectarines in the world?

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China (32M tonnes) constituted the country with the largest volume of peach and nectarine consumption, accounting for 75% of total volume. Moreover, peach and nectarine consumption in China exceeded the figures recorded by the second-largest consumer, Italy (1.2M tonnes), more than tenfold. The third position in this ranking was occupied by Greece (763K tonnes), with a 1.8% share.

What are the largest producers of peaches and nectarines in the world?

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China (32M tonnes) constituted the country with the largest volume of peach and nectarine production, comprising approx. 75% of total volume. Moreover, peach and nectarine production in China exceeded the figures recorded by the second-largest producer, Spain (1.5M tonnes), more than tenfold. Italy (1.2M tonnes) ranked third in terms of total production with a 2.9% share.

What are the leading suppliers of peaches and nectarines to Finland?

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In value terms, Spain ($8M) constituted the largest supplier of peach and nectarine to Finland, comprising 71% of total imports. The second position in the ranking was occupied by Italy ($2.8M), with a 25% share of total imports.

What are the leading importers of peaches and nectarines from Finland?

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In value terms, Estonia ($47K) remains the key foreign market for peach and nectarine exports from Finland.

What is the average export price for peaches and nectarines in Finland?

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In 2019, the average peach and nectarine export price amounted to $1,831 per tonne, remaining constant against the previous year.

What is the average import price for peaches and nectarines in Finland?

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In 2019, the average peach and nectarine import price amounted to $1,290 per tonne, dropping by -7.9% against the previous year.