Finland: Market for Peel Of Citrus Fruit Or Melons 2022

Market Size for Peel Of Citrus Fruit Or Melons in Finland

The Finnish market for peel of citrus fruit or melons soared to $X in 2021, with an increase of 56% against the previous year. Over the period under review, consumption posted strong growth. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the immediate term.

Production of Peel Of Citrus Fruit Or Melons in Finland

In value terms, citrus fruit or melons peel production fell to $X in 2021 estimated in export price. In general, production recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 when the production volume increased by 30%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Exports of Peel Of Citrus Fruit Or Melons

Exports from Finland

In 2021, approx. X kg of peel of citrus fruit or melons were exported from Finland; falling by -36.3% on the previous year. Overall, exports showed a deep contraction. The growth pace was the most rapid in 2020 when exports increased by 214% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, citrus fruit or melons peel exports fell rapidly to $X in 2021. In general, exports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of 207%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Estonia (X kg) was the main destination for citrus fruit or melons peel exports from Finland, with a approx. 98% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Estonia totaled +26.6%.

In value terms, Estonia ($X) also remains the key foreign market for citrus fruit or melons peel exports from Finland.

From 2012 to 2021, the average annual rate of growth in terms of value to Estonia totaled +13.8%.

Export Prices by Country

The average export price for peel of citrus fruit or melons stood at $X per ton in 2021, with an increase of 14% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable setback. The growth pace was the most rapid in 2017 an increase of 60%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Sweden amounted to +9.2% per year.

Imports of Peel Of Citrus Fruit Or Melons

Imports into Finland

In 2021, the amount of peel of citrus fruit or melons imported into Finland soared to X tons, jumping by 42% against 2020 figures. Overall, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2014 when imports increased by 75%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, citrus fruit or melons peel imports soared to $X in 2021. In general, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 67%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of citrus fruit or melons peel to Finland, with a 77% share of total imports. Moreover, citrus fruit or melons peel imports from Spain exceeded the figures recorded by the second-largest supplier, Sweden (X tons), tenfold. The third position in this ranking was taken by Germany (X tons), with a 5.6% share.

From 2012 to 2021, the average annual growth rate of volume from Spain amounted to +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+14.5% per year) and Germany (+8.7% per year).

In value terms, Spain ($X) constituted the largest supplier of citrus fruit or melons peel to Finland, comprising 60% of total imports. The second position in the ranking was taken by Sweden ($X), with an 11% share of total imports. It was followed by Belgium, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value from Spain amounted to +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+10.8% per year) and Belgium (+21.3% per year).

Import Prices by Country

In 2021, the average import price for peel of citrus fruit or melons amounted to $X per ton, increasing by 17% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2016 an increase of 32% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Paraguay (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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