Finland: Pistachio Market Overview 2021

Pistachio Market Size in Finland

The Finnish pistachio market soared to $X in 2019, rising 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, consumption saw a buoyant expansion. The most prominent rate of growth was recorded in 2008 when the market value increased by X% against the previous year. Pistachio consumption peaked in 2019 and is likely to see steady growth in years to come.

Pistachio Exports

Exports from Finland

In 2019, overseas shipments of pistachios increased by X% to X tonnes, rising for the second consecutive year after two years of decline. In general, exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Exports peaked at X tonnes in 2015; afterwards, it flattened through to 2019.

In value terms, pistachio exports surged to $X in 2019. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Exports peaked in 2019 and are likely to see steady growth in the near future.

Exports by Country

Estonia (X tonnes) was the main destination for pistachio exports from Finland, accounting for a approx. X% share of total exports.

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

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

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

Export Prices by Country

The average pistachio export price stood at $X per tonne in 2019, flattening at the previous year. In general, the export price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2009 an increase of X% y-o-y. The export price peaked at $X per tonne in 2017; however, from 2018 to 2019, export prices failed to regain the momentum.

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.

Pistachio Imports

Imports into Finland

In 2019, approx. X tonnes of pistachios were imported into Finland; increasing by X% on the previous year's figure. Overall, imports recorded pronounced growth. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, imports attained the peak of X tonnes. From 2009 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, pistachio imports surged to $X in 2019. In general, imports showed a remarkable increase. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Imports peaked in 2019 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2019, the Netherlands (X tonnes) constituted the largest supplier of pistachio to Finland, with a X% share of total imports. Moreover, pistachio imports from the Netherlands exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), fivefold. Iran (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from the Netherlands stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Iran (+X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of pistachio to Finland, comprising X% of total imports. The second position in the ranking was occupied by Lithuania ($X), with a X% share of total imports. It was followed by the U.S., with a X% share.

From 2007 to 2019, the average annual growth rate of value from the Netherlands totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+X% per year) and the U.S. (+X% per year).

Import Prices by Country

The average pistachio import price stood at $X per tonne in 2019, reducing by -X% against the previous year. In general, import price indicated moderate growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, pistachio import price decreased by -X% against 2014 indices. The growth pace was the most rapid in 2011 an increase of X% y-o-y. The import price peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Lithuania ($X per tonne), while the price for the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Lithuania, 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 pistachios in the world?

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The countries with the highest volumes of pistachio consumption in 2019 were China (264K tonnes), Iran (259K tonnes) and the U.S. (108K tonnes), together accounting for 43% of global consumption.

What are the largest producers of pistachios in the world?

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The countries with the highest volumes of pistachio production in 2019 were Iran (338K tonnes), the U.S. (336K tonnes) and China (212K tonnes), with a combined 61% share of global production.

What are the leading suppliers of pistachios to Finland?

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In value terms, the Netherlands ($886K) constituted the largest supplier of pistachio to Finland, comprising 56% of total imports. The second position in the ranking was occupied by Lithuania ($210K), with a 13% share of total imports. It was followed by the U.S., with a 12% share.

What are the leading importers of pistachios from Finland?

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In value terms, Estonia ($62K) remains the key foreign market for pistachio exports from Finland.

What is the average export price for pistachios in Finland?

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The average pistachio export price stood at $20,224 per tonne in 2019, approximately equating the previous year.

What is the average import price for pistachios in Finland?

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The average pistachio import price stood at $12,348 per tonne in 2019, declining by -2.4% against the previous year.