
Finland - Plums And Sloes - Market Analysis, Forecast, Size, Trends and Insights
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Finland: Plum And Sloe Market Overview 2021
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Plum And Sloe Market Size in Finland
After two years of growth, the Finnish plum and sloe market decreased by -X% to $X in 2019. Over the period under review, consumption continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.
Plum And Sloe Exports
Exports from Finland
In 2019, overseas shipments of plums and sloes increased by X% to X tonnes, rising for the seventh consecutive year after five years of decline. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure in 2019 and are likely to see gradual growth in the immediate term.
In value terms, plum and sloe exports soared to $X in 2019. Overall, exports recorded a significant increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Estonia (X tonnes) was the main destination for plum and sloe exports from Finland, with a X% share of total exports. Moreover, plum and sloe exports to Estonia exceeded the volume sent to the second major destination, the Netherlands (X tonnes), threefold. Russia (X kg) ranked third in terms of total exports with a X% share.
From 2007 to 2019, the average annual rate of growth in terms of volume to Estonia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Russia (+X% per year).
In value terms, Estonia ($X) remains the key foreign market for plum and sloe exports from Finland, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.
From 2007 to 2019, the average annual rate of growth in terms of value to Estonia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Denmark (+X% per year).
Export Prices by Country
The average plum and sloe export price stood at $X per tonne in 2019, picking up by X% against the previous year. Over the period under review, export price indicated a resilient increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, plum and sloe export price increased by +X% against 2013 indices. As a result, export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Estonia ($X per tonne), while the average price for exports to Russia ($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 Estonia, while the prices for the other major destinations experienced more modest paces of growth.
Plum And Sloe Imports
Imports into Finland
In 2019, the amount of plums and sloes imported into Finland dropped to X tonnes, reducing by -X% on the previous year's figure. In general, imports recorded a pronounced contraction. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Imports peaked at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.
In value terms, plum and sloe imports dropped rapidly to $X in 2019. Overall, imports continue to indicate a pronounced setback. The growth pace was the most rapid in 2013 when imports increased by X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2019, imports failed to regain the momentum.
Imports by Country
Spain (X tonnes), Poland (X tonnes) and Italy (X tonnes) were the main suppliers of plum and sloe imports to Finland, together accounting for X% of total imports. France, Denmark, Chile and Hungary lagged somewhat behind, together accounting for a further X 2007 to 2019, the biggest increases were in Denmark, while purchases for the other leaders experienced more modest paces of growth.
In value terms, Spain ($X) constituted the largest supplier of plum and sloe 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. It was followed by Poland, with a X% share.
From 2007 to 2019, the average annual rate of growth in terms of value from Spain amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Poland (+X% per year).
Import Prices by Country
The average plum and sloe import price stood at $X per tonne in 2019, shrinking by -X% against the previous year. In general, the import price saw a mild reduction. The most prominent rate of growth was recorded in 2013 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2014 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Chile ($X per tonne), while the price for Poland ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Hungary, 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 plums and sloes in the world?+
China (7M tonnes) constituted the country with the largest volume of plum and sloe consumption, accounting for 55% of total volume. Moreover, plum and sloe consumption in China exceeded the figures recorded by the second-largest consumer, Romania (708K tonnes), tenfold. Serbia (542K tonnes) ranked third in terms of total consumption with a 4.3% share.
What are the largest producers of plums and sloes in the world?+
The country with the largest volume of plum and sloe production was China (7M tonnes), accounting for 55% of total volume. Moreover, plum and sloe production in China exceeded the figures recorded by the second-largest producer, Romania (693K tonnes), tenfold. The third position in this ranking was occupied by Serbia (559K tonnes), with a 4.4% share.
What are the leading suppliers of plums and sloes to Finland?+
In value terms, Spain ($1.2M) constituted the largest supplier of plum and sloe to Finland, comprising 34% of total imports. The second position in the ranking was occupied by Italy ($573K), with a 17% share of total imports. It was followed by Poland, with a 12% share.
What are the leading importers of plums and sloes from Finland?+
In value terms, Estonia ($30K) remains the key foreign market for plum and sloe exports from Finland, comprising 80% of total exports. The second position in the ranking was occupied by the Netherlands ($5.8K), with a 16% share of total exports. It was followed by Denmark, with a 2.4% share.
What is the average export price for plums and sloes in Finland?+
In 2019, the average plum and sloe export price amounted to $3,324 per tonne, increasing by 98% against the previous year.
What is the average import price for plums and sloes in Finland?+
In 2019, the average plum and sloe import price amounted to $1,137 per tonne, waning by -19.6% against the previous year.
This report provides an in-depth analysis of the plum and sloe 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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