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Finland - Poppy Seed - Market Analysis, Forecast, Size, Trends and Insights
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Finland: Poppy Seed Market Overview 2021

Poppy Seed Market Size in Finland

The Finnish poppy seed market contracted to $X in 2020, which is down 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). Overall, consumption, however, continues to indicate mild growth. The most prominent rate of growth was recorded in 2016 when the market value increased by X% against the previous year. Poppy seed consumption peaked at $X in 2013; however, from 2014 to 2020, consumption failed to regain the momentum.

Poppy Seed Exports

Exports from Finland

In 2020, the amount of poppy seed exported from Finland dropped dramatically to X tonnes, which is down by -X% compared with the previous year. Overall, exports saw a pronounced decrease. The growth pace was the most rapid in 2013 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

In value terms, poppy seed exports shrank notably to $X in 2020. Over the period under review, exports saw strong growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

Sweden (X tonnes) was the main destination for poppy seed exports from Finland, accounting for a X% share of total exports. Moreover, poppy seed exports to Sweden exceeded the volume sent to the second major destination, Hong Kong SAR (X kg), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to Sweden stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+X% per year) and Estonia (-X% per year).

In value terms, Sweden ($X) remains the key foreign market for poppy seed exports from Finland, comprising X% of total exports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Sweden totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+X% per year) and Estonia (-X% per year).

Export Prices by Country

In 2020, the average poppy seed export price amounted to $X per tonne, rising by X% against the previous year. In general, the export price posted prominent growth. 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 2020, the country with the highest price was Sweden ($X per tonne), while the average price for exports to Hong Kong SAR ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sweden, while the prices for the other major destinations experienced mixed trend patterns.

Poppy Seed Imports

Imports into Finland

In 2020, purchases abroad of poppy seed decreased by -X% to X tonnes, falling for the third consecutive year after two years of growth. Over the period under review, imports, however, showed slight growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, poppy seed imports reduced markedly to $X in 2020. In general, imports, however, recorded mild growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. from 2014 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

The Czech Republic (X tonnes), Pakistan (X tonnes) and Austria (X tonnes) were the main suppliers of poppy seed imports to Finland, together accounting for X% of total imports.

From 2007 to 2020, the biggest increases were in Austria (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest poppy seed suppliers to Finland were the Czech Republic ($X), Pakistan ($X) and Austria ($X), together comprising X% of total imports.

Among the main suppliers, Austria (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average poppy seed import price stood at $X per tonne in 2020, picking up by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for poppy seed in the world?
+
Turkey (25K tonnes) remains the largest poppy seed consuming country worldwide, comprising approx. 24% of total volume. Moreover, poppy seed consumption in Turkey exceeded the figures recorded by the second-largest consumer, Germany (8.6K tonnes), threefold. The third position in this ranking was occupied by Poland (7K tonnes), with a 6.8% share.
What are the largest producers of poppy seed in the world?
+
The countries with the highest volumes of poppy seed production in 2020 were Turkey (30K tonnes), the Czech Republic (20K tonnes) and Spain (15K tonnes), with a combined 61% share of global production. Australia, China, France, Hungary, Croatia, Slovakia, Germany and Austria lagged somewhat behind, together comprising a further 33%.
What are the leading suppliers of poppy seed to Finland?
+
In value terms, the largest poppy seed suppliers to Finland were the Czech Republic ($92K), Pakistan ($64K) and Austria ($51K), together comprising 79% of total imports.
What are the leading importers of poppy seed from Finland?
+
In value terms, Sweden ($29K) remains the key foreign market for poppy seed exports from Finland, comprising 95% of total exports. The second position in the ranking was occupied by Hong Kong SAR ($874), with a 2.9% share of total exports.
What is the average export price for poppy seed in Finland?
+
The average poppy seed export price stood at $19,061 per tonne in 2020, increasing by 370% against the previous year.
What is the average import price for poppy seed in Finland?
+
The average poppy seed import price stood at $3,821 per tonne in 2020, surging by 10% against the previous year.

Product coverage:
• FCL 296 - Poppy seed

This report provides an in-depth analysis of the poppy seed 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.


Country coverage:
• Finland

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Finland
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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