Finland: Prepared Baking Powder Market Overview 2020

Prepared Baking Powder Market Size in Finland

The revenue of the prepared baking powder market in Finland amounted to $X in 2018, picking up by X% against the previous year. In general, the total market indicated buoyant growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2012 when the market value increased by X% against the previous year. Over the period under review, the prepared baking powder market reached its maximum level in 2018 and is expected to retain its growth in the immediate term.

Prepared Baking Powder Production in Finland

In value terms, prepared baking powder production amounted to $X in 2018 estimated in export prices. In general, prepared baking powder production, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Prepared baking powder production peaked in 2018 and is likely to continue its growth in the immediate term.

Prepared Baking Powder Exports

Exports from Finland

Prepared baking powder exports from Finland amounted to X tonnes in 2018, going down by -X% against the previous year. In general, prepared baking powder exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Exports peaked at X tonnes in 2013; however, from 2014 to 2018, exports remained at a lower figure.

In value terms, prepared baking powder exports stood at $X in 2018. Over the period under review, prepared baking powder exports continue to indicate a perceptible drop. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Over the period under review, prepared baking powder exports attained their maximum at $X in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tonnes), Sweden (X tonnes) and Estonia (X tonnes) were the main destinations of prepared baking powder exports from Finland, together comprising X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the Netherlands (+X% per year), while the other leaders experienced a decline.

In value terms, Estonia ($X), the Netherlands ($X) and Sweden ($X) were the largest markets for prepared baking powder exported from Finland worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, the Netherlands (+X% per year) experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced a decline.

Export Prices by Country

The average prepared baking powder export price stood at $X per tonne in 2018, surging by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% against the previous year. The export price peaked at $X per tonne in 2013; however, from 2014 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Cyprus ($X per tonne), while the average price for exports to Sweden ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Russia, while the prices for the other major destinations experienced more modest paces of growth.

Prepared Baking Powder Imports

Imports into Finland

Prepared baking powder imports into Finland stood at X tonnes in 2018, growing by X% against the previous year. Over the period under review, prepared baking powder imports, however, continue to indicate a significant deduction. The growth pace was the most rapid in 2012 when imports increased by X% against the previous year. In that year, prepared baking powder imports reached their peak of X tonnes. From 2013 to 2018, the growth of prepared baking powder imports remained at a somewhat lower figure.

In value terms, prepared baking powder imports amounted to $X in 2018. Overall, prepared baking powder imports, however, continue to indicate a drastic slump. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Over the period under review, prepared baking powder imports attained their peak figure at $X in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

Imports by Country

Denmark (X tonnes), Latvia (X tonnes) and Sweden (X tonnes) were the main suppliers of prepared baking powder imports to Finland, with a combined X% share of total imports. Germany, Hungary and Spain lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Spain, while the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X) constituted the largest supplier of prepared baking powder to Finland, comprising X% of total prepared baking powder imports. The second position in the ranking was occupied by Latvia ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Denmark amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (-X% per year) and Sweden (-X% per year).

Import Prices by Country

In 2018, the average prepared baking powder import price amounted to $X per tonne, rising by X% against the previous year. Overall, the prepared baking powder import price, however, continues to indicate a perceptible reduction. The growth pace was the most rapid in 2013 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Hungary ($X per tonne), while the price for Spain ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform