Finland: Preserved Turkey Market 2024

Preserved Turkey Market Size in Finland

The Finnish preserved turkey market stood at $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Preserved Turkey Production in Finland

In value terms, preserved turkey production skyrocketed to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

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Preserved Turkey Exports

Exports from Finland

In 2022, preserved turkey exports from Finland dropped to X tons, which is down by X% on the previous year's figure. In general, exports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, preserved turkey exports declined to $X in 2022. Overall, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden (X kg) was the main destination for preserved turkey exports from Finland, accounting for a X% share of total exports. Moreover, preserved turkey exports to Sweden exceeded the volume sent to the second major destination, Estonia (X kg), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (X% per year) and Russia (X% per year).

In value terms, the largest markets for preserved turkey exported from Finland were Estonia ($X), Sweden ($X) and Russia ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Estonia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average preserved turkey export price amounted to $X per ton, declining by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then fell modestly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Preserved Turkey Imports

Imports into Finland

In 2022, supplies from abroad of prepared or preserved meat or offal of turkeys decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, imports saw a abrupt contraction. The growth pace was the most rapid in 2013 with an increase of X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, preserved turkey imports shrank sharply to $X in 2022. In general, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Ireland (X tons), Sweden (X tons) and France (X tons) were the main suppliers of preserved turkey imports to Finland, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ireland (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest preserved turkey suppliers to Finland were Ireland ($X), Sweden ($X) and Germany ($X), together comprising X% of total imports.

In terms of the main suppliers, Ireland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average preserved turkey import price amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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