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Finland - Preserved Asparagus - Market Analysis, Forecast, Size, Trends And Insights
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Finland: Preserved Asparagus Market Overview 2021

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Preserved Asparagus Market Size in Finland

In 2019, the Finnish preserved asparagus market increased by X% to $X for the first time since 2013, thus ending a five-year declining trend. In general, consumption, however, saw a perceptible descent. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Preserved asparagus consumption peaked at $X in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.

Preserved Asparagus Production in Finland

In value terms, preserved asparagus production surged to $X in 2019 estimated in export prices. Over the period under review, production recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs in 2019 and is likely to see gradual growth in the immediate term.

Preserved Asparagus Exports

Exports from Finland

In 2019, approx. X kg of preserved asparagus were exported from Finland; waning by -X% compared with the year before. Over the period under review, exports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at X tonnes in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

In value terms, preserved asparagus exports dropped remarkably to $X in 2019. In general, exports saw a perceptible decline. The growth pace was the most rapid in 2011 when exports increased by X% year-to-year. Exports peaked at $X in 2013; however, from 2014 to 2019, exports remained at a lower figure.

Exports by Country

Russia (X kg) and Estonia (X kg) were the main destinations of preserved asparagus exports from Finland.

From 2007 to 2019, the biggest increases were in Russia.

In value terms, Russia ($X) and Estonia ($X) appeared to be the largest markets for preserved asparagus exported from Finland worldwide.

Among the main countries of destination, Russia recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2019, the average preserved asparagus export price amounted to $X per tonne, therefore, remained relatively stable against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2016; however, from 2017 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Estonia ($X per tonne), while the average price for exports to Russia totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Estonia.

Preserved Asparagus Imports

Imports into Finland

In 2019, overseas purchases of preserved asparagus decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. In general, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, preserved asparagus imports fell sharply to $X in 2019. Over the period under review, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, China (X tonnes) was the main preserved asparagus supplier to Finland, with a approx. X% share of total imports.

From 2007 to 2019, the average annual growth rate of volume from China amounted to -X%.

In value terms, China ($X) constituted the largest supplier of preserved asparagus to Finland.

From 2007 to 2019, the average annual growth rate of value from China totaled -X%.

Import Prices by Country

In 2019, the average preserved asparagus import price amounted to $X per tonne, jumping by X% against the previous year. Overall, import price indicated perceptible 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, preserved asparagus import price increased by +X% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2007 to 2019, the rate of growth in terms of prices for China amounted to +X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for preserved asparagus in the world?
+
The countries with the highest volumes of preserved asparagus consumption in 2019 were Spain (39K tonnes), China (24K tonnes) and Germany (15K tonnes), together comprising 38% of global consumption. These countries were followed by France, India, the U.S., Denmark, Russia, Japan, Brazil, Indonesia, Bangladesh and Mexico, which together accounted for a further 29%.
What are the largest producers of preserved asparagus in the world?
+
The country with the largest volume of preserved asparagus production was China (77K tonnes), accounting for 37% of total volume. Moreover, preserved asparagus production in China exceeded the figures recorded by the second-largest producer, Peru (33K tonnes), twofold. Spain (9.5K tonnes) ranked third in terms of total production with a 4.5% share.
What are the leading suppliers of preserved asparagus to Finland?
+
In value terms, China ($139K) constituted the largest supplier of preserved asparagus to Finland.
What are the leading importers of preserved asparagus from Finland?
+
In value terms, Russia ($1K) and Estonia ($877) appeared to be the largest markets for preserved asparagus exported from Finland worldwide.
What is the average export price for preserved asparagus in Finland?
+
The average preserved asparagus export price stood at $2,504 per tonne in 2019, remaining stable against the previous year.
What is the average import price for preserved asparagus in Finland?
+
The average preserved asparagus import price stood at $3,141 per tonne in 2019, surging by 49% against the previous year.

Product coverage:
• Prodcom 10391760 - Preserved asparagus (excluding prepared vegetable dishes and asparagus dried, frozen or preserved by vinegar or acetic acid)

This report provides an in-depth analysis of the preserved asparagus 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
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 2025
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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