Finland: Pulses Market 2022

Pulses Market Size in Finland

After three years of growth, the Finnish pulses market decreased by -X% to $X in 2021. In general, consumption recorded buoyant growth. Pulses consumption peaked at $X in 2020, and then dropped in the following year.

Pulses Production in Finland

In value terms, pulses production contracted markedly to $X in 2021 estimated in export price. In general, production enjoyed a resilient increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Pulses production peaked at $X in 2020, and then fell markedly in the following year.

In 2021, the average pulses yield in Finland surged to X tons per ha, picking up by X% compared with 2020 figures. In general, the yield enjoyed a buoyant increase. As a result, the yield attained the peak level and is likely to continue growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The pulses harvested area in Finland dropped remarkably to X ha in 2021, which is down by -X% on the previous year's figure. In general, the harvested area, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2018 when the harvested area increased by X%. The pulses harvested area peaked at X ha in 2019; however, from 2020 to 2021, the harvested area failed to regain momentum.

Pulses Exports

Exports from Finland

Pulses exports from Finland skyrocketed to X tons in 2021, increasing by X% on the previous year's figure. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, pulses exports skyrocketed to $X in 2021. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Norway (X tons) was the main destination for pulses exports from Finland, with a X% share of total exports. Moreover, pulses exports to Norway exceeded the volume sent to the second major destination, the UK (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Norway totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Sweden (+X% per year).

In value terms, Norway ($X) remains the key foreign market for pulses exports from Finland, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Norway totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Sweden (+X% per year).

Export Prices by Country

The average pulses export price stood at $X per ton in 2021, waning by -X% against the previous year. Overall, the export price saw a pronounced contraction. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Sweden ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Pulses Imports

Imports into Finland

In 2021, supplies from abroad of pulses increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports recorded buoyant growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, pulses imports surged to $X in 2021. In general, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Latvia (X tons) was the main pulses supplier to Finland, accounting for a X% share of total imports. Moreover, pulses imports from Latvia exceeded the figures recorded by the second-largest supplier, Estonia (X tons), threefold. Sweden (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Latvia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (+X% per year) and Sweden (+X% per year).

In value terms, Latvia ($X), Sweden ($X) and Estonia ($X) constituted the largest pulses suppliers to Finland, with a combined X% share of total imports.

Among the main suppliers, Estonia, with a CAGR of +X%, 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

In 2021, the average pulses import price amounted to $X per ton, reducing by -X% against the previous year. In general, the import price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Estonia (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :