Finland: Soft Drink Market Overview 2021

Soft Drink Market Size in Finland

The Finnish soft drink market rose notably to $X in 2020, picking up by X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. From 2009 to 2020, the growth of the market failed to regain the momentum.

Soft Drink Production in Finland

In value terms, soft drink production shrank slightly to $X in 2020 estimated in export prices. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2009 to 2020, production growth failed to regain the momentum.

Soft Drink Exports

Exports from Finland

In 2020, overseas shipments of soft drinks decreased by -X% to X tonnes, falling for the third year in a row after two years of growth. Over the period under review, exports, however, showed measured growth. The growth pace was the most rapid in 2013 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

In value terms, soft drink exports soared to $X in 2020. Overall, exports, however, saw a noticeable increase. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. As a result, exports reached the peak of $X. From 2014 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Norway (X tonnes), Sweden (X tonnes) and Estonia (X tonnes) were the main destinations of soft drink exports from Finland, with a combined X% share of total exports. These countries were followed by Denmark, Russia, Lithuania and Latvia, which together accounted for a further X 2007 to 2020, the biggest increases were in Denmark, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Norway ($X) and Estonia ($X) constituted the largest markets for soft drink exported from Finland worldwide, with a combined X% share of total exports. These countries were followed by Denmark, Lithuania, Russia and Latvia, which together accounted for a further X saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average soft drink export price stood at $X per tonne in 2020, growing by X% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Sweden ($X per tonne), while the average price for exports to Russia ($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 Estonia, while the prices for the other major destinations experienced more modest paces of growth.

Soft Drink Imports

Imports into Finland

In 2020, approx. X tonnes of soft drinks were imported into Finland; with an increase of X% against the year before. Overall, total imports indicated resilient growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, soft drink imports skyrocketed to $X in 2020. Over the period under review, imports recorded a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tonnes), Sweden (X tonnes) and Germany (X tonnes) were the main suppliers of soft drink imports to Finland, together comprising X% of total imports. These countries were followed by Austria, Switzerland, Ireland, Belgium, Denmark, Italy and the UK, which together accounted for a further X 2007 to 2020, the biggest increases were in Ireland (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest soft drink suppliers to Finland were the Netherlands ($X), Sweden ($X) and Germany ($X), with a combined X% share of total imports. These countries were followed by Switzerland, Austria, Denmark, Belgium, Ireland, Italy and the UK, which together accounted for a further X (+X% per year) saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average soft drink import price stood at $X per tonne in 2020, growing by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for soft drinks in the world?

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China (73M tonnes) remains the largest soft drink consuming country worldwide, comprising approx. 16% of total volume. Moreover, soft drink consumption in China exceeded the figures recorded by the second-largest consumer, India (29M tonnes), threefold. The U.S. (29M tonnes) ranked third in terms of total consumption with a 6.4% share.

What are the largest producers of soft drinks in the world?

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China (73M tonnes) constituted the country with the largest volume of soft drink production, comprising approx. 16% of total volume. Moreover, soft drink production in China exceeded the figures recorded by the second-largest producer, India (29M tonnes), threefold. The third position in this ranking was occupied by the U.S. (27M tonnes), with a 6.1% share.

What are the leading suppliers of soft drinks to Finland?

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In value terms, the largest soft drink suppliers to Finland were the Netherlands ($32M), Sweden ($31M) and Germany ($18M), together accounting for 56% of total imports. These countries were followed by Switzerland, Austria, Denmark, Belgium, Ireland, Italy and the UK, which together accounted for a further 33%.

What are the leading importers of soft drinks from Finland?

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In value terms, Sweden ($7.6M), Norway ($6.6M) and Estonia ($2.6M) were the largest markets for soft drink exported from Finland worldwide, with a combined 74% share of total exports. Denmark, Lithuania, Russia and Latvia lagged somewhat behind, together accounting for a further 15%.

What is the average export price for soft drinks in Finland?

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The average soft drink export price stood at $1,399 per tonne in 2020, jumping by 49% against the previous year.

What is the average import price for soft drinks in Finland?

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In 2020, the average soft drink import price amounted to $1,223 per tonne, with an increase of 7.3% against the previous year.