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Finland - Confectionery - Market Analysis, Forecast, Size, Trends and Insights

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Finland: Confectionery Market 2022

Confectionery Market Size in Finland

The finnish confectionery market reduced modestly to $X in 2021, with a decrease of -X% against the previous year. this figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price).In general, consumption continues to indicate a relatively flat trend pattern.Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Confectionery Production in Finland

In value terms, confectionery production contracted to $X in 2021 estimated in export price.Over the period under review, production, however, continues to indicate a perceptible curtailment.The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year.Confectionery production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Confectionery Exports

Exports from Finland

In 2021, overseas shipments of confectionery increased by X% to X tons, rising for the second consecutive year after three years of decline.The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year.Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, confectionery exports skyrocketed to $X in 2021.In general, exports showed a relatively flat trend pattern.As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X tons) was the main destination for confectionery exports from Finland, with a X% share of total exports. Moreover, confectionery exports to Sweden exceeded the volume sent to the second major destination, Denmark (X tons), sixfold. Russia (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, Sweden ($X) remains the key foreign market for confectionery exports from Finland, comprising X% of total exports. The second position in the ranking was held by Denmark ($X), with an X% share of total exports. It was followed by Russia, with a X% share.

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

Export Prices by Country

In 2021, the average confectionery export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. from 2020 to 2021, the the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Norway ($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 the Czech Republic (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery Imports

Imports into Finland

Confectionery imports into finland contracted slightly to X tons in 2021, approximately reflecting the year before.The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.The most prominent rate of growth was recorded in 2020 when imports increased by X a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, confectionery imports rose notably to $X in 2021.The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period.The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year.Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Sweden (X tons) constituted the largest confectionery supplier to Finland, accounting for a X% share of total imports. Moreover, confectionery imports from Sweden exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, Sweden ($X) constituted the largest supplier of confectionery to Finland, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

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

Import Prices by Country

In 2021, the average confectionery import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. from 2020 to 2021, the average import prices remained at a lower figure.

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

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

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for confectionery in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, with a combined 32% share of global consumption. Pakistan, japan, bangladesh, indonesia, brazil, russia, nigeria and mexico lagged somewhat behind, together accounting for a further 21%.

What are the largest producers of confectionery in the world?

The countries with the highest volumes of production in 2021 were China, the United States and India, together accounting for 30% of global production. These countries were followed by Germany, Pakistan, Indonesia, Japan, Brazil, Russia, Mexico, Nigeria and Ethiopia, which together accounted for a further 24%.

What are the leading suppliers of confectionery to Finland?

In value terms, Sweden constituted the largest supplier of confectionery to Finland, comprising 39% of total imports. The second position in the ranking was held by Germany, with a 17% share of total imports. It was followed by the Netherlands, with a 16% share.

What are the leading importers of confectionery from Finland?

In value terms, Sweden remains the key foreign market for confectionery exports from Finland, comprising 49% of total exports. The second position in the ranking was held by Denmark, with an 8.2% share of total exports. It was followed by Russia, with a 7.9% share.

What is the average export price for confectionery in Finland?

The average confectionery export price stood at $4,717 per ton in 2021, rising by 3.9% against the previous year.

What is the average import price for confectionery in Finland?

In 2021, the average confectionery import price amounted to $5,101 per ton, picking up by 7.3% against the previous year.

This report provides an in-depth analysis of the confectionery 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 2030.

Product coverage:

• Prodcom 10821100 - Cocoa paste (excluding containing added sugar or other sweetening matter)

• Prodcom 10821200 - Cocoa butter, fat and oil

• Prodcom 10821300 - Cocoa powder, not containing added sugar or other sweetening matter

• Prodcom 10821400 - Cocoa powder, containing added sugar or other sweetening matter

• Prodcom 10822130 - Chocolate and other food preparations containing cocoa, in blocks, slabs or bars > 2 kg or in liquid, paste, powder, g ranular or other bulk form, in containers or immediate packings of a content > 2 kg, containing . .18 % by weight of

• Prodcom 10822150 - Chocolate milk crumb containing .18 % or more by weight of cocoa butter and in packings weighing > 2 kg

• Prodcom 10822170 - Chocolate flavour coating containing .18 % or more by weight of cocoa butter and in packings weighing > 2 kg

• Prodcom 10822190 - Food preparations containing <18 % of cocoa butter and in packings weighing > 2 kg (excluding chocolate flavour coating, chocolate milk crumb)

• Prodcom 10822233 - Filled chocolate blocks, slabs or bars consisting of a centre (including of cream, liqueur or fruit paste, excluding chocolate biscuits)

• Prodcom 10822235 - Chocolate blocks, slabs or bars with added cereal, fruit or nuts (excluding filled, chocolate biscuits)

• Prodcom 10822239 - Chocolate blocks, slabs or bars (excluding filled, with added cereal, fruit or nuts, chocolate biscuits)

• Prodcom 10822243 - Chocolates (including pralines) containing alcohol (excluding in blocks, slabs or bars)

• Prodcom 10822245 - Chocolates (excluding those containing alcohol, in blocks, s labs or bars)

• Prodcom 10822253 - Filled chocolate confectionery (excluding in blocks, slabs or bars, chocolate biscuits, chocolates)

• Prodcom 10822255 - Chocolate confectionery (excluding filled, in blocks, slabs or bars, chocolate biscuits, chocolates)

• Prodcom 10822260 - Sugar confectionery and substitutes therefor made from sugar substitution products, containing cocoa (including chocolate nougat) (excluding white chocolate)

• Prodcom 10822270 - Chocolate spreads

• Prodcom 10822280 - Preparations containing cocoa for making beverages

• Prodcom 10822290 - Food products with cocoa (excluding cocoa paste, butter, p owder, blocks, slabs, bars, liquid, paste, powder, granular, o ther bulk form in packings > 2 kg, to make beverages, c hocolate spreads)

• Prodcom 10822310 - Chewing gum

• Prodcom 10822320 - Liquorice cakes, blocks, sticks and pastilles containing > .10 % by weight of sucrose, but not containing any other substances

• Prodcom 10822330 - White chocolate

• Prodcom 10822353 - Sugar confectionery pastes in immediate packings of a net content . 1 kg (including marzipan, fondant, nougat and almond pastes)

• Prodcom 10822355 - Throat pastilles and cough drops consisting essentially of sugars and flavouring agents (excluding pastilles or drops with flavouring agents containing medicinal properties)

• Prodcom 10822363 - Sugar-coated (panned) goods (including sugar almonds)

• Prodcom 10822365 - Gums, fruit jellies and fruit pastes in the form of sugar confectionery (excluding chewing gum)

• Prodcom 10822373 - Boiled sweets

• Prodcom 10822375 - Toffees, caramels and similar sweets

• Prodcom 10822383 - Compressed tablets of sugar confectionery (including cachous)

• Prodcom 10822390 - Sugar confectionery, n.e.c.

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

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance