Finland: Sugary Soft Drink Market 2024

Sugary Soft Drink Market Size in Finland

The Finnish sugary soft drink market rose sharply to $X in 2022, increasing by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Sugary Soft Drink Production in Finland

In value terms, sugary soft drink production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Sugary Soft Drink Exports

Exports from Finland

In 2022, overseas shipments of sugary soft drinks decreased by X% to X litres for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X litres in 2021, and then contracted markedly in the following year.

In value terms, sugary soft drink exports fell notably to $X in 2022. In general, exports, however, showed resilient growth. The pace of growth was the most pronounced in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Norway (X litres), Sweden (X litres) and Germany (X litres) were the main destinations of sugary soft drink exports from Finland, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sugary soft drink exported from Finland were Norway ($X), Sweden ($X) and Germany ($X), together accounting for X% of total exports.

Germany, with a CAGR of X%, saw the highest rates of growth with regard to 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 sugary soft drink export price stood at $X per litre in 2022, leveling off at the previous year. In general, the export price, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per litre in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, 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 a decline.

Sugary Soft Drink Imports

Imports into Finland

In 2022, purchases abroad of sugary soft drinks increased by X% to X litres, rising for the sixth consecutive year after four years of decline. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, sugary soft drink imports expanded sharply to $X in 2022. Over the period under review, imports saw a prominent expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X litres), the Netherlands (X litres) and Sweden (X litres) were the main suppliers of sugary soft drink imports to Finland, together comprising X% of total imports. Austria, Ireland, Denmark and Poland lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest sugary soft drink suppliers to Finland were Austria ($X), Sweden ($X) and the Netherlands ($X), together accounting for X% of total imports. Ireland, Germany, Denmark and Poland lagged somewhat behind, together accounting for a further X%.

Denmark, with a CAGR of X%, recorded 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 sugary soft drink import price stood at $X per litre in 2022, shrinking by X% against the previous year. Over the period under review, the import price, however, recorded a resilient increase. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per litre in 2021, and then contracted modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per litre), while the price for Germany ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

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