Finland: Market for Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes 2024

Market Size for Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes in Finland

The Finnish market for citrus fruit jams, marmalades, jellies, purees or pastes was estimated at $X in 2022, almost unchanged from the previous year. Over the period under review, the total consumption indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +31.8% against 2019 indices. Citrus fruit jams and marmalades consumption peaked at $X in 2013; afterwards, it flattened through to 2022.

Production of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes in Finland

In value terms, citrus fruit jams and marmalades production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2013 with an increase of 47% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes

Exports from Finland

In 2022, after two years of growth, there was significant decline in overseas shipments of citrus fruit jams, marmalades, jellies, purees or pastes, when their volume decreased by -70% to X tons. Overall, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of 135%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, citrus fruit jams and marmalades exports contracted sharply to $X in 2022. Over the period under review, exports showed a deep contraction. The pace of growth was the most pronounced in 2018 when exports increased by 134%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Estonia (X tons) was the main destination for citrus fruit jams and marmalades exports from Finland, with a 92% share of total exports. Moreover, citrus fruit jams and marmalades exports to Estonia exceeded the volume sent to the second major destination, Russia (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Estonia was relatively modest.

In value terms, Estonia ($X) remains the key foreign market for citrus fruit jams, marmalades, jellies, purees or pastes exports from Finland, comprising 84% of total exports. The second position in the ranking was taken by Russia ($X), with a 4.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Estonia totaled -1.4%.

Export Prices by Country

In 2022, the average export price for citrus fruit jams, marmalades, jellies, purees or pastes amounted to $X per ton, increasing by 15% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 54%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per ton), while the average price for exports to Russia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+3.0%), while the prices for the other major destinations experienced a decline.

Imports of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes

Imports into Finland

After two years of growth, overseas purchases of citrus fruit jams, marmalades, jellies, purees or pastes decreased by -27% to X tons in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 39%. Over the period under review, imports hit record highs at X tons in 2021, and then contracted rapidly in the following year.

In value terms, citrus fruit jams and marmalades imports declined significantly to $X in 2022. In general, imports, however, saw a slight expansion. The growth pace was the most rapid in 2020 with an increase of 23% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then fell remarkably in the following year.

Imports by Country

Denmark (X tons), the Netherlands (X tons) and France (X tons) were the main suppliers of citrus fruit jams and marmalades imports to Finland, with a combined 80% share of total imports. The UK, Germany, Italy, Switzerland and Sweden lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +19.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X) constituted the largest supplier of citrus fruit jams, marmalades, jellies, purees or pastes to Finland, comprising 36% of total imports. The second position in the ranking was held by France ($X), with a 17% share of total imports. It was followed by the Netherlands, with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Denmark totaled -1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+5.9% per year) and the Netherlands (+8.1% per year).

Import Prices by Country

The average import price for citrus fruit jams, marmalades, jellies, purees or pastes stood at $X per ton in 2022, growing by 3.9% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 27% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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