Finland: Market for Dried Cod, Whether Or Not Salted 2021

Market Size for Dried Cod, Whether Or Not Salted in Finland

In 2019, the Finnish market for dried cod, whether or not salted increased by X% to $X, rising for the third consecutive year after four years of decline. Overall, consumption saw a mild descent. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. From 2013 to 2019, the growth of the market remained at a somewhat lower figure.

Production of Dried Cod, Whether Or Not Salted in Finland

In value terms, production of dried cod, whether or not salted skyrocketed to $X in 2019 estimated in export prices. Overall, production showed a mild shrinkage. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2013 to 2019, production growth remained at a somewhat lower figure.

Exports of Dried Cod, Whether Or Not Salted

Exports from Finland

In 2019, shipments abroad of dried cod, whether or not salted increased by X% to X tons, rising for the fourth consecutive year after two years of decline. Over the period under review, exports posted a pronounced increase. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure in 2019 and are expected to retain growth in the immediate term.

In value terms, exports of dried cod, whether or not salted surged to $X in 2019. Overall, exports posted a remarkable increase. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Exports peaked in 2019 and are likely to continue growth in years to come.

Exports by Country

Portugal (X tons) was the main destination for exports of dried cod, whether or not salted from Finland, accounting for a X% share of total exports. Moreover, exports of dried cod, whether or not salted to Portugal exceeded the volume sent to the second major destination, Spain (X tons), twofold.

From 2007 to 2019, the average annual growth rate of volume to Portugal totaled +X%.

From 2007 to 2019, the average annual rate of growth in terms of value to Portugal stood at +X%.

Export Prices by Country

The average export price for dried cod, whether or not salted stood at $X per ton in 2019, with an increase of X% against the previous year. Overall, the export price recorded notable growth. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Over the period under review, average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2019, export prices failed to regain the momentum.

Average prices varied somewhat for the major export markets. In 2019, the country with the highest price was Portugal ($X per ton), while the average price for exports to Spain amounted to $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Spain.

Imports of Dried Cod, Whether Or Not Salted

Imports into Finland

For the third consecutive year, Finland recorded decline in supplies from abroad of dried cod, whether or not salted, which decreased by -X% to X kg in 2019. In general, imports recorded a pronounced downturn. The growth pace was the most rapid in 2016 when imports increased by X% y-o-y. As a result, imports reached the peak of X tons. From 2017 to 2019, the growth of imports remained at a lower figure.

In value terms, imports of dried cod, whether or not salted dropped to $X in 2019. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2019, the growth of imports remained at a lower figure.

Imports by Country

In 2019, the Netherlands (X kg) constituted the largest supplier of dried cod, whether or not salted to Finland, accounting for a X% share of total imports. Moreover, imports of dried cod, whether or not salted from the Netherlands exceeded the figures recorded by the second-largest supplier, Spain (X kg), more than tenfold. The third position in this ranking was occupied by Belgium (X kg), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from the Netherlands totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Belgium (-X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of dried cod, whether or not salted to Finland, comprising X% of total imports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from the Netherlands totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-X% per year) and Spain (-X% per year).

Import Prices by Country

The average import price for dried cod, whether or not salted stood at $X per ton in 2019, rising by X% against the previous year. Overall, the import price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per ton. From 2017 to 2019, the growth in terms of the average import prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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