Finland: Durum Wheat Market 2025

Durum Wheat Market Size in Finland

The Finnish durum wheat market declined slightly to $X in 2022, waning by -3.9% against the previous year. In general, consumption recorded a noticeable decrease. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Durum Wheat Production in Finland

In value terms, durum wheat production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2019 when the production volume increased by 85%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

The average yield of durum wheat in Finland rose modestly to X tons per ha in 2022, picking up by 3.3% against the previous year's figure. Overall, the yield, however, recorded a mild downturn. The growth pace was the most rapid in 2019 with an increase of 64% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2020 to 2022, the growth of the average durum wheat yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The durum wheat harvested area in Finland declined modestly to X ha in 2022, which is down by -3.2% compared with the previous year's figure. In general, the harvested area continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2014 when the harvested area increased by 18%. As a result, the harvested area reached the peak level of X ha. From 2015 to 2022, the growth of the durum wheat harvested area remained at a lower figure.

Durum Wheat Exports

Exports from Finland

In 2022, shipments abroad of durum wheat was finally on the rise to reach X tons after two years of decline. In general, exports posted strong growth. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, durum wheat exports soared to $X in 2022. Over the period under review, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 3,862%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Estonia (X tons), Iceland (X tons) and Sweden (X kg) were the main destinations of durum wheat exports from Finland, with a combined 99.9% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iceland (with a CAGR of +64.1%), while the other leaders experienced mixed trend patterns.

In value terms, Estonia ($X) emerged as the key foreign market for durum wheat exports from Finland, comprising 91% of total exports. The second position in the ranking was held by Iceland ($X), with a 9.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Estonia stood at +24.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iceland (+64.8% per year) and Sweden (-48.4% per year).

Export Prices by Country

In 2022, the average durum wheat export price amounted to $X per ton, with a decrease of -20.9% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2015 when the average export price increased by 398% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($X per ton), while the average price for exports to Iceland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+0.4%), while the prices for the other major destinations experienced a decline.

Durum Wheat Imports

Imports into Finland

Durum wheat imports into Finland declined sharply to X tons in 2022, with a decrease of -18.5% on the previous year's figure. Overall, imports saw a abrupt setback. The growth pace was the most rapid in 2015 with an increase of 141%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, durum wheat imports shrank markedly to $X in 2022. Over the period under review, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2015 when imports increased by 166% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Canada (X tons) was the main supplier of durum wheat to Finland, accounting for a approx. 99.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada stood at +1.4%.

In value terms, Canada ($X) constituted the largest supplier of durum wheat to Finland.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada was relatively modest.

Import Prices by Country

In 2022, the average durum wheat import price amounted to $X per ton, remaining stable against the previous year. Overall, the import price continues to indicate a mild descent. The growth pace was the most rapid in 2014 when the average import price increased by 12% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -1.5% per year.

Source: IndexBox Platform

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