Finland: Frozen Whole Chicken Market 2022

Frozen Whole Chicken Market Size in Finland

The Finnish frozen whole chicken market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, consumption, however, recorded a deep setback. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Frozen Whole Chicken Production in Finland

In value terms, frozen whole chicken production shrank to $X in 2021 estimated in export price. In general, production, however, recorded a deep setback. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Frozen Whole Chicken Exports

Exports from Finland

In 2021, overseas shipments of frozen whole chickens increased by X% to X kg, rising for the second year in a row after two years of decline. Overall, exports, however, saw a sharp contraction. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, frozen whole chicken exports soared to $X in 2021. Over the period under review, exports, however, showed a sharp slump. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Estonia (X kg) was the main destination for frozen whole chicken exports from Finland, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Estonia amounted to +X%.

In value terms, Estonia ($X) also remains the key foreign market for frozen whole chicken exports from Finland.

From 2012 to 2021, the average annual rate of growth in terms of value to Estonia stood at +X%.

Export Prices by Country

The average frozen whole chicken export price stood at $X per ton in 2021, picking up by X% against the previous year. Over the period under review, the export price recorded a prominent expansion. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Estonia.

From 2012 to 2021, the rate of growth in terms of prices for Estonia amounted to +X% per year.

Frozen Whole Chicken Imports

Imports into Finland

In 2021, the amount of frozen whole chickens imported into Finland shrank notably to X tons, which is down by -X% on the year before. Over the period under review, total imports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of X tons, and then reduced dramatically in the following year.

In value terms, frozen whole chicken imports shrank rapidly to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of frozen whole chicken to Finland, with a X% share of total imports. Moreover, frozen whole chicken imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Sweden (X tons), twofold. The third position in this ranking was held by Denmark (X tons), with a X% share.

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

In value terms, the largest frozen whole chicken suppliers to Finland were the Netherlands ($X), Sweden ($X) and Denmark ($X), together comprising X% of total imports. Germany, Estonia, Belgium and Spain lagged somewhat behind, together comprising a further X, with a CAGR of +X%, recorded the highest growth rate of the value of imports, in terms of 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 frozen whole chicken import price stood at $X per ton in 2021, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a mild descent. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Denmark ($X per ton), while the price for Belgium ($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 a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :