Finland: Canned Meat Market 2025

Canned Meat Market Size in Finland

The Finnish canned meat market was estimated at $X in 2021, approximately mirroring the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the market value increased by 6% against the previous year. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Canned Meat Production in Finland

In value terms, canned meat production reduced slightly to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 5.1%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Canned Meat Exports

Exports from Finland

In 2021, shipments abroad of canned meat was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports enjoyed resilient growth. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, canned meat exports surged to $X in 2021. Overall, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 98% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

Exports by Country

Sweden (X tons) was the main destination for canned meat exports from Finland, with a 73% share of total exports. Moreover, canned meat exports to Sweden exceeded the volume sent to the second major destination, Estonia (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden totaled +11.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+6.5% per year) and Russia (-32.4% per year).

In value terms, Sweden ($X) remains the key foreign market for canned meat exports from Finland, comprising 80% of total exports. The second position in the ranking was held by Estonia ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden stood at +21.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+6.3% per year) and Russia (-33.5% per year).

Export Prices by Country

In 2021, the average canned meat export price amounted to $X per ton, remaining stable against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, canned meat export price decreased by -8.3% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 53% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+8.3%), while the prices for the other major destinations experienced a decline.

Canned Meat Imports

Imports into Finland

In 2021, overseas purchases of canned meat increased by 8.1% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 8.5% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, canned meat imports expanded sharply to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 15% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), Denmark (X tons) and Sweden (X tons) were the main suppliers of canned meat imports to Finland, with a combined 60% share of total imports. The Netherlands, Estonia, Ireland, Romania and Poland lagged somewhat behind, together comprising a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +65.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Denmark ($X) and Sweden ($X) constituted the largest canned meat suppliers to Finland, with a combined 55% share of total imports. These countries were followed by Estonia, Ireland, the Netherlands, Romania and Poland, which together accounted for a further 36%.

In terms of the main suppliers, Romania, with a CAGR of +64.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average canned meat import price amounted to $X per ton, flattening at the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 9%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Estonia ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :