Report Update Nov 1, 2024

Finland - Inedible Fish Products - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Finland: Inedible Fish Products Market 2024

Inedible Fish Products Market Size in Finland

In 2022, the Finnish inedible fish products market increased by 39% to $X, rising for the second year in a row after three years of decline. Overall, consumption, however, showed a drastic downturn. Inedible fish products consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Inedible Fish Products Production in Finland

In value terms, inedible fish products production surged to $X in 2022 estimated in export price. In general, production, however, saw a pronounced decline. Inedible fish products production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Inedible Fish Products Exports

Exports from Finland

In 2022, shipments abroad of inedible fish products decreased by -40.2% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2015 with an increase of 108% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, inedible fish products exports amounted to $X in 2022. In general, exports showed a perceptible contraction. The pace of growth was the most pronounced in 2013 when exports increased by 84% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Estonia (X tons) was the main destination for inedible fish products exports from Finland, accounting for a 74% share of total exports. Moreover, inedible fish products exports to Estonia exceeded the volume sent to the second major destination, Denmark (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to Estonia amounted to +33.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-19.5% per year) and Croatia (-98.8% per year).

In value terms, Estonia ($X) emerged as the key foreign market for inedible fish products exports from Finland, comprising 44% of total exports. The second position in the ranking was taken by Denmark ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Estonia stood at +33.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-19.8% per year) and Croatia (-45.6% per year).

Export Prices by Country

The average inedible fish products export price stood at $X per ton in 2022, picking up by 73% against the previous year. Overall, the export price showed a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($X per ton), while the average price for exports to Denmark ($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 Croatia (+4,290.8%), while the prices for the other major destinations experienced mixed trend patterns.

Inedible Fish Products Imports

Imports into Finland

Inedible fish products imports into Finland declined notably to X tons in 2022, shrinking by -44.7% compared with 2021. Over the period under review, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2013 with an increase of 30% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, inedible fish products imports dropped rapidly to $X in 2022. Overall, imports saw a abrupt descent. The growth pace was the most rapid in 2013 with an increase of 61%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Norway (X tons) constituted the largest inedible fish products supplier to Finland, with a 88% share of total imports. Moreover, inedible fish products imports from Norway exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Norway amounted to -21.9%.

In value terms, Norway ($X) constituted the largest supplier of inedible fish products to Finland, comprising 77% of total imports. The second position in the ranking was held by the United States ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Norway stood at -21.4%.

Import Prices by Country

In 2022, the average inedible fish products import price amounted to $X per ton, remaining constant against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2013 when the average import price increased by 24% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Norway totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+0.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for inedible fish products in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 40% share of global consumption.

What are the largest producers of inedible fish products in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 40% share of global production.

What are the leading suppliers of inedible fish products to Finland?

In value terms, Norway constituted the largest supplier of inedible fish products to Finland, comprising 81% of total imports. The second position in the ranking was occupied by Denmark, with an 11% share of total imports. It was followed by the United States, with a 2.9% share.

What are the leading importers of inedible fish products from Finland?

In value terms, Croatia emerged as the key foreign market for inedible fish products exports from Finland, comprising 61% of total exports. The second position in the ranking was occupied by Estonia, with a 23% share of total exports. It was followed by Denmark, with a 13% share.

What is the average export price for inedible fish products in Finland?

The average inedible fish products export price stood at $348 per ton in 2021, surging by 14% against the previous year.

What is the average import price for inedible fish products in Finland?

The average inedible fish products import price stood at $382 per ton in 2021, with an increase of 5.3% against the previous year.

This report provides an in-depth analysis of the inedible fish products market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10204200 - Inedible fish products (including fish waste, excluding whalebone and whalebone hair, coral and similar materials, s hells and cuttle-bone, unworked or simply prepared/natural sponges)

Country coverage:

Finland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Finland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023