Finland: Market for Jams, Jellies, Puree And Pastes 2024

Market Size for Jams, Jellies, Puree And Pastes in Finland

The Finnish market for jams, jellies, puree and pastes reached $X in 2021, with an increase of 2.8% against the previous year. The market value increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Production of Jams, Jellies, Puree And Pastes in Finland

In value terms, jam, jelly, puree and paste production amounted to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 36%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Exports of Jams, Jellies, Puree And Pastes

Exports from Finland

In 2021, the amount of jams, jellies, puree and pastes exported from Finland skyrocketed to X tons, picking up by 17% against the previous year's figure. In general, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by 55% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, jam, jelly, puree and paste exports skyrocketed to $X in 2021. Overall, exports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 51% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Estonia (X tons) was the main destination for jam, jelly, puree and paste exports from Finland, accounting for a 50% share of total exports. Moreover, jam, jelly, puree and paste exports to Estonia exceeded the volume sent to the second major destination, Russia (X tons), twofold. The third position in this ranking was taken by Sweden (X tons), with an 18% share.

From 2012 to 2021, the average annual growth rate of volume to Estonia amounted to +4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-19.6% per year) and Sweden (+11.1% per year).

In value terms, Estonia ($X) remains the key foreign market for jams, jellies, puree and pastes exports from Finland, comprising 49% of total exports. The second position in the ranking was held by Sweden ($X), with an 18% share of total exports. It was followed by Russia, with a 15% share.

From 2012 to 2021, the average annual growth rate of value to Estonia totaled +6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+11.8% per year) and Russia (-19.4% per year).

Export Prices by Country

In 2021, the average export price for jams, jellies, puree and pastes amounted to $X per ton, surging by 17% against the previous year. In general, export price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the average export price increased by 57% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Lithuania ($X per ton), while the average price for exports to France ($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 Lithuania (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jams, Jellies, Puree And Pastes

Imports into Finland

For the sixth consecutive year, Finland recorded growth in supplies from abroad of jams, jellies, puree and pastes, which increased by 3.6% to X tons in 2021. The total import volume increased at an average annual rate of +5.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by 12% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in years to come.

In value terms, jam, jelly, puree and paste imports rose notably to $X in 2021. The total import value increased at an average annual rate of +4.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 22%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Sweden (X tons) constituted the largest supplier of jam, jelly, puree and paste to Finland, with a 32% share of total imports. Moreover, jam, jelly, puree and paste imports from Sweden exceeded the figures recorded by the second-largest supplier, Denmark (X tons), twofold. Estonia (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden amounted to +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-6.3% per year) and Estonia (+55.2% per year).

In value terms, Sweden ($X), Denmark ($X) and Estonia ($X) constituted the largest jam, jelly, puree and paste suppliers to Finland, with a combined 57% share of total imports. These countries were followed by France, the Netherlands, Latvia, Germany, Belgium, Austria, Colombia, Chile and Costa Rica, which together accounted for a further 36%.

Among the main suppliers, Austria, with a CAGR of +56.0%, saw the highest growth rate of 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

The average import price for jams, jellies, puree and pastes stood at $X per ton in 2021, surging by 3.3% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 11%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average 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 Austria ($X per ton), while the price for Costa Rica ($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 (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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