Finland: Market for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes 2024

Market Size for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Finland

The Finnish fruit or nut preserves market rose modestly to $X in 2021, growing by 2.6% against the previous year. The market value increased at an average annual rate of +2.6% 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 somewhat lower figure.

Production of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Finland

In value terms, fruit or nut preserves production rose modestly to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 36% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Exports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Exports from Finland

Fruit or nut preserves exports from Finland skyrocketed to X tons in 2021, with an increase of 16% on 2020 figures. In general, exports, however, saw a deep reduction. The pace of growth appeared the most rapid in 2018 with an increase of 52%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, fruit or nut preserves exports soared to $X in 2021. Overall, exports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2018 with an increase of 46%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Estonia (X tons) was the main destination for fruit or nut preserves exports from Finland, with a 48% share of total exports. Moreover, fruit or nut preserves exports to Estonia exceeded the volume sent to the second major destination, Russia (X tons), twofold. Sweden (X tons) ranked third in terms of total exports with a 19% share.

From 2012 to 2021, the average annual growth rate of volume to Estonia stood at +4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-19.9% per year) and Sweden (+10.7% per year).

In value terms, Estonia ($X) remains the key foreign market for jams, marmalades, fruit jellies, fruit or nut purees and pastes exports from Finland, comprising 47% of total exports. The second position in the ranking was held by Sweden ($X), with a 19% 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 stood at +6.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+11.7% per year) and Russia (-19.6% per year).

Export Prices by Country

In 2021, the average fruit or nut preserves export price amounted to $X per ton, picking up by 19% against the previous year. Overall, export price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.4% 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 remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, 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 Estonia (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Imports into Finland

In 2021, the amount of jams, marmalades, fruit jellies, fruit or nut purees and pastes imported into Finland expanded modestly to X tons, surging by 3.5% on the previous year's figure. The total import volume increased at an average annual rate of +5.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when imports increased by 13%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, fruit or nut preserves imports expanded significantly to $X in 2021. The total import value increased at an average annual rate of +4.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 23% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Sweden (X tons) constituted the largest supplier of fruit or nut preserves to Finland, with a 34% share of total imports. Moreover, fruit or nut preserves imports from Sweden exceeded the figures recorded by the second-largest supplier, Denmark (X tons), threefold. Estonia (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Sweden amounted to +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-7.3% per year) and Estonia (+55.2% per year).

In value terms, the largest fruit or nut preserves suppliers to Finland were Sweden ($X), Denmark ($X) and Estonia ($X), together comprising 57% 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 +58.6%, recorded 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

In 2021, the average fruit or nut preserves import price amounted to $X per ton, surging by 2.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded 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 failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, 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 (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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