Finland: Lemon And Lime Market 2025

Lemon And Lime Market Size in Finland

The Finnish lemon and lime market fell dramatically to $X in 2022, waning by -24.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -28.7% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Lemon And Lime Exports

Exports from Finland

In 2022, lemon and lime exports from Finland soared to X tons, growing by 35% against the previous year. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 524,729%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, lemon and lime exports surged to $X in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 462,632% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Estonia (X tons) was the main destination for lemon and lime exports from Finland, accounting for a 93% share of total exports. Moreover, lemon and lime exports to Estonia exceeded the volume sent to the second major destination, Sweden (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Estonia amounted to +63.5%.

In value terms, Estonia ($X) remains the key foreign market for lemons and limes exports from Finland, comprising 93% of total exports. The second position in the ranking was held by Sweden ($X), with a 7.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Estonia stood at +62.1%.

Export Prices by Country

The average lemon and lime export price stood at $X per ton in 2022, with an increase of 4.7% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lemon and lime export price increased by +19.4% against 2018 indices. The growth pace was the most rapid in 2013 an increase of 80%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per ton), while the average price for exports to Sweden amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (-0.8%).

Lemon And Lime Imports

Imports into Finland

In 2022, purchases abroad of lemons and limes decreased by -14.1% to X tons, falling for the third consecutive year after eight years of growth. In general, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -27.5% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of 21% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, lemon and lime imports shrank dramatically to $X in 2022. Over the period under review, total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -31.9% against 2020 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 37% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tons), the Netherlands (X tons) and Brazil (X tons) were the main suppliers of lemon and lime imports to Finland, with a combined 83% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +15.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of lemons and limes to Finland, comprising 48% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 19% share of total imports. It was followed by Brazil, with a 16% share.

From 2012 to 2022, the average annual growth rate of value from Spain amounted to +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+12.2% per year) and Brazil (+10.5% per year).

Import Prices by Country

In 2022, the average lemon and lime import price amounted to $X per ton, dropping by -14.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2020 an increase of 38%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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