Finland: Lentil Market 2025

Lentil Market Size in Finland

The Finnish lentil market skyrocketed to $X in 2022, surging by 37% 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). In general, consumption recorded a buoyant increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Lentil Exports

Exports from Finland

In 2022, overseas shipments of lentils decreased by -40.8% to X kg, falling for the fourth consecutive year after three years of growth. In general, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2014 when exports increased by 100%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, lentil exports shrank notably to $X in 2022. Over the period under review, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2014 when exports increased by 101% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Estonia (X kg) was the main destination for lentil exports from Finland, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Estonia totaled -5.5%.

In value terms, Estonia ($X) also remains the key foreign market for lentils exports from Finland.

From 2012 to 2022, the average annual rate of growth in terms of value to Estonia stood at -3.0%.

Export Prices by Country

In 2022, the average lentil export price amounted to $X per ton, jumping by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2017 when the average export price increased by 18%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Estonia.

From 2012 to 2022, the rate of growth in terms of prices for Latvia amounted to +2.6% per year.

Lentil Imports

Imports into Finland

In 2022, purchases abroad of lentils was finally on the rise to reach X tons after two years of decline. In general, imports saw a remarkable increase. The pace of growth was the most pronounced in 2017 when imports increased by 112% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, lentil imports soared to $X in 2022. Over the period under review, imports posted resilient growth. The growth pace was the most rapid in 2017 with an increase of 69% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; afterwards, it flattened through to 2022.

Imports by Country

In 2022, Sweden (X tons) constituted the largest supplier of lentil to Finland, with a 65% share of total imports. Moreover, lentil imports from Sweden exceeded the figures recorded by the second-largest supplier, Poland (X tons), fivefold. Turkey (X tons) ranked third in terms of total imports with a 5.9% share.

From 2012 to 2022, the average annual growth rate of volume from Sweden totaled +20.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+48.7% per year) and Turkey (+0.8% per year).

In value terms, Sweden ($X) constituted the largest supplier of lentils to Finland, comprising 55% of total imports. The second position in the ranking was taken by Poland ($X), with an 11% share of total imports. It was followed by Turkey, with a 9.5% share.

From 2012 to 2022, the average annual growth rate of value from Sweden stood at +11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+73.9% per year) and Turkey (+3.4% per year).

Import Prices by Country

The average lentil import price stood at $X per ton in 2022, with a decrease of -8% against the previous year. Overall, the import price saw a pronounced setback. The growth pace was the most rapid in 2020 an increase of 22%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Denmark ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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