Finland: Lettuce And Chicory Market 2024

Lettuce And Chicory Market Size in Finland

In 2022, after two years of growth, there was decline in the Finnish lettuce and chicory market, when its value decreased by -3.5% to $X. Overall, consumption showed a slight slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Lettuce And Chicory Production in Finland

In value terms, lettuce and chicory production expanded notably to $X in 2022 estimated in export price. Overall, production, however, showed resilient growth. The pace of growth was the most pronounced in 2015 with an increase of 274%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average lettuce and chicory yield in Finland shrank to X tons per ha, approximately equating the previous year. The yield figure increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 22%. Over the period under review, the average lettuce and chicory yield reached the peak level at X tons per ha in 2021, and then contracted modestly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the lettuce and chicory harvested area in Finland fell modestly to X ha, stabilizing at 2021 figures. In general, the harvested area showed a mild curtailment. The pace of growth was the most pronounced in 2017 when the harvested area increased by 11%. As a result, the harvested area reached the peak level of X ha. From 2018 to 2022, the growth of the lettuce and chicory harvested area remained at a lower figure.

Lettuce And Chicory Exports

Exports from Finland

Lettuce and chicory exports from Finland declined notably to X tons in 2022, with a decrease of -26% against 2021 figures. In general, exports showed a sharp reduction. The pace of growth appeared the most rapid in 2016 with an increase of 183% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, lettuce and chicory exports shrank dramatically to $X in 2022. Over the period under review, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2017 with an increase of 150% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Estonia (X tons) was the main destination for lettuce and chicory 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 -22.4%.

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

From 2012 to 2022, the average annual rate of growth in terms of value to Estonia totaled -8.3%.

Export Prices by Country

The average lettuce and chicory export price stood at $X per ton in 2022, picking up by 13% against the previous year. Overall, the export price showed a remarkable increase. The pace of growth was the most pronounced in 2015 an increase of 294% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in years to come.

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 Estonia amounted to +18.2% per year.

Lettuce And Chicory Imports

Imports into Finland

In 2022, supplies from abroad of lettuce and chicory decreased by -13.2% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports continue to indicate a mild curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 9.7%. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, lettuce and chicory imports reduced to $X in 2022. Overall, imports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest lettuce and chicory supplier to Finland, with a 58% share of total imports. Moreover, lettuce and chicory imports from Spain exceeded the figures recorded by the second-largest supplier, Sweden (X tons), threefold. Germany (X tons) ranked third in terms of total imports with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-1.0% per year) and Germany (-8.3% per year).

In value terms, Spain ($X), Sweden ($X) and the Netherlands ($X) were the largest lettuce and chicory suppliers to Finland, with a combined 82% share of total imports. Germany, Italy and Poland lagged somewhat behind, together accounting for a further 16%.

In terms of the main suppliers, Poland, with a CAGR of +62.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average lettuce and chicory import price amounted to $X per ton, surging by 6.4% against the previous year. Over the period under review, the import price, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 6.7% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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