Finland: Oat Market 2025

Oat Market Size in Finland

In 2022, the Finnish oat market increased by 40% to $X for the first time since 2019, thus ending a two-year declining trend. In general, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Oat Production in Finland

In value terms, oat production shrank notably to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a measured expansion. The growth pace was the most rapid in 2019 with an increase of 289% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average oat yield in Finland soared to X tons per ha, growing by 23% on the previous year's figure. Overall, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 39%. As a result, the yield attained the peak level of X tons per ha. From 2020 to 2022, the growth of the average oat yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of oats production in Finland expanded slightly to X ha, picking up by 1.6% compared with the previous year's figure. In general, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 9.7%. As a result, the harvested area reached the peak level of X ha. From 2014 to 2022, the growth of the oat harvested area remained at a lower figure.

Oat Exports

Exports from Finland

In 2022, shipments abroad of oats decreased by -34.7% to X tons, falling for the second year in a row after two years of growth. Overall, exports saw a noticeable decrease. The pace of growth was the most pronounced in 2019 with an increase of 30% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, oat exports contracted significantly to $X in 2022. Over the period under review, exports continue to indicate a perceptible slump. The growth pace was the most rapid in 2019 with an increase of 34% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for oat exports from Finland, with a 67% share of total exports. Moreover, oat exports to Germany exceeded the volume sent to the second major destination, the United States (X tons), fivefold. The third position in this ranking was held by Belgium (X tons), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+425.8% per year) and Belgium (+2.0% per year).

In value terms, Germany ($X) remains the key foreign market for oats exports from Finland, comprising 62% of total exports. The second position in the ranking was taken by the United States ($X), with a 16% share of total exports. It was followed by Belgium, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled -2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+402.6% per year) and Belgium (+2.9% per year).

Export Prices by Country

The average oat export price stood at $X per ton in 2022, with an increase of 8.6% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 11% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Oat Imports

Imports into Finland

In 2022, oat imports into Finland skyrocketed to X tons, jumping by 871% on 2021. Overall, imports enjoyed a strong expansion. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, oat imports soared to $X in 2022. In general, imports saw a strong increase. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Estonia (X tons) constituted the largest supplier of oat to Finland, with a 72% share of total imports. Moreover, oat imports from Estonia exceeded the figures recorded by the second-largest supplier, the UK (X tons), sixfold. Sweden (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Estonia stood at +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+66.6% per year) and Sweden (+70.0% per year).

In value terms, the largest oat suppliers to Finland were Estonia ($X), Sweden ($X) and the UK ($X), with a combined 92% share of total imports.

Sweden, with a CAGR of +78.7%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average oat import price amounted to $X per ton, dropping by -19.8% against the previous year. Overall, the import price, however, saw a perceptible increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 67%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average 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 Lithuania ($X per ton), while the price for Estonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+22.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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