Finland: Market for Pasta Stuffed With Meat, Fish and Cheese 2024

Market Size for Pasta Stuffed With Meat, Fish and Cheese in Finland

In 2022, the Finnish market for pasta stuffed with meat, fish and cheese decreased by -4.9% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Meat, fish or cheese pasta consumption peaked at $X in 2021, and then shrank in the following year.

Production of Pasta Stuffed With Meat, Fish and Cheese in Finland

In value terms, meat, fish or cheese pasta production shrank to $X in 2022 estimated in export price. Overall, the total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +60.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by 57%. Over the period under review, production hit record highs at $X in 2021, and then reduced modestly in the following year.

Exports of Pasta Stuffed With Meat, Fish and Cheese

Exports from Finland

In 2022, overseas shipments of pasta stuffed with meat, fish and cheese decreased by -16.8% to X tons, falling for the third consecutive year after two years of growth. Overall, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 574%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, meat, fish or cheese pasta exports fell significantly to $X in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2019 when exports increased by 724%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sweden (X tons) was the main destination for meat, fish or cheese pasta exports from Finland, accounting for a 78% share of total exports. Moreover, meat, fish or cheese pasta exports to Sweden exceeded the volume sent to the second major destination, Estonia (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Sweden stood at +79.2%.

In value terms, Sweden ($X) remains the key foreign market for pasta stuffed with meat, fish and cheese exports from Finland, comprising 76% of total exports. The second position in the ranking was taken by Estonia ($X), with a 24% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Sweden stood at +88.8%.

Export Prices by Country

The average export price for pasta stuffed with meat, fish and cheese stood at $X per ton in 2022, standing approx. at the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat, fish or cheese pasta export price increased by +1.9% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 76% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export 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 totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Pasta Stuffed With Meat, Fish and Cheese

Imports into Finland

In 2022, after two years of growth, there was significant decline in purchases abroad of pasta stuffed with meat, fish and cheese, when their volume decreased by -8.7% to X tons. Over the period under review, total imports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 52%. Imports peaked at X tons in 2021, and then shrank in the following year.

In value terms, meat, fish or cheese pasta imports rose notably to $X in 2022. Overall, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.5% against 2017 indices. The pace of growth was the most pronounced in 2014 when imports increased by 23%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

France (X tons), Italy (X tons) and Belgium (X tons) were the main suppliers of meat, fish or cheese pasta imports to Finland, with a combined 55% share of total imports. Germany, Estonia, the Netherlands, Austria, Poland and Denmark lagged somewhat behind, together accounting for a further 34%.

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 +39.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Estonia ($X) constituted the largest meat, fish or cheese pasta suppliers to Finland, together comprising 44% of total imports. Belgium, France, the Netherlands, Austria, Poland and Denmark lagged somewhat behind, together accounting for a further 37%.

The Netherlands, with a CAGR of +35.0%, recorded the highest rates of growth with regard to 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 import price for pasta stuffed with meat, fish and cheese amounted to $X per ton, with an increase of 15% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2019 an increase of 33% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 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 ($X per ton), while the price for France ($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 (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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