Finland: Frozen Boiled Potatoes Market 2022

Frozen Boiled Potatoes Market Size in Finland

In 2020, the Finnish frozen boiled potatoes market decreased by -X% to $X for the first time since 2017, thus ending a two-year rising trend. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2011; however, from 2012 to 2020, consumption remained at a lower figure.

Frozen Boiled Potatoes Production in Finland

In value terms, frozen boiled potatoes production soared to $X in 2020 estimated in export prices. Over the period under review, production enjoyed a strong increase. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Frozen boiled potatoes production peaked at $X in 2016; however, from 2017 to 2020, production failed to regain the momentum.

Frozen Boiled Potatoes Exports

Exports from Finland

In 2020, the amount of frozen boiled potatoes exported from Finland fell notably to X tons, with a decrease of -X% against 2019 figures. Overall, exports showed a precipitous contraction. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Exports peaked at X tons in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

In value terms, frozen boiled potatoes exports dropped remarkably to $X in 2020. In general, exports recorded a deep reduction. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

Sweden (X tons) was the main destination for frozen boiled potatoes exports from Finland, accounting for a X% share of total exports. Moreover, frozen boiled potatoes exports to Sweden exceeded the volume sent to the second major destination, Estonia (X tons), sixfold.

From 2007 to 2020, the average annual growth rate of volume to Sweden stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (-X% per year) and Germany (-X% per year).

In value terms, Sweden ($X) emerged as the key foreign market for frozen boiled potatoes exports from Finland, comprising X% of total exports. The second position in the ranking was occupied by Estonia ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Sweden amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (-X% per year) and Germany (-X% per year).

Export Prices by Country

The average frozen boiled potatoes export price stood at $X per ton in 2020, with an increase of X% against the previous year. Over the period under review, export price indicated a perceptible expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average export prices hit record highs at $X per ton in 2010; however, from 2011 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Estonia ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Estonia, while the prices for the other major destinations experienced mixed trend patterns.

Frozen Boiled Potatoes Imports

Imports into Finland

In 2020, approx. X tons of frozen boiled potatoes were imported into Finland; which is down by -X% compared with the previous year. Overall, imports recorded a noticeable reduction. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at X tons in 2019, and then reduced remarkably in the following year.

In value terms, frozen boiled potatoes imports shrank rapidly to $X in 2020. In general, imports continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. from 2012 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, the Netherlands (X tons) constituted the largest frozen boiled potatoes supplier to Finland, accounting for a X% share of total imports. Moreover, frozen boiled potatoes imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. Sweden (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the Netherlands amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Sweden (+X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of frozen boiled potatoes to Finland, comprising X% of total imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2007 to 2020, the average annual growth rate of value from the Netherlands amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Sweden (+X% per year).

Import Prices by Country

In 2020, the average frozen boiled potatoes import price amounted to $X per ton, flattening at the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the average import price increased by X% year-to-year. The import price peaked at $X per ton in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the countries with the highest prices were Poland ($X per ton) and Sweden ($X per ton), while the price for Belgium ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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