Finland: Market for Processed cheese (excluding grated or powdered) 2021

Market Size for Processed cheese (excluding grated or powdered) in Finland

The Finnish market for processed cheese (excluding grated or powdered) soared to $X in 2020, jumping by X% against the previous year. Overall, the total consumption indicated temperate growth from 2007 to 2020: its value 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. Based on 2020 figures, consumption increased by +X% against 2016 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Processed cheese (excluding grated or powdered) in Finland

In value terms, production of processed cheese (excluding grated or powdered) reduced to $X in 2020 estimated in export prices. Over the period under review, production, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2008; however, from 2009 to 2020, production remained at a lower figure.

Exports of Processed cheese (excluding grated or powdered)

Exports from Finland

In 2020, the amount of processed cheese (excluding grated or powdered) exported from Finland contracted sharply to X tons, waning by -X% on the previous year's figure. Over the period under review, exports faced a abrupt decline. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Exports peaked at X tons in 2013; however, from 2014 to 2020, exports remained at a lower figure.

In value terms, exports of processed cheese (excluding grated or powdered) dropped remarkably to $X in 2020. In general, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

Exports by Country

Uzbekistan (X tons), the U.S. (X tons) and Ukraine (X tons) were the main destinations of exports of processed cheese (excluding grated or powdered) from Finland, together comprising X% of total exports.

From 2007 to 2020, the biggest increases were in Uzbekistan, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X), Ukraine ($X) and the U.S. ($X) appeared to be the largest markets for processed cheese (excluding grated or powdered) exported from Finland worldwide, together accounting for X% of total exports. These countries were followed by Azerbaijan, Georgia, Sweden, Armenia, Turkmenistan, Mongolia, Israel and Moldova, which together accounted for a further X recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for processed cheese (excluding grated or powdered) stood at $X per ton in 2020, remaining relatively unchanged against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per ton. From 2009 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Sweden ($X per ton), while the average price for exports to Israel ($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 Ukraine, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Processed cheese (excluding grated or powdered)

Imports into Finland

In 2020, supplies from abroad of processed cheese (excluding grated or powdered) decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. In general, imports, however, enjoyed a temperate expansion. The pace of growth appeared the most rapid in 2019 when imports increased by X% y-o-y. As a result, imports attained the peak of X tons, and then shrank significantly in the following year.

In value terms, imports of processed cheese (excluding grated or powdered) fell remarkably to $X in 2020. Overall, total imports indicated a measured increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2019, and then declined rapidly in the following year.

Imports by Country

Germany (X tons), Austria (X tons) and France (X tons) were the main suppliers of imports of processed cheese (excluding grated or powdered) to Finland, together accounting for X% of total imports.

From 2007 to 2020, the biggest increases were in France, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and Denmark ($X) were the largest processed cheese (excluding grated or powdered) suppliers to Finland, with a combined X% share of total imports.

In terms of the main suppliers, Austria recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average import price for processed cheese (excluding grated or powdered) amounted to $X per ton, increasing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Denmark ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Denmark, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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