Finland: Roasted Decaffeinated Coffee Market 2024

Roasted Decaffeinated Coffee Market Size in Finland

The Finnish roasted decaffeinated coffee market contracted markedly to $X in 2022, falling by -20.3% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Roasted decaffeinated coffee consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Roasted Decaffeinated Coffee Production in Finland

In value terms, roasted decaffeinated coffee production shrank to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Roasted Decaffeinated Coffee Exports

Exports from Finland

In 2022, overseas shipments of roasted decaffeinated coffee increased by 75% to X kg, rising for the second year in a row after three years of decline. Over the period under review, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 179%. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, roasted decaffeinated coffee exports soared to $X in 2022. In general, exports, however, recorded a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 161% against the previous year. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X kg) was the main destination for roasted decaffeinated coffee exports from Finland, accounting for a 52% share of total exports. Moreover, roasted decaffeinated coffee exports to Sweden exceeded the volume sent to the second major destination, Estonia (X kg), threefold. The third position in this ranking was taken by the UK (X kg), with a 10% share.

From 2013 to 2022, the average annual rate of growth in terms of volume to Sweden stood at +62.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+4.0% per year) and the UK (+2,150.0% per year).

In value terms, Sweden ($X), Estonia ($X) and the UK ($X) were the largest markets for roasted decaffeinated coffee exported from Finland worldwide, together accounting for 73% of total exports.

The UK, with a CAGR of +3,116.7%, saw the highest rates of growth with regard to the value of exports, among 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

In 2022, the average roasted decaffeinated coffee export price amounted to $X per ton, which is down by -17.9% against the previous year. Overall, the export price showed a slight decline. The pace of growth appeared the most rapid in 2016 an increase of 40%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+40.9%), while the prices for the other major destinations experienced more modest paces of growth.

Roasted Decaffeinated Coffee Imports

Imports into Finland

In 2022, overseas purchases of roasted decaffeinated coffee increased by 1.4% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2015 when imports increased by 146%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, roasted decaffeinated coffee imports rose markedly to $X in 2022. In general, imports posted resilient growth. The pace of growth appeared the most rapid in 2018 when imports increased by 118% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of roasted decaffeinated coffee to Finland, with a 54% share of total imports. Moreover, roasted decaffeinated coffee imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. Switzerland (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +66.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+15.2% per year) and Switzerland (+22.8% per year).

In value terms, Germany ($X) constituted the largest supplier of roasted decaffeinated coffee to Finland, comprising 50% of total imports. The second position in the ranking was held by Switzerland ($X), with a 24% share of total imports. It was followed by Italy, with a 16% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +68.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+17.1% per year) and Italy (+2.2% per year).

Import Prices by Country

The average roasted decaffeinated coffee import price stood at $X per ton in 2022, rising by 4.6% against the previous year. In general, the import price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 31% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a 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 Switzerland ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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