Finland: Milled Rice Market 2020

Milled Rice Exports

Exports from Finland

Milled rice exports from Finland totaled X tons in 2018, falling by -X% against the previous year. Overall, milled rice exports continue to indicate a deep shrinkage. The growth pace was the most rapid in 2013 when exports increased by X% year-to-year. Over the period under review, milled rice exports reached their maximum at X tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, milled rice exports totaled $X in 2018. Overall, milled rice exports continue to indicate an abrupt descent. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, milled rice exports attained their maximum at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for milled rice exports from Finland, with a X% share of total exports. Moreover, milled rice exports to Spain exceeded the volume sent to the second major destination, Estonia (X tons), fourfold. The third position in this ranking was occupied by France (X tons), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Spain stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+X% per year) and France (+X% per year).

In value terms, Spain ($X) remains the key foreign market for milled rice exports from Finland, comprising X% of total milled rice exports. The second position in the ranking was occupied by Estonia ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Spain amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+X% per year) and France (+X% per year).

Export Prices by Country

The average milled rice export price stood at $X per ton in 2018, increasing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% y-o-y. In that year, the average export prices for semi-milled or wholly milled (bleached) rice reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average export prices for semi-milled or wholly milled (bleached) rice failed to regain its momentum.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Milled Rice Imports

Imports into Finland

In 2018, the milled rice imports into Finland totaled X tons, approximately equating the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, milled rice imports reached their maximum at X tons in 2013; however, from 2014 to 2018, imports remained at a lower figure.

In value terms, milled rice imports totaled $X in 2018. The total import value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. In that year, milled rice imports attained their peak of $X. From 2009 to 2018, the growth of milled rice imports remained at a lower figure.

Imports by Country

Italy (X tons), Spain (X tons) and Poland (X tons) were the main suppliers of milled rice imports to Finland, with a combined X% share of total imports. Belgium, Thailand, the Netherlands, Germany and the UK lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the UK, while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Spain ($X) and Poland ($X) were the largest milled rice suppliers to Finland, together accounting for X% of total imports.

Poland recorded the highest growth rate of market size, among the main suppliers over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average milled rice import price stood at $X per ton in 2018, picking up by X% against the previous year. In general, the milled rice import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. In that year, the average import prices for semi-milled or wholly milled (bleached) rice attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average import prices for semi-milled or wholly milled (bleached) rice remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform