Report Update Jan 1, 2025

Finland - Vegetable Products - Market Analysis, Forecast, Size, Trends and Insights

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Finland: Vegetable Product Market 2025

Vegetable Product Market Size in Finland

The Finnish vegetable product market skyrocketed to $X in 2022, rising by 17% against the previous year. Overall, consumption, however, continues to indicate a abrupt decrease. Vegetable product consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Vegetable Product Production in Finland

In value terms, vegetable product production amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. Vegetable product production peaked in 2022 and is expected to retain growth in the immediate term.

In 2022, the average vegetable product yield in Finland stood at less than X kg per ha, approximately equating 2021. In general, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of vegetable products production in Finland was estimated at less than X ha, approximately equating 2021 figures. Over the period under review, the harvested area showed a relatively flat trend pattern.

Vegetable Product Exports

Exports from Finland

In 2022, approx. X tons of vegetable products were exported from Finland; picking up by 36,797% against 2021 figures. In general, exports posted a slight increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, vegetable product exports soared to $X in 2022. Over the period under review, exports posted a modest increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

South Korea (X tons) was the main destination for vegetable product exports from Finland, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to South Korea was relatively modest.

From 2012 to 2022, the average annual growth rate of value to South Korea was relatively modest.

Export Prices by Country

In 2022, the average vegetable product export price amounted to $X per ton, shrinking by -77.3% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 899% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +24.0% per year.

Vegetable Product Imports

Imports into Finland

In 2022, imports of vegetable products into Finland contracted notably to X tons, which is down by -18.8% compared with the previous year. In general, imports showed a precipitous decrease. The growth pace was the most rapid in 2020 when imports increased by 59%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, vegetable product imports rose slightly to $X in 2022. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 34%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Lithuania (X tons) and China (X tons) were the main suppliers of vegetable product imports to Finland, with a combined 68% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of +75.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X), Sweden ($X) and the UK ($X) constituted the largest vegetable product suppliers to Finland, with a combined 47% share of total imports. China, Lithuania, Germany, India, Denmark and South Africa lagged somewhat behind, together accounting for a further 30%.

Lithuania, with a CAGR of +45.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average vegetable product import price stood at $X per ton in 2022, growing by 27% against the previous year. Overall, the import price enjoyed resilient growth. The pace of growth was the most pronounced in 2015 when the average import price increased by 55% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Lithuania ($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 (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vegetable products in the world?

The countries with the highest volumes of in 2021 were Brazil, India and China, together accounting for 65% of global consumption. Thailand, Pakistan, Mexico, Australia, the United States and Indonesia lagged somewhat behind, together accounting for a further 17%.

What are the largest producers of vegetable products in the world?

The countries with the highest volumes of in 2021 were Brazil, India and China, with a combined 65% share of global production. These countries were followed by Thailand, Pakistan, Mexico, Australia, the United States and Indonesia, which together accounted for a further 17%.

What are the leading suppliers of vegetable products to Finland?

In value terms, the largest vegetable product suppliers to Finland were Denmark, Sweden and the Netherlands, together comprising 60% of total imports. Lithuania, South Africa and Germany lagged somewhat behind, together accounting for a further 31%.

What are the leading importers of vegetable products from Finland?

In value terms, Latvia emerged as the key foreign market for vegetable product exports from Finland, comprising 50% of total exports. The second position in the ranking was occupied by Switzerland, with a 15% share of total exports. It was followed by Kuwait, with a 15% share.

What is the average export price for vegetable products in Finland?

The average vegetable product export price stood at $5,501 per ton in 2021, shrinking by -79.6% against the previous year.

What is the average import price for vegetable products in Finland?

In 2021, the average vegetable product import price amounted to $8,030 per ton, rising by 32% against the previous year.

This report provides an in-depth analysis of the vegetable product market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 156 - Sugar cane
FCL 161 - Sugar crops nes
FCL 459 - Chicory roots
FCL 460 - Vegetable products, fresh or dry nes
FCL 461 - Carobs

Country coverage:

Finland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Finland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024