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

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