Finland - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGroundnuts Price in Finland - 2023
Contents:
- Groundnuts Price in Finland (CIF) - 2022
- Groundnuts Price in Finland (FOB) - 2022
- Groundnuts Imports in Finland
- Groundnuts Exports in Finland
Groundnuts Price in Finland (CIF) - 2022
In 2022, the average groundnuts import price amounted to $1,588 per ton, growing by 8.2% against the previous year. Overall, the import price, however, continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 15% against the previous year. The import price peaked at $2,118 per ton in 2013; however, from 2014 to 2022, 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 Estonia ($2,028 per ton), while the price for Sweden ($1,144 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Groundnuts Price in Finland (FOB) - 2022
The average groundnuts export price stood at $2,465 per ton in 2022, picking up by 23% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price increased by 30%. As a result, the export price attained the peak level of $3,214 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($19,985 per ton), while the average price for exports to Estonia ($1,892 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+74.6%), while the prices for the other major destinations experienced mixed trend patterns.
Groundnuts Imports in Finland
In 2022, supplies from abroad of ground-nut (in-shell) decreased by -31.4% to 365 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year. As a result, imports reached the peak of 607 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, groundnuts imports contracted sharply to $580K in 2022. Over the period under review, imports showed a noticeable descent. The most prominent rate of growth was recorded in 2020 when imports increased by 23% against the previous year.
Import of Groundnuts in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 284 | 463 | 523 | 373 | 9.5% |
Estonia | 187 | 180 | 156 | 163 | -4.5% |
Moldova | 43.5 | 46.9 | 28.1 | 34.3 | -7.6% |
Sweden | 2.0 | 55.1 | 28.3 | 6.6 | 48.9% |
Netherlands | 109 | 19.8 | 23.3 | 1.7 | -75.0% |
Others | 5.3 | 9.7 | 23.2 | 0.9 | -44.6% |
Total | 631 | 774 | 782 | 580 | -2.8% |
Top Suppliers of Groundnuts to Finland in 2022:
- Argentina (275.6 tons)
- Estonia (80.5 tons)
- Sweden (5.8 tons)
- Moldova (2.3 tons)
- Netherlands (1.2 tons)
Groundnuts Exports in Finland
In 2022, after three years of growth, there was significant decline in overseas shipments of ground-nut (in-shell), when their volume decreased by -74.6% to 2.2 tons. Overall, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 114% against the previous year. As a result, the exports reached the peak of 8.6 tons, and then contracted notably in the following year.
In value terms, groundnuts exports dropped dramatically to $5.4K in 2022. In general, exports saw a pronounced decline. The growth pace was the most rapid in 2021 when exports increased by 127% against the previous year. As a result, the exports attained the peak of $17K, and then fell markedly in the following year.
Export of Groundnuts in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 2.5 | 3.7 | 7.5 | 3.0 | 6.3% |
Sweden | 1.4 | 1.4 | 8.3 | 1.3 | -2.4% |
Latvia | 1.9 | 1.2 | 1.5 | 1.0 | -19.3% |
Iceland | N/A | 1.2 | N/A | N/A | 0% |
Others | N/A | 0.1 | N/A | N/A | 0% |
Total | 5.8 | 7.6 | 17.3 | 5.4 | -2.4% |
Top Export Markets for Groundnuts from Finland in 2022:
- Estonia (1596.0 kg)
- Latvia (518.0 kg)
- Sweden (67.0 kg)
This report provides an in-depth analysis of the groundnuts 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 242 - Groundnuts, in shell
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the groundnuts market in Finland.
This report provides an in-depth analysis of the global groundnuts market.
This report provides an in-depth analysis of the groundnuts market in Finland.
This report provides an in-depth analysis of the global groundnuts market.
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