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Finland - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPeanut Butter Price in Finland - 2023
Contents:
- Peanut Butter Price in Finland (CIF) - 2023
- Peanut Butter Price in Finland (FOB) - 2022
- Peanut Butter Imports in Finland
- Peanut Butter Exports in Finland
Peanut Butter Price in Finland (CIF) - 2023
The average peanut butter import price stood at $4,115 per ton in August 2023, which is down by -4.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in February 2023 an increase of 12% m-o-m. Over the period under review, average import prices reached the maximum at $4,306 per ton in July 2023, and then reduced in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Sweden ($7,524 per ton), while the price for Belgium ($2,394 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Peanut Butter Price in Finland (FOB) - 2022
In 2022, the average peanut butter export price amounted to $4,674 per ton, surging by 16% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 40% against the previous year. As a result, the export price attained the peak level of $6,569 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($9,980 per ton), while the average price for exports to Russia ($3,235 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 (+11.3%), while the prices for the other major destinations experienced mixed trend patterns.
Peanut Butter Imports in Finland
In 2022, supplies from abroad of peanut butter and prepared or preserved groundnuts decreased by -2.5% to 3.4K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 21%. As a result, imports reached the peak of 3.7K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, peanut butter imports fell slightly to $12M in 2022. The total import value increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 17%. As a result, imports attained the peak of $13M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Peanut Butter in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 5.3 | 6.0 | 6.0 | 5.6 | 1.9% |
Denmark | 1.4 | 1.5 | 1.7 | 1.7 | 6.7% |
Germany | 1.1 | 1.1 | 1.3 | 1.3 | 5.7% |
Poland | 1.1 | 1.3 | 1.1 | 0.9 | -6.5% |
Lithuania | 0.7 | 1.2 | 1.0 | 0.6 | -5.0% |
Sweden | 0.5 | 0.6 | 0.7 | 0.6 | 6.3% |
Belgium | 0.5 | 0.6 | 0.5 | 0.5 | 0.0% |
Others | 0.4 | 0.6 | 0.4 | 0.9 | 31.0% |
Total | 11.0 | 12.8 | 12.7 | 12.2 | 3.5% |
Top Suppliers of Peanut Butter to Finland in 2022:
- Netherlands (1729.1 tons)
- Denmark (472.7 tons)
- Germany (373.1 tons)
- Poland (248.8 tons)
- Belgium (229.9 tons)
- Lithuania (165.3 tons)
- Sweden (71.5 tons)
Peanut Butter Exports in Finland
In 2022, overseas shipments of peanut butter and prepared or preserved groundnuts decreased by -43.3% to 28 tons, falling for the second year in a row after two years of growth. In general, exports recorded a precipitous descent. The most prominent rate of growth was recorded in 2020 with an increase of 0.4% against the previous year. As a result, the exports reached the peak of 65 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, peanut butter exports fell markedly to $133K in 2022. Over the period under review, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 4.3%. As a result, the exports attained the peak of $264K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Peanut Butter in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 157 | 140 | 112 | 101 | -13.7% |
Sweden | 3.4 | 10.1 | 15.1 | 22.7 | 88.3% |
Russia | 59.1 | 89.0 | 73.9 | 5.6 | -54.4% |
Switzerland | 6.0 | 17.0 | N/A | 0.1 | -74.5% |
Germany | 25.8 | N/A | N/A | N/A | 0% |
Others | 2.2 | 8.2 | 1.2 | 3.9 | 21.0% |
Total | 253 | 264 | 202 | 133 | -19.3% |
Top Export Markets for Peanut Butter from Finland in 2022:
- Switzerland (undefined tons)
- Estonia (22.7 tons)
- Sweden (3.6 tons)
- Russia (1.7 tons)
This report provides an in-depth analysis of the peanut butter 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:
- Prodcom 10392330 - Prepared or preserved groundnuts (including peanut butter, e xcluding by vinegar or acetic acid, frozen, purees and pastes)
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
-
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
- 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 VOLUME AND VALUE
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
- 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
- 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 peanut butter market in Finland.
This report provides an in-depth analysis of the market for nuts (prepared or preserved) in Finland.
This report provides an in-depth analysis of the canned pineapple market in Finland.
This report provides an in-depth analysis of the global peanut butter market.
This report provides an in-depth analysis of the global market for nuts (prepared or preserved).
This report provides an in-depth analysis of the global canned pineapple market.
This report provides an in-depth analysis of the peanut butter market in Finland.
This report provides an in-depth analysis of the market for nuts (prepared or preserved) in Finland.
This report provides an in-depth analysis of the canned pineapple market in Finland.
This report provides an in-depth analysis of the global peanut butter market.
Discover the leading countries in the global nut import market and their key statistics. Find out which nations play a vital role in shaping the international trade of nuts.
In 2015, the countries with the highest levels of nut production were China (X thousand tons), Mexico (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
Turkey is one of the leaders in the global nut trade. In 2014, Turkey exported X thousand tons of nuts totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total nut exports in
Thailand dominates in the global trade of prepared or preserved pineapples. In 2014, Thailand exported X thousand tons of prepared or preserved pineapples totaling X million USD, which was X million USD less than the year before. Its primary trad
Discover the leading countries in the global nut import market and their key statistics. Find out which nations play a vital role in shaping the international trade of nuts.
In 2015, the countries with the highest levels of nut production were China (X thousand tons), Mexico (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
Turkey is one of the leaders in the global nut trade. In 2014, Turkey exported X thousand tons of nuts totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total nut exports in
Thailand dominates in the global trade of prepared or preserved pineapples. In 2014, Thailand exported X thousand tons of prepared or preserved pineapples totaling X million USD, which was X million USD less than the year before. Its primary trad