Price for Fresh or Chilled Cabbage Lettuce in Finland - 2023

Contents:

  1. Price for Fresh or Chilled Cabbage Lettuce in Finland (CIF) - 2023
  2. Price for Fresh or Chilled Cabbage Lettuce in Finland (FOB) - 2022
  3. Imports of Fresh or Chilled Cabbage Lettuce in Finland
  4. Exports of Fresh or Chilled Cabbage Lettuce in Finland

Price for Fresh or Chilled Cabbage Lettuce in Finland (CIF) - 2023

The average import price for fresh or chilled cabbage lettuce stood at $1,328 per ton in December 2023, dropping by -14.1% against the previous month. In general, import price indicated a mild increase from December 2022 to December 2023: its price increased at an average monthly rate of +1.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, fresh or chilled cabbage lettuce import price decreased by -14.1% against November 2023 indices. The pace of growth was the most pronounced in February 2023 an increase of 54% m-o-m. As a result, import price attained the peak level of $2,279 per ton. From March 2023 to December 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($3,260 per ton), while the price for Spain ($1,192 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Denmark (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fresh or Chilled Cabbage Lettuce in Finland (FOB) - 2022

The average export price for fresh or chilled cabbage lettuce stood at $1,236 per ton in 2022, waning by -62.4% against the previous year. In general, the export price continues to indicate a slight decrease. The growth pace was the most rapid in 2019 when the average export price increased by 12%. Over the period under review, the average export prices attained the peak figure at $6,398 per ton in 2016; however, from 2017 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 Estonia.

From 2012 to 2022, the rate of growth in terms of prices for Estonia amounted to +8.7% per year.

Imports of Fresh or Chilled Cabbage Lettuce in Finland

In 2022, after two years of decline, there was growth in overseas purchases of fresh or chilled cabbage lettuce, when their volume increased by 3.7% to 11K tons. Over the period under review, imports, however, faced a deep reduction.

In value terms, fresh or chilled cabbage lettuce imports shrank to $14M in 2022. In general, imports, however, continue to indicate a abrupt decline.

Import of Fresh or Chilled Cabbage Lettuce in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain10.39.07.88.1-7.7%
Sweden3.12.41.82.0-13.6%
Netherlands1.21.82.81.814.5%
Germany1.50.50.70.7-22.4%
Poland0.70.40.60.4-17.0%
DenmarkN/AN/AN/A0.20%
Others0.20.30.30.20.0%
Total17.114.513.913.5-7.6%

Top Suppliers of Fresh or Chilled Cabbage Lettuce to Finland in 2022:

  1. Spain (7.0K tons)
  2. Sweden (1.2K tons)
  3. Netherlands (1.1K tons)
  4. Germany (0.8K tons)
  5. Poland (0.5K tons)
  6. Denmark (0.2K tons)

Exports of Fresh or Chilled Cabbage Lettuce in Finland

After two years of decline, shipments abroad of fresh or chilled cabbage lettuce decreased by -3.2% to 5.1 tons in 2022. Over the period under review, exports recorded a precipitous descent.

In value terms, fresh or chilled cabbage lettuce exports dropped slightly to $17K in 2022. In general, exports recorded a sharp slump.

Export of Fresh or Chilled Cabbage Lettuce in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia47.9N/A16.316.6-29.8%
OthersN/AN/A0.8N/A0%
Total47.9N/A17.116.6-29.8%

Top Export Markets for Fresh or Chilled Cabbage Lettuce from Finland in 2022:

  1. Estonia (5.1 tons)

Source: IndexBox Market Intelligence Platform

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