Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Finland - 2023
Contents:
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Finland (CIF) - 2023
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Finland (FOB) - 2023
- Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Finland
- Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Finland
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Finland (CIF) - 2023
In October 2023, the average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen amounted to $1,805 per ton, with an increase of 18% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the countries with the highest prices were Ecuador ($1,929 per ton) and China ($1,864 per ton), while the price for Serbia ($1,341 per ton) and Turkey ($1,761 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Finland (FOB) - 2023
The average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $1,400 per ton in October 2023, falling by -26.9% against the previous month. In general, the export price recorded a mild contraction. The pace of growth was the most pronounced in July 2023 when the average export price increased by 27% against the previous month. The export price peaked at $2,063 per ton in May 2023; however, from June 2023 to October 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From October 2022 to October 2023, the rate of growth in terms of prices for Sweden amounted to +3.5% per month.
Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Finland
In 2022, the amount of vegetables (uncooked or cooked by steaming or boiling in water); frozen imported into Finland amounted to 34K tons, surging by 5.6% against the year before. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 9.2%. As a result, imports reached the peak of 35K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen expanded markedly to $41M in 2022. Over the period under review, imports, however, saw a noticeable setback.
Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 15.3 | 18.1 | 17.3 | 17.4 | 4.4% |
Poland | 6.3 | 4.8 | 4.9 | 5.2 | -6.2% |
Netherlands | 7.8 | 4.3 | 3.7 | 4.6 | -16.1% |
Spain | 2.4 | 2.3 | 2.6 | 2.7 | 4.0% |
Germany | 0.5 | 3.0 | 2.6 | 1.8 | 53.3% |
Slovakia | 1.4 | 1.4 | 1.4 | 1.8 | 8.7% |
Hungary | 1.2 | 1.0 | 1.1 | 1.2 | 0.0% |
Others | 8.5 | 4.1 | 5.2 | 6.1 | -10.5% |
Total | 43.4 | 38.9 | 38.8 | 40.8 | -2.0% |
Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to Finland in 2022:
- Belgium (16.3K tons)
- Poland (4.9K tons)
- Netherlands (3.1K tons)
- Slovakia (2.1K tons)
- Spain (2.0K tons)
- Germany (1.3K tons)
- Hungary (1.1K tons)
Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Finland
In 2022, approx. 3.1K tons of vegetables (uncooked or cooked by steaming or boiling in water); frozen were exported from Finland; dropping by -28.8% compared with the previous year's figure. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 62% against the previous year. As a result, the exports attained the peak of 4.4K tons, and then shrank notably in the following year.
In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen contracted notably to $5.5M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +26.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 59% against the previous year. As a result, the exports attained the peak of $7.6M, and then declined significantly in the following year.
Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 0.9 | 2.5 | 3.4 | 3.4 | 55.7% |
Italy | 2.6 | 1.8 | 3.5 | 1.5 | -16.8% |
Estonia | 0.5 | 0.4 | 0.4 | 0.4 | -7.2% |
Norway | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
Others | 0.3 | 0.1 | 0.1 | 0.2 | -12.6% |
Total | 4.4 | 4.8 | 7.6 | 5.5 | 7.7% |
Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from Finland in 2022:
- Sweden (1761.0 tons)
- Italy (957.7 tons)
- Estonia (286.3 tons)
- Norway (73.5 tons)
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