Price for Flour and Meal; of Potatoes in Finland - 2023

Contents:

1. Price for Flour and Meal; of Potatoes in Finland (CIF) - 2022
2. Price for Flour and Meal; of Potatoes in Finland (FOB) - 2022
3. Imports of Flour and Meal; of Potatoes in Finland
4. Exports of Flour and Meal; of Potatoes in Finland

Price for Flour and Meal; of Potatoes in Finland (CIF) - 2022

In 2022, the average import price for flour and meal; of potatoeses amounted to $727 per ton, with a decrease of -61.5% against the previous year. Overall, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2013 when the average import price increased by 77%. The import price peaked at $7,211 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($8,333 per ton), while the price for Sweden ($546 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+23.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour and Meal; of Potatoes in Finland (FOB) - 2022

The average export price for flour and meal; of potatoeses stood at $894 per ton in 2022, dropping by -21.4% against the previous year. Overall, the export price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2017 an increase of 30% against the previous year. Over the period under review, the average export prices reached the maximum at $2,875 per ton in 2013; however, from 2014 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 +4.5% per year.

Imports of Flour and Meal; of Potatoes in Finland

In 2022, imports of flour and meal; of potatoeses into Finland surged to 50 tons, rising by 932% against 2021. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 23,860% against the previous year. As a result, imports reached the peak of 109 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, flour and meal; of potatoes imports skyrocketed to $37K in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 3,573%. As a result, imports attained the peak of $121K. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Flour and Meal; of Potatoes to Finland in 2022:

1. Sweden (48.3 tons)
2. United States (1.2 tons)
3. Netherlands (0.1 tons)

Exports of Flour and Meal; of Potatoes in Finland

In 2022, approx. 1.9 tons of flour and meal; of potatoeses were exported from Finland; declining by -3.8% compared with the previous year. Overall, exports saw a pronounced reduction. The growth pace was the most rapid in 2021 when exports increased by 7%.

In value terms, flour and meal; of potatoes exports declined markedly to $1.7K in 2022. Over the period under review, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 12% against the previous year. As a result, the exports reached the peak of $2.2K, and then shrank remarkably in the following year.

Top Export Markets for Flour and Meal; of Potatoes from Finland in 2022:

1. Estonia (1.9 tons)

Source: IndexBox Market Intelligence Platform