Finland - Oats - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Finland - Oats - Market Analysis, Forecast, Size, Trends and Insights

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Oat Price in Finland - 2023

Contents:

  1. Oat Price in Finland (FOB) - 2023
  2. Oat Price in Finland (CIF) - 2022
  3. Oat Exports in Finland
  4. Oat Imports in Finland

Oat Price in Finland (FOB) - 2023

In May 2023, the average oat export price amounted to $383 per ton, increasing by 2.1% against the previous month. In general, export price indicated a modest increase from May 2022 to May 2023: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, oat export price decreased by -1.1% against February 2023 indices. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 39% month-to-month. Over the period under review, the average export prices attained the peak figure at $388 per ton in February 2023; however, from March 2023 to May 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($1,135 per ton), while the average price for exports to Belgium ($306 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+10.2%), while the prices for the other major destinations experienced mixed trend patterns.

Oat Price in Finland (CIF) - 2022

The average oat import price stood at $441 per ton in 2022, shrinking by -35.3% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 179%. As a result, import price attained the peak level of $1,224 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($1,474 per ton), while the price for Estonia ($336 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+22.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Oat Exports in Finland

In 2022, overseas shipments of oats decreased by -38.7% to 226K tons, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2020 when exports increased by 170%. As a result, the exports reached the peak of 409K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, oat exports contracted rapidly to $63M in 2022. In general, exports faced a deep setback. The smallest decline of -1.9% was in 2020.

Export of Oat in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany52.952.157.838.6-10.0%
United States3.3N/AN/A10.346.1%
Belgium8.97.110.79.83.3%
Spain2.01.46.62.811.9%
Netherlands12.514.68.71.1-55.5%
Sweden4.91.40.2N/A-79.8%
South Africa5.26.9N/AN/A32.7%
Others3.07.64.20.9-33.1%
Total92.891.188.263.4-11.9%

Top Export Markets for Oat from Finland in 2022:

  1. South Africa (undefinedK tons)
  2. Germany (161.7K tons)
  3. United States (32.3K tons)
  4. Belgium (30.7K tons)
  5. Spain (11.9K tons)
  6. Netherlands (3.3K tons)
  7. Sweden (0.1K tons)

Oat Imports in Finland

In 2022, approx. 14K tons of oats were imported into Finland; jumping by 1,125% on the year before. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, oat imports surged to $6.3M in 2022. Overall, imports continue to indicate strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Oat in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia3,172N/A3222,753-4.6%
Sweden1292374491,784140.0%
United Kingdom12.3N/AN/A1,171356.6%
Lithuania877N/AN/A387-23.9%
Others0.23.023.1205908.3%
Total4,1902407956,30114.6%

Top Suppliers of Oat to Finland in 2022:

  1. Estonia (8.2K tons)
  2. United Kingdom (1.5K tons)
  3. Sweden (1.4K tons)
  4. Lithuania (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the oat 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 75 - Oats

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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