Price for Flour, Meal, and Flakes of Potatoes in Finland - 2023

Contents:

1. Price for Flour, Meal, and Flakes of Potatoes in Finland (CIF) - 2023
2. Price for Flour, Meal, and Flakes of Potatoes in Finland (FOB) - 2022
3. Imports of Flour, Meal, and Flakes of Potatoes in Finland
4. Exports of Flour, Meal, and Flakes of Potatoes in Finland

Price for Flour, Meal, and Flakes of Potatoes in Finland (CIF) - 2023

The average import price for flour, meal, and flakes of potatoeses stood at $1,411 per ton in September 2023, dropping by -21.2% against the previous month. Overall, the import price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in April 2023 an increase of 182% against the previous month. As a result, import price attained the peak level of $4,092 per ton. From May 2023 to September 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From October 2022 to September 2023, the rate of growth in terms of prices for Sweden amounted to +25.6% per month.

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

The average export price for flour, meal, and flakes of potatoeses stood at $2,039 per ton in 2022, shrinking by -28.6% against the previous year. Over the period under review, the export price, however, continues to indicate a modest increase. The growth pace was the most rapid in 2017 an increase of 146% against the previous year. Over the period under review, the average export prices hit record highs at $2,855 per ton in 2021, and then dropped rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($2,234 per ton), while the average price for exports to Estonia totaled $1,061 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+19.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flour, Meal, and Flakes of Potatoes in Finland

In 2022, approx. 394 tons of flour, meal, and flakes of potatoeses were imported into Finland; growing by 63% compared with the previous year. Overall, imports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 112% against the previous year. As a result, imports reached the peak of 453 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of flour, meal, and flakes of potatoeses skyrocketed to $828K in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Netherlands (186.7 tons)
2. Belgium (82.8 tons)
3. Germany (81.8 tons)
4. Sweden (40.5 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Finland

For the third year in a row, Finland recorded decline in shipments abroad of flour, meal, and flakes of potatoeses, which decreased by -80.6% to 12 tons in 2022. Over the period under review, exports saw a sharp reduction. The smallest decline of -43.5% was in 2020.

In value terms, exports of flour, meal, and flakes of potatoeses fell dramatically to $24K in 2022. In general, exports showed a dramatic slump. The smallest decline of -26.2% was in 2020.

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

1. Sweden (9.6 tons)
2. Estonia (1.9 tons)
3. Netherlands (0.1 tons)

Source: IndexBox Market Intelligence Platform