Report Update: Jun 1, 2024

Finland - Herring, Salted Or In Brine - Market Analysis, Forecast, Size, Trends And Insights

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Price for Herring, Salted or in Brine in Finland - 2023

Price for Herring, Salted or in Brine in Finland (CIF) - 2022

In 2022, the average import price for herring, salted or in brine amounted to $2,846 per ton, jumping by 26% against the previous year. Overall, the import price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by 47%. As a result, import price attained the peak level of $4,370 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($4,644 per ton), while the price for Norway stood at $1,024 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-0.4%), while the prices for the other major suppliers experienced a decline.

Price for Herring, Salted or in Brine in Finland (FOB) - 2022

In 2022, the average export price for herring, salted or in brine amounted to $9,250 per ton, standing approx. at the previous year. In general, the export price recorded significant growth. The growth pace was the most rapid in 2014 when the average export price increased by 245% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2013 to 2022, the rate of growth in terms of prices for Estonia amounted to +49.7% per year.

Imports of Herring, Salted or in Brine in Finland

In 2022, purchases abroad of herring, salted or in brine decreased by -38% to 69 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 19%. As a result, imports reached the peak of 141 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, herring, salted or in brine imports dropped sharply to $197K in 2022. Overall, imports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. As a result, imports attained the peak of $273K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Herring, Salted or in Brine in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	156	186	150	162	1.3%
Norway	62.4	82.4	51.7	35.2	-17.4%
Denmark	5.6	4.8	3.2	N/A	-24.4%
Iceland	1.9	N/A	45.7	N/A	390.4%
Others	0.2	0.6	0.5	N/A	58.1%
Total	227	273	251	197	-4.6%

Top Suppliers of Herring, Salted or in Brine to Finland in 2022:

Sweden (34.8 tons)
Norway (34.3 tons)

Exports of Herring, Salted or in Brine in Finland

In 2022, shipments abroad of herring, salted or in brine decreased by -99.6% to 12 kg for the first time since 2019, thus ending a two-year rising trend. In general, exports saw a perceptible descent. The growth pace was the most rapid in 2021 with an increase of 26,054% against the previous year. As a result, the exports reached the peak of 3.4 tons, and then reduced remarkably in the following year.

In value terms, herring, salted or in brine exports reduced sharply to $111 in 2022. Over the period under review, exports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 35,252% against the previous year. As a result, the exports attained the peak of $31K, and then plummeted in the following year.

Export of Herring, Salted or in Brine in Finland (Thousand USD)
COUNTRY	2020	2021	2022	CAGR, 2020-2022
Germany	N/A	N/A	0.1	0%
Norway	N/A	31.1	N/A	0%
Others	0.1	N/A	N/A	0%
Total	0.1	31.1	0.1	0.0%

Top Export Markets for Herring, Salted or in Brine from Finland in 2022:

Germany (12.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for herring, salted or in brine 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:

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023