Frozen Vegetables Market Overview in Finland
In value terms, frozen vegetables production surged to $ in estimated in export prices. The total output value increased at an average annual rate of +% from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when the production volume increased by % year-to-year. Over the period under review, production hit record highs in and is likely to see steady growth in the near future.
The size of the frozen vegetables market in Finland rose remarkably to $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of % year-to-year. Over the period under review, the market reached the maximum level at $ in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.