Updated Jan 21, 2023 14:30

Kiwi Fruit Market in Finland

Market Overview
In , the Finnish kiwi fruit market decreased by -% to $ for the first time since 2019, thus ending a two-year rising trend. In general, the total consumption indicated mild growth from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $ in , and then contracted notably in the following year.


Consumption
In , kiwi fruit consumption in Finland dropped to tons, declining by -% on figures. In general, consumption recorded a slight shrinkage. Over the period under review, consumption attained the maximum volume at tons in 2016; however, from 2017 to , consumption remained at a lower figure.

The value of the kiwi fruit market in Finland contracted sharply to $ in , declining by -% 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). Over the period under review, the total consumption indicated mild growth from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Kiwi fruit consumption peaked at $ in , and then declined markedly in the following year.


Market Forecast
Driven by rising demand for kiwi fruit in Finland, the market is expected to start an upward consumption trend over the next eight-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .

In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Kiwi fruit market in Finland consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.


Trade Balance
Finland remains a net importer of kiwi fruit; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.