Finland - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPyrethrum and Peppermint Price in Finland - 2023
Contents:
- Pyrethrum and Peppermint Price in Finland (CIF) - 2023
- Pyrethrum and Peppermint Price in Finland (FOB) - 2022
- Pyrethrum and Peppermint Imports in Finland
- Pyrethrum and Peppermint Exports in Finland
Pyrethrum and Peppermint Price in Finland (CIF) - 2023
The average pyrethrum and peppermint import price stood at $12,983 per ton in August 2023, rising by 13% against the previous month. Overall, import price indicated pronounced growth from August 2022 to August 2023: its price increased at an average monthly rate of +3.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, pyrethrum and peppermint import price increased by +41.6% against June 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 41% month-to-month. The import price peaked in August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was India ($17,750 per ton), while the price for Belgium ($2,611 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by India (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Pyrethrum and Peppermint Price in Finland (FOB) - 2022
In 2022, the average pyrethrum and peppermint export price amounted to $52,947 per ton, with an increase of 72% against the previous year. Overall, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2015 an increase of 254%. As a result, the export price reached the peak level of $89,858 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($217,600 per ton), while the average price for exports to Russia ($3,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+27.1%), while the prices for the other major destinations experienced more modest paces of growth.
Pyrethrum and Peppermint Imports in Finland
In 2022, approx. 458 tons of pyrethrum and peppermint were imported into Finland; increasing by 2.9% on 2021. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 15%. As a result, imports reached the peak of 471 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, pyrethrum and peppermint imports rose to $4.3M in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 9.8%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Pyrethrum and Peppermint in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 1,356 | 1,686 | 1,376 | 1,102 | -6.7% |
Germany | 587 | 656 | 782 | 934 | 16.7% |
Netherlands | 395 | 294 | 396 | 429 | 2.8% |
Denmark | 292 | 291 | 314 | 332 | 4.4% |
Italy | 96.0 | 200 | 251 | 251 | 37.8% |
Turkey | 121 | 70.8 | 88.0 | 209 | 20.0% |
Sweden | 287 | 292 | 273 | 131 | -23.0% |
Egypt | 122 | 99.3 | 131 | 130 | 2.1% |
Morocco | 39.8 | 29.3 | 22.1 | 26.5 | -12.7% |
Others | 563 | 618 | 549 | 778 | 11.4% |
Total | 3,859 | 4,237 | 4,182 | 4,323 | 3.9% |
Top Suppliers of Pyrethrum and Peppermint to Finland in 2022:
- India (136.6 tons)
- Germany (85.4 tons)
- Turkey (41.4 tons)
- Netherlands (39.9 tons)
- Denmark (31.0 tons)
- Egypt (30.6 tons)
- Italy (23.8 tons)
- Morocco (6.5 tons)
- Sweden (5.6 tons)
Pyrethrum and Peppermint Exports in Finland
In 2022, shipments abroad of pyrethrum and peppermint decreased by -31.2% to 2.5 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 7.5% against the previous year. As a result, the exports reached the peak of 4 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, pyrethrum and peppermint exports skyrocketed to $133K in 2022. In general, exports recorded a drastic downturn.
Export of Pyrethrum and Peppermint in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 33.7 | 28.0 | 26.9 | 51.9 | 15.5% |
Switzerland | 96.8 | 104 | 22.0 | 41.7 | -24.5% |
Norway | 5.0 | 6.3 | 25.2 | 17.0 | 50.4% |
Germany | N/A | 2.7 | N/A | 10.9 | 100.9% |
Sweden | 14.3 | 16.9 | 9.9 | 8.7 | -15.3% |
United Kingdom | N/A | N/A | 17.0 | 0.1 | -99.4% |
Russia | 2.7 | 2.4 | 3.2 | N/A | 8.9% |
United States | N/A | 4.5 | 1.3 | N/A | -71.1% |
Others | 3.0 | 1.9 | 7.6 | 3.3 | 3.2% |
Total | 155 | 167 | 113 | 133 | -5.0% |
Top Export Markets for Pyrethrum and Peppermint from Finland in 2022:
- Estonia (1488.0 kg)
- Norway (438.0 kg)
- Switzerland (267.0 kg)
- Sweden (180.0 kg)
- Germany (50.0 kg)
- United States (5.0 kg)
- United Kingdom (2.0 kg)
- Russia (1.0 kg)
This report provides an in-depth analysis of the pyrethrum and peppermint 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 754 - Pyrethrum, dried flowers
- FCL 748 - Peppermint, Spearmint
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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