Bran, sharps and residues from cereal or legume processing market in Finland

Earlier Report Observations

The market volume for bran and cereal processing residues in Finland showed significant volatility from 2018 to 2024. After an initial increase to a peak of 109.2 thousand tons in 2019, volume remained stable near 108 thousand tons in 2020.

A pronounced downturn followed, with the market contracting to 84.7 thousand tons in 2021 and further to 69.8 thousand tons in 2022. This was reversed by a robust recovery, bringing volume back to 91.8 thousand tons in 2023 and nearly to its starting point at 100.9 thousand tons by the end of the period.

Production bran, sharps and residues from cereal or legume processing in Finland

In value, 2017-2020, K $ US

Finland's production of bran, sharps, and residues from cereal or legume processing declined for the second year in a row. In 2020, the output was valued at 13 068 thousand US dollars, marking a significant year-over-year decrease of 14.6%. The highest value was recorded in 2018 at 16 400 thousand US dollars, which also saw the largest increase of 26.5%.

Annual dynamics of production in Finland in value, 2017-2020, K $ US

In kind, 2017-2020, K t

Top producers of bran, sharps and residues from cereal or legume processing, 2017-2020

World map of production of bran, sharps and residues from cereal or legume processing, 2017-2020

Following two years of growth, Finland's production of bran, sharps, and residues from cereal or legume processing decreased. In 2020, production stood at 103.0 thousand tonnes, showing minimal change compared to the previous year. From 2017 to 2020, overall production rose by 24.2%, translating to an annualized growth rate of 7.5%. The peak was reached in 2019 with 103.2 thousand tonnes, while the largest increase occurred in 2018 at 20.4%.

Annual dynamics of production in Finland in kind, 2017-2020, K t

Exports bran, sharps and residues from cereal or legume processing from Finland

Exports in kind, t

The market exhibited considerable volatility during this period. Exports varied dramatically, with a 114-fold difference between the high in 2017 and the low in 2019. In 2020, Finland exported 109 tonnes of bran, sharps, and residues from cereal or legume processing, representing a sharp year-over-year surge of 6,643.0%. The lowest volume was recorded in 2019 at just 2 tonnes, which also saw the largest decline of 97.9%.

Annual dynamics of product's exports from Finland in kind, 2017-2020, t

From 2017 to 2020, Russia, Ireland, and the Netherlands were the top destinations for Finland's exports in kind. Russia accounted for 26.1% of exports, Ireland for 24.5%, and the Netherlands for 17.7%, together making up 68.3% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Finland in kind, 2017-2020

Exports in value, K $ US

Market performance showed noticeable fluctuations over these years. Exports peaked in 2020 and hit their lowest point in 2019, with a threefold gap between these two years. In 2020, Finland exported bran, sharps, and residues from cereal or legume processing worth 102 thousand US dollars, indicating a dramatic 197.0% increase compared to 2019. The minimum value was 34 thousand US dollars in 2019, while the largest decline of 51.6% occurred in 2018.

Annual dynamics of product's exports from Finland in value, 2017-2020, K $ US

Between 2017 and 2020, Ecuador, the Netherlands, and Russia remained the primary buyers of Finland's bran, sharps, and residues from cereal or legume processing in value terms. Ecuador represented 21.6% of exports, the Netherlands 20.8%, and Russia 15.9%, collectively forming 58.3% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Finland in value, 2017-2020

Imports bran, sharps and residues from cereal or legume processing to Finland

Imports in kind, t

The market demonstrated volatility throughout the observed period. Imports reached their highest point in 2019 and their lowest in 2018, with a 2.4-fold fluctuation between these years. In 2020, Finland imported 5 449 tonnes of bran, sharps, and residues from cereal or legume processing, equivalent to an 8.5% year-over-year decrease. The minimum volume was 2 468 tonnes in 2018, while the maximum was 5 956 tonnes in 2019. The largest decline of 47.5% took place in 2018, and the largest increase of 141.3% occurred in 2019.

Annual dynamics of product's imports to Finland in kind, 2017-2020, t

From 2017 to 2020, Poland, Estonia, and Sweden were the leading suppliers of bran, sharps, and residues from cereal or legume processing to Finland in kind. Poland contributed 32.9% of imports, Estonia 28.7%, and Sweden 24.0%, together accounting for 85.6% of total import volumes.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Finland in kind, 2017-2020

Imports in value, K $ US

Finland's imports of bran, sharps, and residues from cereal or legume processing increased for the second consecutive year. In 2020, imports amounted to 1 550 thousand US dollars, reflecting an abrupt year-over-year rise of 25.4%. Over the period from 2017 to 2020, imports grew by 51.9%, with a compound annual growth rate of 14.9%. The lowest value was recorded in 2018 at 1 016 thousand US dollars, which also saw the largest decline of 0.4%.

Annual dynamics of product's imports to Finland in value, 2017-2020, K $ US

During 2017–2020, Sweden, Estonia, and Poland stood out as the main sources for Finland's imports in value terms. Sweden represented 26.9% of imports, Estonia 24.9%, and Poland 22.0%, together making up 73.8% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Finland in value, 2017-2020