Concentrated or sweetened milk and cream market in Finland

Earlier Report Observations

The market size for concentrated or sweetened milk and cream in Finland contracted to USD 22.7 million in 2019 from USD 24.5 million the previous year. This coincided with a lack of major new lactose-free sweetened milk concentrates on the market, while vegan alternatives like condensed coconut milk gained traction. The subsequent year, 2020, marked a reversal as the market expanded to USD 27.6 million, initiating a multi-year growth phase.

Market growth continued through 2022, reaching USD 35.7 million. The pace of expansion slowed notably in 2023, with the market size rising marginally to USD 36.1 million, and saw a slight contraction to USD 35.3 million in 2024. This period was characterized by underlying shifts in the dairy sector, including a gradual decline in national milk production alongside consolidation into larger herds. Consumer preferences increasingly favored low-fat and lactose-free dairy products. In response, manufacturers introduced new product variants, such as sugar-free condensed milk launched in spring 2024, with a lactose-free version expected by the end of the year.

Production concentrated or sweetened milk and cream in Finland

In value, 2017-2020, M $ US

Finland's production of concentrated or sweetened milk and cream has increased for the second consecutive year. In 2020, output was valued at 161.4 million US dollars, marking a significant 34.9% rise compared to 2019. Over the 2017-2020 period, production grew by 31.8%, with an average annual growth rate of 9.6%. The lowest value was recorded in 2018 at 101.9 million US dollars, which also saw the largest decline of 16.8%.

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

In kind, 2017-2020, t

Top producers of concentrated or sweetened milk and cream, 2017-2020

World map of production of concentrated or sweetened milk and cream, 2017-2020

Finland's production of concentrated or sweetened milk and cream has risen for the second year in a row. In 2020, the country produced 60 044 tonnes, representing a 14.4% increase from the previous year. Between 2017 and 2020, production grew by 11.6%, equivalent to an average annual rate of 3.7%. The lowest output was in 2018 at 52 065 tonnes, which also experienced the largest decline of 3.3%.

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

Exports concentrated or sweetened milk and cream from Finland

Exports in kind, t

After a two-year decline, Finland's exports of concentrated or sweetened milk and cream have rebounded. In 2020, exports reached 52 060 tonnes, a 37.9% increase year-over-year. From 2017 to 2020, exports grew by 13.1%, with an average annual rate of 4.2%. The lowest volume was recorded in 2019 at 37 762 tonnes, which also saw the largest drop of 17.2%.

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

From 2017 to 2020, China, Egypt, and the Netherlands consistently led Finland's export structure in volume terms. China accounted for 35.1% of exports, Egypt for 10.0%, and the Netherlands for 8.7%, together making up 53.8% of total 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, M $ US

Finland's exports of concentrated or sweetened milk and cream have increased for the second consecutive year. In 2020, export value reached 138.9 million US dollars, a 36.8% rise compared to 2019. Over the 2017-2020 period, exports grew by 40.5%, with an average annual growth rate of 12.0%. The lowest value was in 2018 at 81.7 million US dollars, which also experienced the largest decline of 17.4%.

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

From 2017 to 2020, China, the Netherlands, and Egypt were the top buyers of Finland's concentrated or sweetened milk and cream in value terms. China represented 35.6% of exports, the Netherlands 9.9%, and Egypt 9.0%, collectively accounting for 54.5% 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 concentrated or sweetened milk and cream to Finland

Imports in kind, t

Finland's imports of concentrated or sweetened milk and cream saw a sharp increase in 2020, reaching 1 330 tonnes, a 38.3% rise from the previous year. Between 2017 and 2020, imports grew by 26.8%, with an average annual rate of 8.2%. The lowest volume was in 2019 at 961 tonnes, which also recorded the largest decline of 15.9%.

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

From 2017 to 2020, Estonia, the Netherlands, and Germany were the main sources of Finland's imports in volume terms. Estonia accounted for 43.4% of imports, the Netherlands for 21.6%, and Germany for 12.0%, together representing 77.0% of total flows.

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, M $ US

Finland's imports of concentrated or sweetened milk and cream have increased for the third consecutive year. In 2020, import value stood at 5.1 million US dollars, a modest 9.5% advance from the previous year. Between 2017 and 2020, imports grew by 38.6%, with an average annual rate of 11.5%.

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

Throughout 2017-2020, Estonia, the Netherlands, and Germany formed the key group of partners for Finland's imports in value terms. Estonia accounted for 46.0% of imports, the Netherlands for 19.2%, and Germany for 10.3%, jointly representing 75.5% of total flows.

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

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