Crispbread market in Finland

Earlier Report Observations

The crispbread market in Finland experienced considerable volatility between 2018 and 2024. Market volume peaked at 11 087 t in 2018 before declining sharply to 6 139 t in 2019. After a partial recovery to 7 625 t in 2020, volume fell again to around 5 600 t in 2021-2023, indicating a period of stabilization at a lower level.

In 2024, the market expanded significantly to 7 228 t, a 33% increase from the previous year. This growth was primarily driven by shifting consumer preferences towards healthy and sustainable food options, with traditional rye crispbread benefiting from this trend. Additionally, packaging innovations such as recyclable portion packs made crispbread more convenient for on-the-go consumption, reducing food waste and attracting new buyers.

Production crispbread in Finland

In value, 2017-2020, K $ US

After two consecutive years of decline, crispbread production in Finland rebounded in 2020. Output reached 35 183 thousand US dollars, representing a 20.4% increase compared to the previous year. However, over the broader period from 2017 to 2020, production decreased by 17.9%, with a compound annual growth rate of -6.4%. The lowest value was recorded in 2019 at 29 219 thousand US dollars, which also saw the largest decline of 30.0%.

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

In kind, 2017-2020, t

Following a two-year downturn, crispbread production in Finland saw a significant recovery in 2020. The country produced 7 386 tonnes, marking a dramatic 36.0% rise from the previous year. Despite this uptick, production fell by 37.1% overall between 2017 and 2020, translating to an annualized decline of 14.3%. The minimum output was in 2019 at 5 432 tonnes, which experienced the steepest drop of 51.7%.

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

Exports crispbread from Finland

Exports in kind, t

Export volumes showed an unstable trend during the period. They peaked in 2018 at 2 468 tonnes and hit their lowest point in 2019 at 1 201 tonnes, representing a 2.1-fold difference. In 2020, Finland exported 2 104 tonnes of crispbread, a dramatic 75.2% increase from 2019. The largest decline occurred in 2019, with a drop of 51.3%.

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

From 2017 to 2020, Sweden was the largest buyer of crispbread from Finland, accounting for 58.4% of exports in kind. Russia followed with 8.6%, and Estonia with 6.2%. Together, these three countries made up 73.2% of Finland's total crispbread exports by volume.

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

In 2020, crispbread exports from Finland totaled 7 658 thousand US dollars, a strong 19.0% increase compared to 2019. Over the 2017-2020 period, exports decreased by 4%, with an annualized decline of 1.4%. The minimum value was recorded in 2019 at 6 437 thousand US dollars, while the maximum was in 2018 at 8 728 thousand US dollars. The largest decline of 26.3% occurred in 2019.

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

Between 2017 and 2020, Sweden dominated Finland's crispbread exports in value terms, representing 49.0% of the total. Estonia accounted for 10.0%, and Russia for 9.7%. Collectively, these three markets contributed 68.7% of Finland's export revenue from crispbread.

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

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

Imports crispbread to Finland

Imports in kind, t

Finland imported 2 343 tonnes of crispbread in 2020, up 22.8% from 2019. Over the 2017-2020 timeframe, imports increased by 2.8%, with an annualized growth rate of 0.9%. The lowest volume was in 2019 at 1 908 tonnes, which also saw the largest decline of 17.3%.

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

From 2017 to 2020, Sweden was the primary source of crispbread imports to Finland, making up 72.4% of total imports in kind. Other countries contributed smaller shares individually.

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

In 2020, crispbread imports to Finland amounted to 9 776 thousand US dollars, a modest 2.4% increase from 2019. The minimum value was recorded in 2019 at 9 549 thousand US dollars, while the peak was in 2018 at 9 921 thousand US dollars. The largest decline of 3.7% occurred in 2019.

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

Throughout 2017-2020, Sweden and Germany were the key suppliers of crispbread to Finland in value terms, together accounting for the majority of imports. Other markets played a less significant role individually.

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

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