Dried, salted, brined or smoked fish and fish flours market in Finland, 2026

Earlier Report Observations

Between 2018 and 2022, the market value for dried, salted, brined or smoked fish and fish flours in Finland contracted from 109.1 million USD to 86.4 million USD. This decline occurred alongside growing consumer awareness of sustainably and ethically produced products, which boosted demand for ready-to-eat and convenient fish options. The COVID-19 pandemic in 2020 further disrupted supply chains and shifted consumption patterns toward home-based meals, while global supply chain issues in 2022 continued to affect import availability and pricing.

In 2023, the market rebounded to 103.7 million USD, a 20% increase from the previous year. However, 2024 saw a sharp drop to 80.5 million USD, bringing the market value below pre-COVID levels. In physical terms, market volume fell from 7.8 thousand tons in 2018 to 5.3 thousand tons in 2024, indicating a sustained reduction in overall consumption over the full period.

Production dried, salted, brined or smoked fish and fish flours in Finland

In value, 2017-2020, M $ US

Finland's production of dried, salted, brined, or smoked fish and fish flours declined for the third year in a row. In 2020, the output was valued at 88.7 million US dollars, down 3.3% from the previous year. Between 2017 and 2020, production fell by 11.6%, which translates to an average annual decrease of 4.0%.

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

In kind, 2017-2020, t

In 2020, Finland produced 6 286 tonnes of dried, salted, brined, or smoked fish and fish flours, a 14.0% drop compared to 2019.

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

Exports dried, salted, brined or smoked fish and fish flours from Finland

Exports in kind, t

The market showed significant volatility during this period. Import levels fluctuated widely, with a 46-fold difference between the peak in 2017 and the low in 2019. In 2020, Finland's exports of dried, salted, brined, or smoked fish and fish flours totaled 445 tonnes, a dramatic increase of 2 169.8% from 2019. The lowest volume was recorded in 2019 at 20 tonnes, which also saw the largest decline of 91.2%.

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

From 2017 to 2020, three key markets—Denmark, Estonia, and Sweden—accounted for 86.6% of Finland's total exports of dried, salted, brined, or smoked fish and fish flours in volume terms.

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

The market exhibited volatility over the observed years. There was a 2.7-fold variation between the high in 2019 and the low in 2017. In 2020, Finland's exports of dried, salted, brined, or smoked fish and fish flours amounted to 8 228 thousand US dollars, a 7.0% decrease from 2019. The highest value was recorded in 2019 at 8 844 thousand US dollars, which also saw the largest increase of 121.8%.

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

From 2017 to 2020, Estonia, Sweden, and Germany remained the top buyers of dried, salted, brined, or smoked fish and fish flours from Finland in value terms, accounting for 39.8%, 30.6%, and 10.7% of exports, respectively. Together, they made up 81.1% 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 dried, salted, brined or smoked fish and fish flours to Finland

Imports in kind, t

Market performance showed noticeable fluctuations during this period. Volumes peaked in 2017 and hit a low in 2019, with a 5.9-fold difference between these years. In 2020, Finland imported 1 136 tonnes of dried, salted, brined, or smoked fish and fish flours, a sharp rise of 243.9% from 2019. The minimum volume was 330 tonnes in 2019, which also experienced the largest decline of 81.0%.

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

Between 2017 and 2020, Sweden, Norway, and Estonia were the main suppliers of dried, salted, brined, or smoked fish and fish flours to Finland in volume terms, representing 30.7%, 30.4%, and 14.6% of imports, respectively. Combined, they accounted for 75.7% of total import volume.

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 dried, salted, brined, or smoked fish and fish flours fell for the third consecutive year. In 2020, imports totaled 13 388 thousand US dollars, a significant drop of 23.5% from the previous year. Between 2017 and 2020, imports decreased by 39.9%, averaging an annual decline of 15.6%.

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

From 2017 to 2020, Sweden, Estonia, and Poland led the import structure in value terms, accounting for 31.1%, 20.1%, and 19.3% of imports, respectively. Together, they represented 70.5% of total import value.

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

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