Dried shelled broad and horse beans market in Finland

Earlier Report Observations

The market volume for dried shelled broad and horse beans in Finland showed considerable fluctuations from 2018 to 2023. It reached a high of 29 788 t in 2019, then declined to 23 221 t in 2020 and fell sharply to 14 156 t in 2021. A recovery to 20 583 t followed in 2022, before another drop to 11 123 t in 2023.

By 2024, broad bean consumption in Finland had recovered, becoming a trendy protein-rich local food. The market expanded with a wider variety of broad bean-based products, catering to growing consumer interest in plant proteins and local sourcing. Preparation methods requiring soaking and boiling due to toxic lectin remained a factor influencing consumer handling and consumption behavior.

Production dried shelled broad and horse beans in Finland

In kind, 2017-2020, t

From 2017 to 2020, Finland ranked 25th globally in the production of dried shelled broad and horse beans.

Top producers of dried shelled broad and horse beans, 2017-2020

World map of production of dried shelled broad and horse beans, 2017-2020

The market showed an unstable trend over this period. Production reached its lowest point in 2017 and peaked in 2019, with a {ampRatio}-fold difference between these years. In 2020, Finland produced 23 350 tonnes of dried shelled broad and horse beans, marking a significant decrease of 22.6% compared to 2019. The highest production level was recorded in 2019 at 30 170 tonnes, which also saw the largest increase of 24.9%.

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

Exports dried shelled broad and horse beans from Finland

Exports in kind, t

Export volumes displayed an unstable trend throughout the timeframe. They dropped to their minimum in 2017 and climbed to their maximum in 2019, showing an 11.5-fold shift. In 2020, Finland exported 215.9 tonnes of dried shelled broad and horse beans, down by 43.7% from the previous year. The peak export volume was recorded in 2019 at 383.5 tonnes, which also experienced the largest increase of 623.3%.

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

From 2017 to 2020, the export partner base for dried shelled broad and horse beans was extremely narrow, with Norway alone accounting for 98.3% 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, K $ US

The market exhibited an unstable trend throughout the timeframe. Export values varied 9.6 times from the low in 2017 to the high in 2019. In 2020, Finland's exports of dried shelled broad and horse beans were valued at 212.4 thousand US dollars, representing a robust drop of 19.3% year-over-year. The maximum value was recorded in 2019 at 263.3 thousand US dollars, which also saw the largest increase of 362.8%.

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

Throughout 2017–2020, Norway almost entirely determined the geographical structure of Finland's exports in value terms for dried shelled broad and horse beans, holding a 99.0% share of total flows.

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 shelled broad and horse beans to Finland

Imports in kind, t

There were noticeable fluctuations in market performance during the period. Import volumes fell to a trough in 2019 and peaked in 2018, with a top-to-bottom ratio of 371 times. In 2020, Finland imported 87.0 tonnes of dried shelled broad and horse beans, corresponding to a dramatic rise of 7 079.4% year-over-year. The minimum value was recorded in 2019 at 1.2 tonnes, while the maximum was in 2018 at 449.2 tonnes. The largest decline occurred in 2019 at 99.7%.

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

Over 2017–2020, Estonia (33.2% of imports in kind), Lithuania (27.3% of imports in kind), and Germany (15.8% of imports in kind) stood out as the main sources for imports in kind, together representing 76.2% 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, K $ US

The market exhibited an unstable trend throughout the timeframe. Import values varied 3.9 times from the low in 2019 to the high in 2018. In 2020, Finland's imports of dried shelled broad and horse beans amounted to 193.7 thousand US dollars, showing a gain of 65.9% compared with 2019. The minimum value was recorded in 2019 at 116.8 thousand US dollars, and the maximum in 2018 at 457.8 thousand US dollars. The largest decline was in 2019 at 74.5%, while the largest increase occurred in 2018 at 115.8%.

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

In 2017–2020, Turkey (42.1% of imports in value terms), Sweden (23.1% of imports in value terms), and Estonia (14.0% of imports in value terms) formed the main group of sources for imports in value terms of dried shelled broad and horse beans to Finland, with a combined share of 79.2% 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