Enzymes and prepared enzymes market in Finland

Earlier Report Observations

From 2018 to 2020, enzyme production in Finland declined from USD 334.2 million to USD 301.6 million. The domestic market size also contracted, falling to USD 76.2 million in 2019 before a slight recovery to USD 79.5 million in 2020. The industry has long been supported by major production facilities, such as those operated by Roal in Rajamäki and DuPont in Hanko and Jämsänkoski, under strict EU regulations that permit only approved enzymes in food applications.

Trade flows showed contrasting trends over the full period from 2018 to 2024. Imports rose from USD 49.3 million in 2018 to a peak of USD 69.3 million in 2021, then retreated to USD 58.4 million by 2024. Exports expanded steadily from USD 297.5 million to USD 357.9 million, despite some year‑to‑year fluctuations. In 2022, the Finnish Food Authority updated enzyme regulations, adding new approved enzymes like urease and beta‑glucanase for wine and tightening documentation requirements for shipments—changes that likely influenced import composition and compliance practices.

Overall, the Finnish enzyme market remained export‑oriented, with outward shipments growing even as domestic production volume eased in the earlier years. Regulatory developments continued to shape market access and product approval processes throughout the period.

Production enzymes and prepared enzymes in Finland

In value, 2017-2020, M $ US

Finland's production of enzymes and prepared enzymes declined for the second year in a row. In 2020, output was valued at 301.6 million US dollars, showing a slight decrease of 3.0% compared to 2019. Over the period from 2017 to 2020, production grew by 18.7%, with an average annual growth rate of 5.9%. The highest value was recorded in 2018 at 334.2 million US dollars, which also saw the largest increase of 31.6%. The largest decline occurred in 2019, with a drop of 6.9%.

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

In kind, 2017-2020, t

Finland's production of enzymes and prepared enzymes declined for the second consecutive year. In 2020, 62,223 tonnes were produced, remaining broadly stable compared to 2019. Between 2017 and 2020, production increased by 8.3%, equating to an annualized growth rate of 2.7%. The peak was in 2018 with 64,367 tonnes, which also saw the largest increase of 12.1%. The largest decline was recorded in 2019, with a decrease of 2.9%.

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

Exports enzymes and prepared enzymes from Finland

Exports in kind, t

The market exhibited volatility during the observed period. Exports reached their lowest point in 2019 at 10,344 tonnes and peaked in 2020 at 54,234 tonnes, representing a 5.2-fold increase between these years. In 2020, exports from Finland surged by 424.3% year-over-year. The largest decline occurred in 2019, with a drop of 80.3%.

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

From 2017 to 2020, the Netherlands accounted for 42.2% of exports in kind, Germany for 26.1%, and Singapore for 3.6%. Together, these three countries comprised 71.9% 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, M $ US

Exports of enzymes and prepared enzymes from Finland declined for the second consecutive year. In 2020, exports totaled 286.4 million US dollars, marking a fall of 1.0% compared to 2019. Over the period from 2017 to 2020, exports increased by 2.8%, with an average annual growth rate of 0.9%. The highest value was recorded in 2018 at 297.5 million US dollars, which also saw the largest increase of 6.8%. The largest decline occurred in 2019, with a decrease of 2.7%.

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

From 2017 to 2020, the Netherlands was the main destination for exports in value terms, accounting for 41.0%, followed by Germany at 21.1% and Singapore at 4.3%. Together, these three countries represented 66.4% of total export 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 enzymes and prepared enzymes to Finland

Imports in kind, t

Market performance showed noticeable fluctuations during the period. Imports hit their lowest point in 2019 at 20 tonnes and peaked in 2020 at 7,500 tonnes, representing a 383-fold increase between these years. In 2020, imports into Finland surged by 38,172.1% compared to the previous year. The largest decline occurred in 2019, with a drop of 99.6%.

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

Throughout 2017 to 2020, Denmark accounted for 25.9% of imports in kind, the United States for 20.1%, and the Netherlands for 16.3%. Together, these three countries formed 62.3% of total import 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

Imports of enzymes and prepared enzymes into Finland increased for the third consecutive year. In 2020, imports reached 64.3 million US dollars, which is 17.8% higher compared to 2019. Between 2017 and 2020, imports grew by 43.7%, equating to an annualized growth rate of 12.9%.

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

The analysis of imports in value terms from 2017 to 2020 shows a broad distribution across many markets. Belgium accounted for 18.0% of imports, Denmark for 15.6%, and the United States for 14.9%. Together, these three countries represented 48.4% of total flows, with the remaining 51.6% spread across other partners.

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

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