Fresh or chilled pork carcasses and half-carcasses market in Finland

Earlier Report Observations

The market for fresh or chilled pork carcasses and half-carcasses in Finland contracted significantly from 2018 to 2024, with volume falling from 9 818 t to 3 974 t. After a drop to 9 052 t in 2019, the market volume declined sharply to 6 727 t in 2020 before recovering to 7 588 t in 2021 and 8 598 t in 2022.

A steep downturn followed in 2023, with market volume plunging to 5 491 t, and the decline continued to 3 974 t in 2024. That same year, Finnish food trends highlighted a consumer shift towards a return to basics, which may have affected demand for pork products. In value terms, the market shrank from $26.7 million in 2018 to $5.6 million in 2024.

Production fresh or chilled pork carcasses and half-carcasses in Finland

In value, 2017-2020, K $ US

Finland's production of fresh or chilled pork carcasses and half-carcasses has declined for the third year in a row. In 2020, the output was valued at 21 526 thousand US dollars, showing a significant drop of 17.5% compared to 2019. From 2017 to 2020, production fell by 35.4%, with an average annual decline of 13.5%.

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

In kind, 2017-2020, t

In 2020, Finland produced 8 381 tonnes of fresh or chilled pork carcasses and half-carcasses, marking a sharp year-over-year decline of 19.2%. Between 2017 and 2020, production decreased by 42.1%, which translates to an annualized rate of 16.6%. The most substantial drop occurred in 2018 at 31.9%, while the largest increase was in 2019 at 5.3%.

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

Exports fresh or chilled pork carcasses and half-carcasses from Finland

Exports in kind, t

Market performance showed notable fluctuations during this period. The highest volume was recorded in 2017, with the lowest in 2018, resulting in a peak-to-trough ratio of 44 times. In 2020, Finland exported 1 683 tonnes of fresh or chilled pork carcasses and half-carcasses, representing a significant increase of 22.4% compared to the previous year. The minimum value was 78 tonnes in 2018. The largest decline was 97.7% in 2018, while the largest increase was 1,659.7% in 2019.

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

From 2017 to 2020, Lithuania, Estonia, and Latvia consistently served as the main destinations for exports in kind. Lithuania accounted for 43.7% of exports, Estonia for 33.9%, and Latvia for 6.9%, together making up 84.5% 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

Market behavior was characterized by volatility during these years. The highest export value was in 2017, with the lowest in 2018, reflecting a 44-fold gap. In 2020, Finland exported 3 844 thousand US dollars worth of fresh or chilled pork carcasses and half-carcasses, indicating a gradual year-over-year increase of 5.4%. The minimum value was 147 thousand US dollars in 2018. The largest decline was 97.7% in 2018, while the largest increase was 2,373.3% in 2019.

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

Between 2017 and 2020, Lithuania, Estonia, and Norway emerged as the primary markets for exports in value terms. Lithuania represented 39.9% of exports, Estonia 34.2%, and Norway 8.5%, collectively accounting for 82.6% 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 fresh or chilled pork carcasses and half-carcasses to Finland

Imports in kind, t

After two years of growth, Finland's imports of fresh or chilled pork carcasses and half-carcasses declined. In 2020, imports reached 29 tonnes, which is 43.9% lower than the previous year. From 2017 to 2020, imports decreased by 19.7%, equating to an annualized rate of 7.1%. The maximum value was 51 tonnes in 2019, with the largest increase of 28.7% also occurring that year.

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

During 2017–2020, the import structure in kind was dominated by Germany, which absorbed 74.9% of total flows, alongside a large number of minor partners.

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 import volume of fresh or chilled pork carcasses and half-carcasses has declined for the second consecutive year. In 2020, imports amounted to 100 thousand US dollars, which is 32.9% lower than the previous year. Over the period 2017-2020, imports decreased by 31.1%, with an average annual decline of 11.7%. The maximum value was 163 thousand US dollars in 2018, and the largest increase was 12.6% that same year.

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

From 2017 to 2020, Germany and Poland together accounted for 86.4% of total imports in value terms, with other countries forming a diverse but less significant portion.

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

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