Frozen beef market in Finland, 2026

Earlier Report Observations

The frozen beef market in Finland experienced significant volume shifts from 2018 to 2020. Starting at 14 536 t in 2018, the sector emphasized animal welfare, traceability, and ecological sustainability through practices like pasture-based feeding, which supported consumer confidence. After a contraction to 11 743 t in 2019, the market recovered to 13 629 t in 2020 amid heightened discussion on environmental impacts and the fully domestic origin of Finnish beef, reinforcing consumer trust.

From 2021, supply chain pressures and price dynamics shaped the market. A slight rise to 13 869 t in 2021 coincided with emerging ground beef shortages due to rising demand and production constraints. By 2022, volume reached 14 271 t, but rapid price increases dampened consumer demand, leading to inventory buildup and promotional campaigns. In 2023, producer prices surged approximately 25%, causing a 14% drop in sales volumes and reducing market size to 12 998 t. The market partially recovered to 13 751 t in 2024, yet frozen storage holdings exceeded 4.4 million kilograms, reflecting persistent supply-demand imbalances addressed through price campaigns amid growing consumer price sensitivity.

Production frozen beef in Finland

In value, 2017-2020, K $ US

Finland's frozen beef production has declined for the third year in a row. In 2020, the output was valued at 29 456 thousand US dollars, marking a significant 12.6% drop from the previous year. From 2017 to 2020, production fell by 40.9%, which translates to an average annual decline of 16.1%.

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

In kind, 2017-2020, t

Finland's frozen beef production has decreased for the third consecutive year. In 2020, the country produced 6 502 tonnes of frozen beef, representing a 6.5% year-on-year decline. Between 2017 and 2020, production dropped by 28.2%, averaging a 10.5% annual decrease.

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

Exports frozen beef from Finland

Exports in kind, t

The market exhibited considerable volatility during this period. Import levels varied by a factor of 2.8 between the peak in 2019 and the low in 2020. Finland exported 420 tonnes of frozen beef in 2020, a sharp 64.8% decline compared to 2019. The highest volume was recorded in 2019 at 1 196 tonnes, with the largest increase that year reaching 82.8%.

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

From 2017 to 2020, Sweden remained the primary buyer of frozen beef from Finland, accounting for 84.6% of total exports in volume. The remaining exports were distributed among various other countries.

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 performance showed notable fluctuations over these years. The highest value was recorded in 2019, while the lowest occurred in 2020, with a peak-to-trough ratio of 2.8 times. Finland exported 1 841 thousand US dollars worth of frozen beef in 2020, a 64.9% decrease from the previous year. The maximum value was 5 241 thousand US dollars in 2019, with the largest increase that year at 88.3%.

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

Between 2017 and 2020, Sweden continued to be the main destination for Finland's frozen beef exports, representing 81.2% of total export value. Other markets accounted for a much smaller share.

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

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

Imports frozen beef to Finland

Imports in kind, t

In 2020, Finland's frozen beef imports totaled 7 547 tonnes, showing a substantial 26.1% increase from the previous year. Over the 2017-2020 period, imports grew by 54.3%, with a compound annual growth rate of 15.6%. The largest decline was 12.2% in 2019, while the largest increase was 39.4% in 2018.

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

From 2017 to 2020, Poland, Sweden, and Germany were the key sources of frozen beef imports to Finland. Poland accounted for 67.9% of import volume, Sweden for 8.8%, and Germany for 8.3%, together making up 84.9% of total imports.

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

After two years of growth, Finland's frozen beef imports from abroad declined. In 2020, imports amounted to approximately 35 480 thousand US dollars, a 6.4% decrease from 2019. Between 2017 and 2020, imports increased by 60.5%, averaging a 17.1% annual rise. The peak value was 37 924 thousand US dollars in 2019, with the largest increase of 52.6% occurring in 2018.

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

Throughout 2017-2020, Poland, Sweden, and Germany dominated Finland's frozen beef imports by value. Poland represented 63.5% of import value, Sweden 9.0%, and Germany 8.3%, collectively accounting for 80.8% of total imports.

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

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