Frozen prepared potatoes market in Finland

Earlier Report Observations

The market for frozen prepared potatoes in Finland experienced steady volume growth from 26.9 thousand tons in 2018 to 40.9 thousand tons in 2022. This expansion coincided with rising consumer interest in frozen fresh potatoes, as food blogs and media widely shared tips on proper freezing techniques. Domestic farmers also focused on delivering early potatoes to stores around the school-year end, improving seasonal availability.

Market volume stabilized at around 40.4 thousand tons in 2023 before reaching 41.7 thousand tons in 2024. Over the same period, the market's value increased significantly, from 34.1 million USD to 68.7 million USD. The earlier start of early potato production in Southwest Finland in 2023 enhanced raw material supply, while 2024 saw the launch of new pre-cooked potato products by Porvoon Peruna and a VAT rate change effective September 1st, which influenced pricing and value growth.

Production frozen prepared potatoes in Finland

In value, 2017-2020, K $ US

In Finland, the output value of frozen prepared potatoes reached 9 499 thousand US dollars in 2020, showing a modest increase of 6.6% compared to the previous year. Looking at the period from 2017 to 2020, production grew by 20.8%, which translates to an average annual growth rate of 6.5%. The most significant decline occurred in 2019, with a change of 0.0%, while the largest increase was recorded in 2018 at 13.3%.

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

In kind, 2017-2020, t

Frozen prepared potatoes production in Finland has increased for the third consecutive year. In 2020, the country produced 6 047 tonnes of frozen prepared potatoes, representing a rise of 3.9% from the previous year. Over the 2017-2020 period, production expanded by 14.5%, with a compound annual growth rate of 4.6%.

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

Exports frozen prepared potatoes from Finland

Exports in kind, t

The market showed an unstable trend throughout the timeframe. Exports bottomed out in 2018 at 58 tonnes and peaked in 2020 at 373 tonnes, resulting in a 6.5-fold difference between these years. In 2020, Finland exported 373 tonnes of frozen prepared potatoes, which was 1.3% higher than the year before. The largest decline was recorded in 2018 at 18.0%, while the most significant increase occurred in 2019 with a jump of 537.1%.

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

From 2017 to 2020, Russia and Estonia consistently accounted for 97.4% of Finland's total exports of frozen prepared potatoes in volume terms. This indicates a high degree of market concentration, with a long tail of smaller markets making up the remainder.

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. The minimum export value was recorded in 2018 at 78 thousand US dollars, while the maximum occurred in 2020 at 466 thousand US dollars, showing a 6-fold variation between these years. In 2020, Finland exported frozen prepared potatoes worth 466 thousand US dollars, marking a notable gain of 18.6% compared to 2019. The largest decline was in 2018 at 13.9%, and the most significant increase was in 2019 with a surge of 404.6%.

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

Over the 2017-2020 period, Russia and Estonia were the dominant buyers of frozen prepared potatoes from Finland in value terms, together accounting for 97.8% of total exports. Other destinations each held relatively small shares, contributing to a concentrated export structure.

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 prepared potatoes to Finland

Imports in kind, t

Finland's imports of frozen prepared potatoes have increased for the third consecutive year. In 2020, imports totaled 26 103 tonnes, reflecting a gain of 7.7% compared to 2019. Over the 2017-2020 period, imports grew by 25%, with a compound annual growth rate of 7.7%.

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

From 2017 to 2020, the Netherlands and Belgium concentrated the majority of Finland's imports of frozen prepared potatoes in volume terms. Other markets formed a less significant part of the import structure, indicating a focused sourcing pattern.

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 frozen prepared potatoes have risen for the third consecutive year. In 2020, imports stood at 29 642 thousand US dollars, marking a gain of 11.9% compared to the previous year. Over the 2017-2020 period, imports increased by 23.7%, with a compound annual growth rate of 7.4%.

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

In the 2017-2020 period, the Netherlands and Belgium acted as the dominant sources for Finland's imports of frozen prepared potatoes in value terms, jointly taking 87.1% of total import flows. The remaining share was distributed among other markets, highlighting a concentrated import structure.

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

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