Ice cream market in Finland

Earlier Report Observations

Between 2018 and 2022, the Finnish ice cream market experienced fluctuations in volume, declining from 47 723 tons in 2018 to 44 993 tons in 2019 before stabilizing around 44 849 tons in 2020. The market then recovered to 48 454 tons in 2021 and remained nearly flat at 48 497 tons in 2022. In value terms, the market followed a similar pattern, falling from 173.3 million US dollars in 2018 to 156.0 million in 2019, then gradually rising to 172.6 million in 2021 before dipping to 158.6 million in 2022.

In 2023, market volume dropped to 43 101 tons, while value increased to 177.2 million US dollars, reflecting a trend towards premiumization driven by the introduction of diverse packaging sizes and sweet flavor combinations, along with the proliferation of specialized vegan and protein-rich options. In 2024, volume rebounded to 45 873 tons and value grew to 186.8 million US dollars, supported by multiple new product launches emphasizing local ingredients and lactose-free offerings, while rising prices for sugar and chocolate raw materials pushed consumer prices higher.

Production ice cream in Finland

In value, 2017-2020, M $ US

Finland's ice cream production declined for the second consecutive year. In 2020, output was valued at 113.7 million US dollars, down 7.4% from 2019. Production peaked in 2018 at 133.1 million US dollars, which represented a 20.7% increase from the previous year. The largest decline occurred in 2019, with a 7.7% drop. Overall, between 2017 and 2020, production increased by 3.2%, averaging 1.0% annually.

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

In kind, 2017-2020, t

From 2017 to 2020, Finland ranked 17th globally in ice cream production volume.

Top producers of ice cream, 2017-2020

World map of production of ice cream, 2017-2020

Finland's ice cream production declined for the second consecutive year. In 2020, 31,677 tonnes were produced, a 10.1% decrease from 2019. Production reached its highest point in 2018 at 35,908 tonnes, marking a 24.3% increase from the previous year. Over the 2017-2020 period, production grew by 9.7%, with an average annual growth rate of 3.1%.

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

Exports ice cream from Finland

Exports in kind, t

The data shows irregular changes, indicating a volatile market environment. Finland exported 2,186 tonnes of ice cream in 2020, down 31.2% from the previous year. Exports were lowest in 2017 and peaked in 2019 at 3,179 tonnes, with a 2.2-fold difference between these years. The largest increase occurred in 2018, with a 94.8% rise.

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

From 2017 to 2020, Sweden, France, and Germany were the key partners for Finland's ice cream exports by volume. Sweden accounted for 32.9% of exports, France for 31.5%, and Germany for 12.1%, together representing 76.5% 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, K $ US

The data reveals irregular changes, pointing to a volatile market environment. Finland exported 10.026 million US dollars worth of ice cream in 2020, a sharp 26.0% decrease from 2019. Exports were lowest in 2017 and reached their highest in 2019 at 13.553 million US dollars, with a 2.6-fold difference between these years. The largest increase was in 2018, with a 116.7% surge.

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

Between 2017 and 2020, Sweden, France, and Germany were the main markets for Finland's ice cream exports by value, together absorbing 74.4% of total exports.

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

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

Imports ice cream to Finland

Imports in kind, t

In 2020, Finland imported 15,359 tonnes of ice cream, an 18.8% increase from 2019. Imports were lowest in 2019 at 12,928 tonnes, which represented an 11.4% decline from the previous year. Over the 2017-2020 period, imports grew by 17%, averaging 5.4% annually.

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

From 2017 to 2020, Germany, Belgium, and Sweden were the core sources for Finland's ice cream imports by volume. Germany accounted for 23.8% of imports, Belgium for 20.2%, and Sweden for 15.1%, together making up 59.1% 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, K $ US

In 2020, Finland's ice cream imports totaled 53.892 million US dollars, a 15.0% increase from 2019. The largest decline occurred in 2019, with an 8.8% drop, while the largest increase was in 2018, with a 20.3% rise. Over the 2017-2020 period, imports increased by 26.1%, with an average annual growth rate of 8.0%.

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

Throughout 2017-2020, Germany, Belgium, and Sweden were the primary sources for Finland's ice cream imports by value. Germany accounted for 21.3% of imports, Belgium for 20.1%, and Sweden for 16.5%, together comprising 57.9% of total import flows.

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

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