Ketchup and other tomato sauces market in Finland

Earlier Report Observations

The market for ketchup and other tomato sauces in Finland showed steady growth from 2018 to 2022, with the market size increasing from 31 million dollars to 36 million dollars. Growth accelerated in 2020, rising by 8%, before continuing at a more moderate pace.

Consumer interest received a notable boost in 2022 when tomato was named the vegetable of the year in Finland, contributing to a 5% market increase that year. The market then surged dramatically by 36% in 2023, surpassing 49 million dollars. By 2024, it stabilized at this elevated level, supported by lasting demand for convenient ready-made sauces—a trend reinforced during the COVID-19 pandemic—and heightened price awareness among shoppers.

Production ketchup and other tomato sauces in Finland

In value, 2017-2020, K $ US

In 2020, Finland's production of ketchup and other tomato sauces reached a value of 6 244 thousand US dollars, representing a 6.2% increase compared to 2019. Over the period from 2017 to 2020, production grew by 8.2%, which translates to an average annual growth rate of 2.7%. The most significant decline occurred in 2019, when production fell by 3.4%.

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

In kind, 2017-2020, t

In 2020, Finland produced 3 626 tonnes of ketchup and other tomato sauces, showing a slight increase of 2.5% compared to 2019. The lowest production volume was recorded in 2019 at 3 536 tonnes. The largest decline took place in 2018, with a drop of 3.3%.

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

Exports ketchup and other tomato sauces from Finland

Exports in kind, t

After two consecutive years of decline, Finland's exports of ketchup and other tomato sauces rebounded in 2020. The export volume reached 920 tonnes, marking a substantial increase of 41.8% compared to the previous year. However, over the entire period from 2017 to 2020, exports decreased by 10.9%, with a compound annual growth rate of -3.8%. The lowest export volume was recorded in 2019 at 649 tonnes, which also saw the largest decline of 28.4%.

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

From 2017 to 2020, Russia, Estonia, and Sweden were the leading destinations for Finland's exports of ketchup and other tomato sauces in volume terms. Russia accounted for 44.0% of exports, Estonia for 35.0%, and Sweden for 8.7%. Together, these three countries represented 87.7% 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

Following a two-year decrease, Finland's exports of ketchup and other tomato sauces in value terms increased in 2020. Exports amounted to 1 288 thousand US dollars, reflecting a modest rise of 5.6% compared to 2019. Over the period from 2017 to 2020, exports declined by 8.4%, with a compound annual growth rate of -2.9%. The lowest value was recorded in 2019 at 1 220 thousand US dollars, which also experienced the largest decline of 7.2%.

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

Between 2017 and 2020, Estonia, Russia, and Sweden were the primary buyers of ketchup and other tomato sauces from Finland in value terms. Estonia accounted for 40.5% of exports, Russia for 36.3%, and Sweden for 10.7%. Collectively, these three countries made up 87.4% of total export value.

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

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

Imports ketchup and other tomato sauces to Finland

Imports in kind, t

The data shows irregular changes in imports, indicating a volatile market environment. Imports reached their lowest point in 2019 at 8 074 tonnes and peaked in 2020 at 19 065 tonnes, representing a 2.4-fold increase. In 2020, imports surged by 136.1% compared to 2019. The largest decline occurred in 2019, with a drop of 53.9%.

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

From 2017 to 2020, Sweden, the Netherlands, and Germany were the core sources of ketchup and other tomato sauce imports to Finland in volume terms. Sweden accounted for 32.8% of imports, the Netherlands for 23.8%, and Germany for 7.8%. Together, these three countries represented 64.4% 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

Finland's imports of ketchup and other tomato sauces in value terms increased for the third consecutive year in 2020. Imports reached 29 420 thousand US dollars, marking a moderate gain of 8.8% compared to 2019. Over the period from 2017 to 2020, imports grew by 22.2%, with an average annual growth rate of 6.9%.

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

Throughout 2017 to 2020, the Netherlands, Sweden, and Italy played the leading roles in Finland's imports of ketchup and other tomato sauces in value terms. The Netherlands accounted for 33.5% of imports, Sweden for 20.1%, and Italy for 11.4%. Collectively, these three countries represented 65.0% 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