Milled rice and broken rice market in Finland

Earlier Report Observations

The market volume for milled rice and broken rice in Finland grew from 26 thousand tons in 2018 to a peak of 36 thousand tons in 2022, before declining to 33.4 thousand tons by 2024. This overall expansion was interrupted by a slight dip in 2021 and a more pronounced contraction in the final two years.

This trajectory was primarily supported by a substantial rise in imports, which increased from 24.5 thousand tons to nearly 35 thousand tons over the period, while domestic production remained limited and volatile. In value terms, the market demonstrated stronger growth, rising from 24.8 million dollars in 2018 to 46.3 million dollars in 2023, highlighting significant price increases that offset the later decline in physical volume.

Production milled rice and broken rice in Finland

In value, 2017-2020, K $ US

Finland's milled rice and broken rice production declined after two years of growth. In 2019, output reached its peak at 2 129 thousand US dollars, but by 2020 it had fallen to 2 032 thousand US dollars, marking a 4.5% decrease from the previous year. Over the 2017-2020 period, production grew by 59%, with an average annual growth rate of 16.7%. The most significant increase occurred in 2019, when production surged by 32.6%.

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

In kind, 2017-2020, t

Top producers of milled rice and broken rice, 2017-2020

World map of production of milled rice and broken rice, 2017-2020

Milled rice and broken rice production in Finland declined following two years of increases. In 2019, output peaked at 2 008 tonnes, but in 2020 it dropped to 1 759 tonnes, representing a 12.4% contraction compared to 2019. Between 2017 and 2020, production rose by 60.3%, translating to an average annual growth rate of 17.0%. The largest increase was recorded in 2018, when production jumped by 46.6%.

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

Exports milled rice and broken rice from Finland

Exports in kind, t

The market showed an unstable trend over the period. Exports reached their lowest point in 2019 at just 5 tonnes, but then surged to 108 tonnes in 2020, marking a dramatic year-on-year increase of 1,944.1%. The peak was recorded in 2017, with a 30-fold difference between the high in 2017 and the low in 2019. The largest decline occurred in 2019, when exports fell by 93.4%.

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

From 2017 to 2020, Estonia, Russia, and Sweden were the key partners for Finland's exports of milled rice and broken rice in volume terms. Estonia accounted for 50.3% of exports, Russia for 27.1%, and Sweden for 21.1%. Together, these three countries represented 98.5% 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

Exports of milled rice and broken rice from Finland increased for the second year in a row. In 2020, export value reached 153 thousand US dollars, reflecting a solid 16.6% uptick compared to 2019. However, over the 2017-2020 period, exports decreased by 3.2%, with an average annual decline of 1.1%. The lowest value was recorded in 2018 at 101 thousand US dollars, when exports fell by 36.1%. The largest increase occurred in 2019, with a 29.9% rise.

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

Between 2017 and 2020, Estonia and Russia were the dominant buyers of milled rice and broken rice from Finland in value terms, together accounting for 80.4% of total exports. Other partners played a less significant role in the export market.

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

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

Imports milled rice and broken rice to Finland

Imports in kind, t

Imports of milled rice and broken rice into Finland increased for the second consecutive year. In 2020, import volume reached 28 559 tonnes, marking a modest 10.0% increase compared to 2019. Over the 2017-2020 period, imports grew by 16.2%, with an average annual growth rate of 5.1%. The lowest volume was recorded in 2018 at 24 495 tonnes, when imports declined by 0.4%.

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

From 2017 to 2020, Italy, Spain, and Thailand were the leading sources for Finland's imports of milled rice and broken rice in volume terms. Italy supplied 37.3% of imports, Spain 27.8%, and Thailand 9.3%. Collectively, these three countries represented 74.4% 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

Imports of milled rice and broken rice into Finland increased for the third year in a row. In 2020, import value registered 28 698 thousand US dollars, which is 7.7% higher year-on-year. Between 2017 and 2020, imports rose by 32.8%, with an average annual growth rate of 9.9%.

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

Throughout 2017-2020, Italy, Spain, and Thailand formed the core group of markets for Finland's imports of milled rice and broken rice in value terms. Italy accounted for 33.8% of imports, Spain for 25.1%, and Thailand for 8.6%. Together, these three countries represented 67.6% 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