Semi-milled or wholly milled rice market in Finland

Earlier Report Observations

From 2018 to 2022, the market volume for semi-milled or wholly milled rice in Finland grew consistently, rising from 24 910 t to 34 993 t, which represents a 40% increase over the period. Growth was particularly strong in 2020 and 2022. After reaching its peak in 2022, the physical volume of the market experienced a modest contraction and then stabilized around 32 000 t in 2023 and 2024.

In value terms, the market expanded at an even faster pace, increasing from $24 million in 2018 to $45.4 million in 2023, before a slight correction to $43.4 million in 2024. This suggests a persistent upward trend in prices or a gradual shift in the product mix toward higher-value offerings within the category.

Local production of rice in Finland was negligible throughout the period and fell by more than half from 2020 to 2024. The market remained overwhelmingly reliant on imports, which consistently supplied over 99% of the total volume available to consumers.

Production semi-milled or wholly milled rice in Finland

In value, 2017-2020, K $ US

Finland's production of semi-milled or wholly milled rice 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 four-year period from 2017 to 2020, 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 semi-milled or wholly milled rice, 2017-2020

World map of production of semi-milled or wholly milled rice, 2017-2020

Finland's production of semi-milled or wholly milled rice dropped following two years of gains. In 2019, output peaked at 2,008 tonnes, but in 2020 it fell to 1,759 tonnes, representing a 12.4% decline compared to 2019. From 2017 to 2020, production rose by 60.3%, with 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 semi-milled or wholly milled rice from Finland

Exports in kind, t

The market exhibited volatility during the observed period. In 2017, exports reached their highest level, while in 2019 they hit their lowest point, with a 30-fold difference between these years. In 2020, Finland exported 108 tonnes of semi-milled or wholly milled rice, which was 1,943.9% higher than the previous year. The minimum value was recorded in 2019 at just 5 tonnes, and the largest decline occurred that same year, with a drop of 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 primary buyers of semi-milled or wholly milled rice from Finland. Estonia accounted for 50.3% of exports in volume, Russia for 27.1%, and Sweden for 21.1%. Together, these three countries made up 98.5% of Finland's total exports in this category.

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

Finland's exports of semi-milled or wholly milled rice increased for the second year in a row. In 2020, exports rose to 153 thousand US dollars, up 16.5% from 2019. However, over the period from 2017 to 2020, overall 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%. In contrast, 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 dominated Finland's exports of semi-milled or wholly milled rice in value terms. Estonia contributed 53.0% of total exports, while Russia accounted for 27.5%. Together, these two partners represented 80.4% of the total export value, with other countries making up the remainder.

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

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

Imports semi-milled or wholly milled rice to Finland

Imports in kind, t

Finland's imports of semi-milled or wholly milled rice grew for the third consecutive year. In 2020, imports reached 27,498 tonnes, showing a strong year-on-year increase of 13.9%. From 2017 to 2020, imports rose by 18.8%, equivalent to an average annual growth rate of 5.9%.

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

From 2017 to 2020, Italy, Spain, and Poland were the main sources of semi-milled or wholly milled rice imports to Finland. Italy supplied 39.3% of imports by volume, Spain 29.3%, and Poland 6.8%. Combined, these three countries accounted for 75.4% of Finland's total imports in this category.

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 semi-milled or wholly milled rice increased for the third year in a row. In 2020, imports totaled 27,839 thousand US dollars, reflecting a moderate year-on-year rise of 8.2%. Over the period from 2017 to 2020, imports grew by 34.8%, with an average annual increase of 10.5%.

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

Between 2017 and 2020, Italy, Spain, and Poland were the key markets for Finland's imports of semi-milled or wholly milled rice in value terms. Together, these three countries absorbed 69.2% of the total import value.

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

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