| Product Code: ETC7200559 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of licorice root to Finland in 2024 show promising growth, with top exporting countries including India, Netherlands, Germany, Denmark, and Sweden. The market concentration, as measured by the HHI, decreased from moderate to low in 2024, indicating a more competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was stable at 2.82%, while the growth rate from 2023 to 2024 surged to 5.42%. These trends suggest a healthy and expanding market for licorice root imports in Finland.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Finland Licorice Root Market Overview |
3.1 Finland Country Macro Economic Indicators |
3.2 Finland Licorice Root Market Revenues & Volume, 2021 & 2031F |
3.3 Finland Licorice Root Market - Industry Life Cycle |
3.4 Finland Licorice Root Market - Porter's Five Forces |
3.5 Finland Licorice Root Market Revenues & Volume Share, By Product Form, 2021 & 2031F |
3.6 Finland Licorice Root Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Finland Licorice Root Market Revenues & Volume Share, By Function Type, 2021 & 2031F |
3.8 Finland Licorice Root Market Revenues & Volume Share, By Grade Type, 2021 & 2031F |
3.9 Finland Licorice Root Market Revenues & Volume Share, By Raw Material Type, 2021 & 2031F |
3.10 Finland Licorice Root Market Revenues & Volume Share, By Ingredient Type, 2021 & 2031F |
3.11 Finland Licorice Root Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Finland Licorice Root Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Finland Licorice Root Market Trends |
6 Finland Licorice Root Market, By Types |
6.1 Finland Licorice Root Market, By Product Form |
6.1.1 Overview and Analysis |
6.1.2 Finland Licorice Root Market Revenues & Volume, By Product Form, 2021- 2031F |
6.1.3 Finland Licorice Root Market Revenues & Volume, By Roots, 2021- 2031F |
6.1.4 Finland Licorice Root Market Revenues & Volume, By Extracts, 2021- 2031F |
6.2 Finland Licorice Root Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Finland Licorice Root Market Revenues & Volume, By Essential Oils, 2021- 2031F |
6.2.3 Finland Licorice Root Market Revenues & Volume, By Liquid Malt Extract, 2021- 2031F |
6.2.4 Finland Licorice Root Market Revenues & Volume, By Oleoresins, 2021- 2031F |
6.2.5 Finland Licorice Root Market Revenues & Volume, By Herbs and Spices Dry Malt Extract, 2021- 2031F |
6.2.6 Finland Licorice Root Market Revenues & Volume, By Malt Flour, 2021- 2031F |
6.3 Finland Licorice Root Market, By Function Type |
6.3.1 Overview and Analysis |
6.3.2 Finland Licorice Root Market Revenues & Volume, By Performance Enhancers, 2021- 2031F |
6.3.3 Finland Licorice Root Market Revenues & Volume, By Palatability Enhancers, 2021- 2031F |
6.4 Finland Licorice Root Market, By Grade Type |
6.4.1 Overview and Analysis |
6.4.2 Finland Licorice Root Market Revenues & Volume, By Standard Malt, 2021- 2031F |
6.4.3 Finland Licorice Root Market Revenues & Volume, By Caramelized Malt, 2021- 2031F |
6.4.4 Finland Licorice Root Market Revenues & Volume, By Roasted Malt, 2021- 2031F |
6.5 Finland Licorice Root Market, By Raw Material Type |
6.5.1 Overview and Analysis |
6.5.2 Finland Licorice Root Market Revenues & Volume, By Maize, 2021- 2031F |
6.5.3 Finland Licorice Root Market Revenues & Volume, By Barley, 2021- 2031F |
6.5.4 Finland Licorice Root Market Revenues & Volume, By Wheat, 2021- 2031F |
6.5.5 Finland Licorice Root Market Revenues & Volume, By Rice, 2021- 2031F |
6.5.6 Finland Licorice Root Market Revenues & Volume, By Rye, 2021- 2031F |
6.5.7 Finland Licorice Root Market Revenues & Volume, By Oat, 2021- 2031F |
6.6 Finland Licorice Root Market, By Ingredient Type |
6.6.1 Overview and Analysis |
6.6.2 Finland Licorice Root Market Revenues & Volume, By Lipids, 2021- 2031F |
6.6.3 Finland Licorice Root Market Revenues & Volume, By Protein, 2021- 2031F |
6.6.4 Finland Licorice Root Market Revenues & Volume, By Polysaccharide, 2021- 2031F |
6.6.5 Finland Licorice Root Market Revenues & Volume, By Others, 2021- 2031F |
6.7 Finland Licorice Root Market, By End User |
6.7.1 Overview and Analysis |
6.7.2 Finland Licorice Root Market Revenues & Volume, By Food and Beverage Industry, 2021- 2031F |
6.7.3 Finland Licorice Root Market Revenues & Volume, By Tobacco Industry, 2021- 2031F |
6.7.4 Finland Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F |
6.7.5 Finland Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F |
6.7.6 Finland Licorice Root Market Revenues & Volume, By Dietary Supplement, 2021- 2031F |
7 Finland Licorice Root Market Import-Export Trade Statistics |
7.1 Finland Licorice Root Market Export to Major Countries |
7.2 Finland Licorice Root Market Imports from Major Countries |
8 Finland Licorice Root Market Key Performance Indicators |
9 Finland Licorice Root Market - Opportunity Assessment |
9.1 Finland Licorice Root Market Opportunity Assessment, By Product Form, 2021 & 2031F |
9.2 Finland Licorice Root Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Finland Licorice Root Market Opportunity Assessment, By Function Type, 2021 & 2031F |
9.4 Finland Licorice Root Market Opportunity Assessment, By Grade Type, 2021 & 2031F |
9.5 Finland Licorice Root Market Opportunity Assessment, By Raw Material Type, 2021 & 2031F |
9.6 Finland Licorice Root Market Opportunity Assessment, By Ingredient Type, 2021 & 2031F |
9.7 Finland Licorice Root Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Finland Licorice Root Market - Competitive Landscape |
10.1 Finland Licorice Root Market Revenue Share, By Companies, 2024 |
10.2 Finland Licorice Root Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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