Whole dried milk production in Finland has shown a noticeable upward trend from 4.0 Thousand Metric Tons in 2013 to 21.29 Thousand Metric Tons in 2023. In 2023, production stood at a value that indicated a healthy growth. The year-on-year change from 2022 to 2023 was 4.06%, and the 5-year CAGR leading up to 2023 was 4.65%. This suggests a steady increase in production, although more moderate than the earlier years characterized by sharp, episodic growth. The projection for 2028 estimates a production value of 25.63 Thousand Metric Tons, reflecting a forecasted 5-year CAGR of 2.91% and an overall growth rate of 15.43%.
Trends to watch for include potential shifts in dietary habits, changes in export markets, advancements in dairy farming technology, and possible impacts of climate change on milk production. Additionally, monitoring global dairy market dynamics and international trade policies will be crucial in forecasting future trends in whole dried milk production.
