The ice cream production value in Finland has exhibited a consistent decline over the past decade. From 2013's value of 206.1 million Euros, it decreased significantly to 65.2 million Euros by 2023. The year-on-year variation over the last two years shows a reduction of -10.34% in 2022 and -11.53% in 2023. The compound annual growth rate (CAGR) for the five years leading up to 2023 is -8.99%. Looking forward, forecasts predict an even sharper decline, with a forecasted five-year CAGR of -17.6%, resulting in a production value of 21.26 million Euros by 2028, representing a -62.02% growth rate between 2024 and 2028.
Future trends to watch for include potential shifts in consumer preferences, market saturation, economic factors, and the impact of environmental sustainability practices on production processes.
