The frozen fish market in Finland showed a sold production of 4.9706 million kilograms in 2024. Forecasts project a steady increase to 5.1926 million kilograms by 2028. The 2024 production sees a growth of approximately 1.13% year-on-year from the previous year of 2023, considering the values increasing year-on-year suggest a consistent trend in the market.
Key variations year-on-year for the upcoming years are as follows:
- 2024-2025: 1.13%
- 2025-2026: 1.11%
- 2026-2027: 1.08%
- 2027-2028: 1.07%
The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is projected to be around 1.10%, indicating steady growth in the sector.
Future trends to keep an eye on include the impact of sustainable fishing practices, climate change effects on fish populations, advances in freezing technology, potential shifts in consumer dietary preferences, and economic factors affecting the purchasing power of consumers and the overall supply chain.
