Over the past decade, the import of caviar substitutes to Finland has exhibited significant fluctuations. In 2023, the actual volume stood at 363.08 thousand kilograms. Notably, there was a substantial increase from 2013 to 2014, followed by a sharp decline in 2015. Between 2016 and 2018, values varied slightly, stabilizing somewhat but ultimately decreasing steadily from 2019 to 2022. The compound annual growth rate (CAGR) for the five years prior to 2023 was approximately -5.09%, indicating consistent decline.
Looking at the future forecasts up to 2028, the outlook remains negative with a forecasted CAGR of -2.92%, anticipating a total decline of 13.79% over the period. By 2028, the import volume is expected to decrease further to 302.32 thousand kilograms. The import figures suggest a diminishing trend in line with changing consumption patterns or supply constraints.
Future trends to watch for include shifts in consumer preferences towards sustainable or alternative food products, potential changes in trade policies impacting import volumes, and fluctuating demand influenced by economic conditions or competition from other luxury food items.
