Wheat production in Finland is forecasted to decrease significantly from 2024 to 2028. The production is expected to drop from 319.72 thousand metric tons in 2024 to 146.03 thousand metric tons in 2028. This represents a continuous year-on-year decline. Compared to 2023, where production stood at 350.00 thousand metric tons, the trends indicate a clear downward trajectory.
The year-on-year variation percentages are as follows: - 2024: -8.63% - 2025: -13.98% - 2026: -15.95% - 2027: -18.58% - 2028: -22.39%
The Compound Annual Growth Rate (CAGR) shows an average annual decline of 14.12% over the past five years.
The future trend to watch for is the impact of climate change on agricultural yield, advancements in farming technology, and changes in government policies or subsidies that may affect wheat production levels. Additionally, fluctuations in global wheat demand and prices could influence Finland's production strategies.
