The Frozen Fish Fillets market in Finland has been variable over the years. Peak values in 2014 at 5.8639 million kilograms followed by a sharp drop in 2015. A consistent decline after 2018, with slight recovery in 2022 and stabilization in 2023 at 4.555 million kilograms. Year-on-year variations show significant fluctuations, with a notable peak at 12.63% in 2018 and biggest drop at -19.15% in 2015. The last five years reflect an average annual decline (CAGR) of -3.1%.
Looking ahead, the forecast suggests a continued decline, with an estimated annual average decrease (CAGR) of -2.81% from 2024-2028. Trends indicate a 13.29% reduction by 2028, reaching 3.8198 million kilograms.
Future trends to watch for:
- Shifts in consumer preferences towards fresh or alternate protein sources.
- Impact of sustainability practices and regulatory changes on fishing and production.
- Technological advancements in freezing processes that could affect quality and demand.