The Maize Feed in Finland has experienced significant variability from 2014 to 2023, growing from 7.0 Thousand Metric Tons in 2014 to 61.0 Thousand Metric Tons in 2023. Noteworthy changes include a sharp increase between 2017 and 2018, a decline in 2019, and a steady upward trend from 2019 onwards. Specifically, in 2023, it stood at 61.0 Thousand Metric Tons, showing a 7.02% year-on-year increase, while the CAGR over the last two years stood at 1.01%.
From 2014 to 2023, the year-on-year variation indicates fluctuations, with significant leaps in years like 2018 (625%) and a decline in 2019 (-20.69%). The period from 2019 to 2023 marks consistent growth, and the five-year CAGR for this latest period is 3.77%, reflecting a forecasted stable but moderate growth trajectory up to 2028.
Future trends to watch for include the sustainability of the increase in maize feed demand in Finland, potential changes in agricultural policies, and market dynamics influenced by climate change and technological advancements in farming. Monitoring these factors will be crucial for anticipating market shifts.