The price per unit for preparations for animal feeds in Finland has shown a decreasing trend from 2012 to 2016, dropping from €0.58 to €0.42 per kilogram. This was followed by a slight recovery from 2017 to 2021, with prices moving from €0.43 to €0.50 per kilogram. The year-on-year variations indicated some fluctuations, particularly showing recovery in the latter part of the period.
The Compound Annual Growth Rate (CAGR) over the last five years shows a modest increase, highlighting a stabilization in prices post-2016. Moving into 2023, prices continue to show resilience compared to earlier years.
For future trends, stakeholders should watch for factors such as changes in agricultural policies, cost of raw materials, and the impact of climate change on production capacity. Additionally, innovations in animal nutrition and a shift towards sustainable feed ingredients could also influence pricing dynamics.
