In Finland, the fresh sheep meat market was valued at 6.214 million Euros in 2023. Between 2013 and 2023, the market exhibited fluctuations, reaching a peak in 2017 at 8.4091 million Euros. However, from 2020 onward, there was a consistent decline, with an average annual decrease (CAGR) of -5.18% over the last five years. The year-on-year variation from 2022 to 2023 was -7.98%, indicating a continued downward trend. Forecasted values from 2024 to 2028 predict a further decrease, with a forecasted average annual decline rate of -8.72%.
Future trends to watch for include:
- Changes in consumer preferences and dietary trends.
- The impact of sustainability and ethical considerations on meat consumption.
- Market adaptations in relation to price fluctuations and supply chain adjustments.