The import of fish, crustaceans, molluscs, and aquatic invertebrates to Finland has shown significant variation over the years. In 2013, the import value stood at a substantial $338.57 million, showing a fluctuating trend with a notable dip in 2015 and a subsequent recovery. By 2023, the import value reached $579.8 million. The year-on-year variations have been marked by both sharp increases, such as 44.44% in 2017, and declines, such as -24.02% in 2015. Over the last decade, the compound annual growth rate (CAGR) remained positive, with an 11.62% CAGR in 2013 dropping to 3.55% in 2023.
- From 2020 to 2022, the import value showed a consistent upward trend, indicating a strong market recovery post-pandemic.
- The forecasted period from 2024 to 2028 suggests a steady growth, albeit at a slower pace, with a forecasted 5-year CAGR of 2.73%.
Future trends to watch for include the sustainability and environmental impacts on seafood supply chains, changes in global trade policies, and advancements in aquaculture practices that may affect import volumes and values. Monitoring consumer preferences for sustainably sourced seafood will also be key to understanding market dynamics.
