The export volume of freshwater fish from Finland has increased significantly over the past decade. In 2014, the export volume stood at 6.51 thousand metric tons, reaching 25.87 thousand metric tons in 2023, indicating steady growth. Notably, the year 2017 marked a substantial spike with a 190.77% increase, which stabilized in subsequent years. The growth saw minor fluctuations, including a 12.2% decline in 2020, followed by a rebound in 2021 with a 20.61% increase. The year-on-year growth rate in 2023 was 4.69%, with a 5-year CAGR of 4.47%. The forecasted CAGR for the next five years suggests a moderate growth rate of 3.31%, projecting a 17.66% increase by 2028.
Future trends to watch for:
- Impact of environmental policies and sustainability practices on fish farming and exports.
- Technological advancements in aquaculture impacting production volumes.
- Global market demand fluctuations due to changing consumer preferences.