The demersal fish production in Finland has witnessed considerable fluctuation over the past decade, reaching 130.0 metric tons in 2023. The production peaked in 2015 at 440.0 metric tons but has shown a declining trend since then. Specifically, the year-on-year variation for 2023 was -7.14%, with the five-year CAGR (compounded annual growth rate) averaging -9.15%. Notable declines occurred in 2016 and 2020, while a significant drop of -7.89% was recorded in 2022. The five-year forecast projects a continued downturn, with a -13.44% CAGR and an overall decrease of 51.41% by 2028.
Future Trends to Watch:
- Environmental changes and sustainable fishing practices impacting production volumes.
- Advancements in fishing technology potentially stabilizing yields.
- Policy shifts in fishing regulations affecting production capacity.
