Forecast: Permanent Grassland Area Under Conversion to Organic Farming in Finland

The permanent grassland area under conversion to organic farming in Finland has experienced significant fluctuations from 2013 to 2023. The trend shows a volatile pattern with values peaking in certain years, such as in 2013 and 2015, but consistently dropping to minimal or no growth from 2020 onwards. In 2023, the conversion rate stood at the lowest historical values recorded since 2016, with a year-on-year variation of 0% since 2019. The Compound Annual Growth Rate (CAGR) over the past five years leading up to 2023 denotes a substantial decrease of -12.94%.

Future trends to watch for:

  • Stagnation: The data forecasted from 2024 to 2028 suggest zero growth in the conversion rates, indicating potential stagnation.
  • Sustainable Practices: Any policy changes or incentives for sustainable farming may impact these projections.
  • Consumer Demand: Shifts in consumer preferences towards organic products and their influence on farming practices.

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