Forecast: Whole Fresh Seafood Production in Capture Fisheries in Finland

Whole Fresh Seafood Production in Capture Fisheries in Finland was at 61.73 Thousand Metric Tons in 2023. Observing the historical data, the production has shown considerable fluctuations. From a peak of 132.54 Thousand Metric Tons in 2017, we witnessed notable declines, particularly post-2017. Recent figures signal a more stabilized yet relatively low production level, suggesting a downward trend as the value falls to 61.73 Thousand Metric Tons in 2023. The year-on-year variation in 2022 was stark at -20.01%, with 2023 showing a marginal dip of -0.079%.

Future projections from 2024 to 2028 indicate only minor reductions year-on-year, with a forecasted 5-year CAGR of -0.16%. The average production over this period is anticipated to stabilize around the range of 61.12 to 61.61 Thousand Metric Tons, signaling a consistent but slightly declining trend.

Future trends to watch for include:

  • Changes in environmental policies impacting marine resources.
  • Technological advancements in sustainable fishing practices.
  • Global market demand shifts for fresh seafood.
  • Climate change and its effects on fish populations.
  • Regulatory changes influencing local and international fisheries agreements.

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