The import volume of margarine and reduced and low fat spreads to Finland stood at 15.075 million kilograms in 2023. Analyzing the year-on-year variations, the data shows fluctuations: imports decreased by 31.52% in 2020 due to the pandemic, rebounded with 17.82% in 2021 and 17.96% in 2022, and increased by 8.39% in 2023. When considering the last five years, the CAGR has moved from -0.37% in 2022 to 1.81% in 2023. The five-year forecast predicts a CAGR of 1.14%, leading to a total five-year growth rate of 5.84% by 2028.
Future trends to watch for:
- Increased consumer demand for healthier and functional food options.
- Potential impacts of environmental and health regulations.
- Technological advancements in production and packaging.
- Shifts in dietary trends towards plant-based alternatives.