The import of caviar and caviar substitutes to Finland saw significant fluctuations over the past decade. The actual value stood at 364.12 thousand kg in 2023, showing a decline of 3.33% from 2022. The year-on-year variation highlights a mix of substantial increases, such as 41.4% in 2014, and severe decreases, such as -29.37% in 2015. Over the last two years, there was a variation of -3.33%, and the last five years show an average decline per year with a CAGR of -5.1%. Future trend forecasts indicate a continued decline, with a five-year CAGR projected at -2.92% and an overall decline of 13.76% by 2028.
Future trends to watch for:
- Changes in consumer preferences and potential shifts toward sustainable or alternative seafood options could impact import volumes.
- Economic factors, including fluctuations in disposable incomes and import tariffs, may alter the demand for luxury food items like caviar.
- Environmental concerns and regulatory measures on sturgeon farming could affect the supply chain and availability of caviar.
