The wine export volume in Finland has seen a noticeable upward trend over the past decade, growing from 9.0 thousand metric tons in 2014 to 14.0 thousand metric tons in 2023. Key spikes were observed in 2015 with a 22.22% year-on-year increase and in 2021 with a 23.26% increase. Despite a decline in 2020 with a 17% drop, the market quickly recovered. The Compound Annual Growth Rate (CAGR) over the last five years up to 2023 stood at 1.49%, hinting at steady growth.
Looking forward, the forecasted data for the years 2024 to 2028 indicate a continued but moderate increase, with a predicted 5-year CAGR of 1.55% and a cumulative growth rate of 7.98%. By 2028, the export volume is expected to reach 15.51 thousand metric tons.
Future trends to watch for include potential market shifts driven by changes in global demand, the impact of climate change on wine production, and evolving consumer preferences toward organic and sustainable wines. Monitoring these factors will be crucial for accurate forecasting and strategic planning.
