The import of crustaceans to Finland has shown considerable fluctuations between 2013 and 2023. Starting at $12.707 million in 2013, imports reached a peak of $13.478 million in 2014 before experiencing a significant decline to $9.1091 million in 2017. The import value rebounded to $11.281 million by 2022 and stood at $11.447 million in 2023, with a modest year-on-year growth of 1.48%. Over the last five years, the compound annual growth rate (CAGR) was 0.88%.
Key points:
- 2013-2014: Increase of 6.08% year-on-year
- 2015-2017: Noticeable decline, year-on-year reductions of up to 15.73%
- 2018-2022: Fluctuating but generally upward trend, CAGR of 4.37%
- 2023: Continued stabilization with a 1.48% increase
Forecast data suggests a stable growth trend in crustacean imports, achieving a CAGR of 1.17% over the next five years, reaching $12.284 million by 2028. Future trends to watch for include economic fluctuations affecting import capabilities, shifts in consumer preferences towards sustainable sourcing, and the impact of global trade policies.
