The Frozen Fish Fillets market in Finland has experienced a general decline from 2012 to 2022, with notable fluctuations. In 2012, the market value was 48.385 million euros, and by 2022, it had decreased to 36.803 million euros. Over the past five years, the Compound Annual Growth Rate (CAGR) has been consistently negative, indicating a shrinking market. The year-on-year variations show significant downturns notably in 2013 and 2017, with small periods of minor recovery in between.
Observing the recent trends, the market value decreased year-on-year by 0.56% in 2022 compared to a 4.66% drop in 2021. Over the last five years, the market has decreased at an average annual rate of -0.8% (CAGR).
Future trends to watch for include potential market stabilization post-2022, driven by evolving consumer preferences and developments in sustainable fishing practices. Monitoring these factors may provide insights into whether the market will continue to decline or begin to recover.
How does Finland rank in Frozen Fish Fillets Market Size Value?
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,254,300,000 | 2023 | +1.67% | +1.07% | View data |
| 2 | 2 Germany | 1,048,100,000 | 2023 | -1.67% | -1.83% | View data |
| 3 | 3 Spain | 1,007,100,000 | 2023 | +3.18% | +3.73% | View data |
| 4 | 4 Italy | 878,920,000 | 2023 | +4.06% | +2.74% | View data |
| 5 | 5 Poland | 356,160,000 | 2023 | +2.26% | +2.74% | View data |
| 8 | 8 Belgium | 186,740,000 | 2023 | +2.36% | +4.15% | View data |
| 9 | 9 Czech Republic | 81,508,000 | 2023 | +2.31% | -0.16% | View data |
| 10 | 10 Finland | 35,030,000 | 2023 | -2.75% | -2.88% | |
| 11 | 11 Slovakia | 32,903,000 | 2023 | +2.37% | +3.73% | View data |
| 12 | 12 Croatia | 26,574,000 | 2023 | +4.75% | +3.53% | View data |
