The Finnish dairy products market experienced fluctuations in volume from 2012 to 2022. Starting with a moderate rise from 1.3001 billion kilograms in 2012 to 1.4307 billion kilograms in 2014, the market faced a downturn, with a notable year-on-year decline in 2015 of 10.97%. This trend continued until 2022, where the market volume stood at 0.96372 billion kilograms, reflecting an overall declining trend over the last decade.
Key variations to note include a minor year-on-year decline of 1.01% in 2022 and a Compound Annual Growth Rate (CAGR) of -4.04%. This extended reduction period points to shifting consumer preferences, possible market saturation, or increased competition from alternative products.
Future Trends to Watch:
- Increasing demand for plant-based dairy alternatives driven by health and environmental concerns.
- Innovations in dairy processing and product offerings to revitalize market interest.
- Potential impacts of regulatory changes on dairy production and sale in Finland.
How does Finland rank in Dairy Products Market Size Volume?
| # | 18 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 19,403,000,000 | 2023 | -3.06% | +0.27% | View data |
| 2 | 2 Italy | 10,201,000,000 | 2023 | -0.41% | +0.13% | View data |
| 3 | 3 United Kingdom | 9,124,500,000 | 2023 | +0.024% | -1.23% | View data |
| 4 | 4 France | 8,255,900,000 | 2023 | -3.21% | -3.61% | View data |
| 5 | 5 Poland | 4,571,700,000 | 2023 | +0.73% | +0.76% | View data |
| 10 | 10 Portugal | 1,049,800,000 | 2023 | -1.43% | -2.29% | View data |
| 11 | 11 Greece | 1,017,500,000 | 2023 | -0.76% | -1.1% | View data |
| 12 | 12 Finland | 944,830,000 | 2023 | -1.5% | -3.47% | |
| 13 | 13 Lithuania | 908,750,000 | 2023 | +1.96% | +2.06% | View data |
| 14 | 14 Croatia | 609,820,000 | 2023 | -0.55% | -0.29% | View data |
