The meat market size value in Finland experienced a gradual increase from 2012 to 2016, peaking at 1.4011 billion euros in 2016. Following this, the market demonstrated a consistent decline through 2020, reaching its lowest at 1.2873 billion euros. A slight recovery was then observed from 2021 onwards, culminating in a market value of 1.3157 billion euros in 2022.
The year-on-year variation highlights notable fluctuations: the market experienced positive growth between 2012 and 2016, peaking in 2013 with a 7.07% increase. This was followed by a period of decline from 2017 to 2020, with the lowest point being a -2.16% decrease in 2019. From 2021 to 2022, the market showed signs of recovery with minor positive growth percentages. The Compound Annual Growth Rate (CAGR) for the periods supports these observations, with a general decline from 2020 to 2022 indicating a market slowdown.
Looking forward to future trends, factors such as changing consumer preferences towards plant-based diets, economic fluctuations, and potential policy regulations on meat consumption will be critical to watch. Innovations in sustainable meat production and shifts in import/export dynamics may also play significant roles.
How does Finland rank in Meat Market Size Value?
| # | 23 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26,271,000,000 | 2023 | +1.62% | +1.76% | View data |
| 2 | 2 France | 20,556,000,000 | 2023 | -0.43% | +0.36% | View data |
| 3 | 3 Italy | 19,843,000,000 | 2023 | +0.48% | +0.26% | View data |
| 4 | 4 United Kingdom | 17,318,000,000 | 2023 | +2.04% | +2.43% | View data |
| 5 | 5 Spain | 13,262,000,000 | 2023 | +1.18% | +2.68% | View data |
| 13 | 13 Greece | 2,065,800,000 | 2023 | +4.56% | +2.02% | View data |
| 14 | 14 Hungary | 1,522,700,000 | 2023 | +3.12% | +2.93% | View data |
| 15 | 15 Finland | 1,341,900,000 | 2023 | +1.33% | -0.02% | |
| 16 | 16 Bulgaria | 1,184,100,000 | 2023 | +2.17% | +4.95% | View data |
| 17 | 17 Slovakia | 870,350,000 | 2023 | +3.04% | +0.53% | View data |
