Forecast: Beef Meat Production in Finland

Between 2013 and 2023, Finland's beef meat production showed an overall upward trend. The production in 2023 stood at 87.71 thousand metric tons, reflecting a slight year-on-year increase of 0.072% from the previous year. Notably, there was a sharp decline in 2020 by 5.26%, followed by a significant rebound of 5.34% in 2021. Over the last five years, the annual compound annual growth rate (CAGR) averaged at 0.15%, indicating modest growth.

Future trends to watch for include:

  • Steady production increases forecasted, with the CAGR projected at 0.06% over the next five years, leading to an expected production of 88.04 thousand metric tons by 2028.
  • Potential impacts from global economic factors, climate change, and technological advancements in agricultural practices.
  • Shifts in consumer demand towards sustainable and locally-sourced products.

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