Between 2013 and 2023, the market for animal feeds (excluding dog or cat food) in Finland showed a declining trend in value per capita, starting at €184.39 in 2013 and decreasing to €156.23 in 2023. The most significant drop occurred between 2014 and 2015, followed by a slower decline with a brief increase between 2020 and 2021. Over the last two years, the market showed a decrease, with a -4.37% year-on-year drop from 2021 to 2022, followed by a -0.52% drop from 2022 to 2023. The five-year Compound Annual Growth Rate (CAGR) from 2018 to 2023 is approximately -1.37%.
Future trends to watch for include potential recovery or further declines due to changes in agricultural practices, feed efficiency improvements, and economic factors influencing agriculture investment. Monitoring these elements will be crucial for predicting market dynamics post-2024.
How does Finland rank in Preparations for Animal Feeds (Excluding Dog or Cat Food) Market Size Value Per Capita?
| # | 20 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 496.57 | 2023 | View data | ||
| 2 | 2 Netherlands | 385.76 | 2023 | View data | ||
| 3 | 3 Belgium | 303.02 | 2023 | View data | ||
| 4 | 4 Spain | 254.12 | 2023 | View data | ||
| 5 | 5 Portugal | 195.31 | 2023 | View data | ||
| 6 | 6 Poland | 157.02 | 2023 | View data | ||
| 7 | 7 Finland | 156.23 | 2023 | |||
| 8 | 8 France | 135.82 | 2023 | View data | ||
| 9 | 9 Sweden | 128.04 | 2023 | View data | ||
