The market for frozen vegetables and vegetable mixtures in Finland has shown variability over the past decade. Starting at 50.69 million kilograms in 2012, the market experienced fluctuations, peaking at 53.448 million kilograms in 2018. However, the market size in 2022 stood at 50.458 million kilograms. The year-on-year variations ranged from a high of 7.65% in 2018 to a low of -7% in 2016. Over the last two years, the market showed a slight recovery with a year-on-year increase of 2.59% in 2020 followed by a decrease of 4.29% in 2021, and a modest recovery by 1.39% in 2022. The compound annual growth rate (CAGR) for the last five years stands at a moderate 0.32%, indicating a relatively stagnant market.
Looking ahead, future trends to watch for include the increasing demand for convenience food, the growing focus on healthy food options, and potential supply chain improvements. Technological advancements in food preservation and storage could also play a crucial role in market growth. Additionally, consumer preferences towards organic and non-GMO frozen vegetables may shape the market dynamics in the coming years.
How does Finland rank in Frozen Vegetables and Vegetable Mixtures Market Size Volume?
# | 14 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 France | 745,800,000 | 2023 | +0.43% | -0.23% | View data |
2 | 2 Belgium | 707,270,000 | 2023 | +1.85% | +1.16% | View data |
3 | 3 Germany | 706,520,000 | 2023 | +0.28% | +0.11% | View data |
4 | 4 Spain | 666,590,000 | 2023 | +2.66% | +1.98% | View data |
5 | 5 United Kingdom | 579,530,000 | 2023 | +0.97% | +0.91% | View data |
9 | 9 Romania | 61,079,000 | 2023 | +7.5% | +2.91% | View data |
10 | 10 Portugal | 59,268,000 | 2023 | +0.9% | +0.35% | View data |
11 | 11 Finland | 51,807,000 | 2023 | +0.42% | -0.62% | |
12 | 12 Denmark | 38,906,000 | 2023 | -2.24% | -2.28% | View data |
13 | 13 Czech Republic | 35,827,000 | 2023 | -3.43% | -1.93% | View data |