Forecast: Arable Land Area in Finland

The analysis of Finland's arable land area from 2013 to 2023 reveals a slight decline. The value in 2023 stood at 2.2369 million hectares. Examining the year-on-year variations, arable land experienced minor fluctuations, with key decreases: 2017 (-0.18%), 2020 (-0.089%), 2022, and 2023 both (-0.14%). The compound annual growth rate (CAGR) over the past 5 years was approximately -0.054%, highlighting a trend of slow decline.

Future trends to watch for:

  • Projected continuous decline in arable land area with an estimated 5-year CAGR of -0.1%.
  • Potential impacts of climate change and changes in agricultural practices on land use.
  • Government policies and technological advancements aimed at sustainable agriculture and land management.

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