Forecast: People Employed in Aquaculture Sector (Marine and Inland) in Finland

The employment in the aquaculture sector in Finland has shown a declining trend from 2013 to 2023, with fluctuations in year-on-year variations. The number of people employed decreased from 1.18 thousand persons in 2013 to 0.89 thousand persons in 2023. Key variations include significant drops in 2014 (-9.32%) and 2017 (-9.82%), while 2018 showed a notable increase (7.92%). However, consistent declines are visible from 2019 to 2023, highlighting an overall negative trend.

From 2020 to 2023, the sector continued to shrink with a cumulative annual growth rate (CAGR) of -3.97%. The forecast from 2024 to 2028 predicts a continued decline with a projected CAGR of -2.96%, totaling a 13.95% decrease by 2028.

Future trends to watch include:

  • Technological advancements in aquaculture which might reduce the need for labor.
  • Potential policy impacts regarding environmental sustainability and fishing quotas.
  • Economic factors, including funding for the sector and market demand for aquaculture products.

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