The Wheat or Meslin Flour market in Finland has experienced a downward trend over the past decade, starting from a value of 107.32 million Euros in 2012 to 81.633 million Euros in 2022. In recent years, the market has seen fluctuations with increases and decreases, resulting in a mixed trend. Notably, a significant drop occurred from 2013 to 2014 (10.37% decline), followed by continuous descent until 2017. A slight recovery was seen in 2018 and 2019, but the market value dropped again in 2020 and 2021.
Year-on-year variations show volatility, with 2013 witnessing an increase of 10.37%, whereas 2014 and 2015 marked substantial declines of 11.2% and 9.24%, respectively. The most recent data from 2021 to 2022 shows a minimal increase of 0.14%. The Compound Annual Growth Rate (CAGR) over the last 5 years averages at -1.78%, indicating a consistent reduction in overall market value.
Future trends to watch for include potential market stabilization and recovery driven by changes in consumer behavior, potential economic improvements, and innovations in the milling and flour production processes. Monitoring global wheat prices and local agricultural policies will also be pivotal for predicting market movements.
How does Finland rank in Wheat or Meslin Flour Market Size Value?
| # | 23 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,777,500,000 | 2023 | +1.5% | +1.28% | View data |
| 2 | 2 Italy | 2,108,400,000 | 2023 | -4.15% | -1.81% | View data |
| 3 | 3 Germany | 2,094,500,000 | 2023 | -1.05% | +1.17% | View data |
| 4 | 4 United Kingdom | 1,770,000,000 | 2023 | -0.8% | +0.38% | View data |
| 5 | 5 Spain | 1,521,300,000 | 2023 | +0.11% | -0.26% | View data |
| 18 | 18 Slovakia | 117,630,000 | 2023 | +3.11% | +2.08% | View data |
| 19 | 19 Croatia | 95,625,000 | 2023 | -5.84% | -3.71% | View data |
| 20 | 20 Finland | 81,583,000 | 2023 | -2.55% | -2.02% | |
| 21 | 21 Lithuania | 55,942,000 | 2023 | -2.25% | -0.93% | View data |
| 22 | 22 Slovenia | 42,982,000 | 2023 | -8.32% | -2.86% | View data |
