The export of animal feed preparations from Finland has shown significant fluctuations over the years. In 2023, the volume stood at 32.744 Million Kilograms, marking a steady growth rate compared to the previous years. The year-on-year variation was 1.3% from 2022 to 2023. Over the last two years, the volume has consistently increased, with incremental growth observed each year. Analyzing the last five years, the Compound Annual Growth Rate (CAGR) reflects an average growth of 2.83% annually. Forecasts for 2024 and beyond indicate a continued albeit moderate rise, with an expected 5-year CAGR of 0.93%, culminating in a 4.72% overall growth by 2028.
Future trends to watch for include potential impacts of global trade policies, advancements in animal nutrition technologies, and shifts in demand from emerging markets. Additionally, sustainability practices and regulations could play a crucial role in shaping the export landscape. Monitoring these factors will provide valuable insights into the long-term trends in this sector.