In analyzing the production of food products in Finland, the actual data from 2013 to 2023 shows a fluctuating trend. Production decreased from 2013 to 2016, reaching a low of €9.89 billion in 2016. An upward trend followed, peaking at €10.74 billion in 2023. Year-on-year variations highlight significant changes, such as the 6.2% growth in 2021 and the 4.14% decline in 2020. The last five-year Compound Annual Growth Rate (CAGR) before 2024 was 0.91%. Forecast data from 2024 to 2028 predicts continued growth, with production hitting €11.2 billion in 2028 and a forecasted five-year CAGR of 0.67%.
Future trends to watch for include technological advancements in food production, shifts in consumer preferences towards sustainable and organic products, and potential impacts from global trade policies and climate change. Monitoring these factors will be critical in anticipating future market dynamics.