Fish farming production in Finland has seen fluctuations between 2013 and 2023. Starting with 13.61 thousand metric tons in 2013, it peaked at 15.3 in 2019 but slightly decreased to 14.39 by 2023. The year-on-year variations show a mixed trend with periods of growth and decline. Notably, the most substantial growth occurred in 2015, with a 10.49% increase, while the most significant decline was in 2021 at 4.34%. The five-year CAGR leading to 2023 stands at 0.32%, indicating modest but positive average annual growth despite recent fluctuations.
The forecast data from 2024 to 2028 suggests a slight decline with a forecasted five-year CAGR of -0.03%, moving from 14.39 in 2024 to 14.37 in 2028. This suggests stabilized yet slightly diminishing production levels in the near future.
Future trends to watch for:
- Technological advancements in fish farming improving efficiencies and output.
- Adoption of sustainable practices amidst environmental concerns.
- Market demand shifts driven by changing consumer preferences and dietary trends.
- Regulatory impacts from governmental policies on aquaculture.
