The pelagic fish market in Finland, as measured in volume, shows a forecasted decline from 49.77 thousand metric tons in 2024 to 47.81 thousand metric tons by 2028. This represents a year-on-year decrease of approximately 1.0% to 1.2% annually. The cumulative average growth rate (CAGR) over the five-year forecast period stands at -1.0% per annum. It's important to note that the market volume in 2023 was higher, reflecting a peak before the forecasted contraction.
-A drop of about 1.0% per year from 2024 onwards.
-Market volume in 2023 higher than forecasted future values.
Future trends to watch for include potential impacts of global climate change on fish stocks, changes in fishing regulations, and shifts in consumer demand towards more sustainable and locally-sourced seafood products. Additionally, advancements in aquaculture technology might influence the pelagic fish supply chain and market dynamics.
