The demand for freshwater fish in Finland, expressed in volume, stood at 96.04 thousand metric tons in 2023. Over the past decade, the demand has shown a decreasing trend, highlighted by significant fluctuations. Notably, there was a drop from 2014 to 2016, followed by relative stability from 2017 to 2019, before a significant decline in 2020. Since then, demand has partially recovered, yet it remains below its earlier highs.
Recent year-on-year variations show minor changes with a slight decline of 0.21% from 2022 to 2023. Over the last five years, the compound annual growth rate (CAGR) averaged to a modest -0.3%, indicating a slow decline in demand. Looking ahead, the forecasted data suggests a continued, albeit gradual, decline with a projected 5-year CAGR of -0.17% and an overall decline of 0.83% by 2028.
Future trends to watch for include shifts in consumer preferences towards alternative protein sources, potential impacts from environmental policies, and the effects of economic conditions on purchasing power and food consumption habits. Keeping an eye on technological advances in aquaculture and sustainability initiatives will also be crucial for understanding future market dynamics.
