Forecast: Fresh Seafood Production in Capture Fisheries for Human Consumption in Finland

The fresh seafood production in capture fisheries for human consumption in Finland has shown significant variability from 2013 to 2023, with the highest value recorded in 2013 at 37.82 thousand metric tons and reaching 12.46 thousand metric tons in 2023. Notable year-on-year variations occurred, with a steep decline in production in 2018 and 2022. In recent years, the CAGR over the last five years was -6.68%, indicating a continuous downward trend.

Looking towards the forecasted data from 2024 to 2028, the trend is expected to sharply decline with an alarming forecast 5-year CAGR of -44.49%. Fresh seafood production is predicted to drop nearly 95% by 2028, indicating a troubling outlook for the sector.

Future trends to watch for include the impacts of sustainable fishing practices, climate change effects on fish populations, and potential advancements in aquaculture that may offset declines in capture fisheries.

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