The import of frozen shrimps and prawns to Finland is projected to progress steadily from 2024 to 2028. In 2023, the actual import value stood at a certain figure, which we can use to observe year-on-year variations. Notably, from 2024 onwards, Finland anticipates an increasing trend with the market value progressing from $9.6274 million in 2024 to $10.426 million in 2028.
Year-on-year variation percentage:
- 2024 to 2025: 2.14%
- 2025 to 2026: 2.05%
- 2026 to 2027: 1.97%
- 2027 to 2028: 1.90%
On average, the compound annual growth rate (CAGR) from 2024 to 2028 is approximately 1.96%, reflecting a modest but consistent increase.
Key future trends to monitor:
- Changing consumer preferences toward sustainable and ethically sourced seafood could impact import volumes and values.
- Trade agreements and tariffs will play a significant role in determining future import costs and market dynamics.
- Technological advancements in storage and transportation could enhance the efficiency and cost effectiveness of imports.