Forecast: Import of Frozen Shrimps and Prawns to Finland

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.

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