The pelagic fish production in Finland has shown moderate growth and some fluctuations over the past decade. From 2014 to 2023, volume increased from 142.5 thousand metric tons to 154.1 thousand metric tons. Year-on-year analysis indicates that 2023 had a marginal growth of 0.4% compared to a significant drop in 2020 by -16.64%. The CAGR for the last five years stands at 0.46%, pointing to relatively stable but slow growth.
Future forecasts predict continued stable growth, with production expected to reach 156.86 thousand metric tons by 2028. The forecasted 5-year CAGR is 0.34%, indicating a consistent upward trend, albeit at a gradual pace.
Trends to watch for include changes in fishing regulations, climate impacts, and shifts in consumer demand. These factors could influence both short-term fluctuations and long-term growth in pelagic fish production.
