The Finnish yoghurt market experienced a decline in volume from 231.95 million kilograms in 2012 to 178.58 million kilograms in 2022, representing a continuous trend over the past decade. Notably, the year-on-year variations indicate fluctuations, with significant drops like -5.28% in 2014 and -7.58% in 2021, counterbalanced by minor growth of 2.22% in 2018. Yet, a longer-term view shows an average yearly decline (CAGR) of -1.49% over the last five years. Notable is the sharp decline of -7.58% in 2021 contrasting with minor changes in subsequent years.
Future trends to watch for include the potential impact of health and wellness trends, the rise in plant-based alternatives, and evolving consumer preferences. Monitoring how these factors influence market demands and production strategies will offer insights into the upcoming market dynamics.
How does Finland rank in Yoghurts Market Size Volume?
# | 21 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 1,983,900,000 | 2023 | +2.3% | -0.45% | View data |
2 | 2 France | 1,844,800,000 | 2023 | -0.4% | -1.03% | View data |
3 | 3 United Kingdom | 698,630,000 | 2023 | +0.2% | +1% | View data |
4 | 4 Poland | 691,690,000 | 2023 | +0.77% | +0.43% | View data |
5 | 5 Italy | 520,610,000 | 2023 | -0.35% | -5.15% | View data |
9 | 9 Romania | 185,240,000 | 2023 | +0.81% | +1.69% | View data |
10 | 10 Denmark | 177,540,000 | 2023 | +3.03% | +4.7% | View data |
11 | 11 Finland | 167,850,000 | 2023 | -3.3% | -3.13% | |
12 | 12 Hungary | 153,670,000 | 2023 | -1.11% | -1.56% | View data |
13 | 13 Bulgaria | 150,400,000 | 2023 | +0.51% | +0.72% | View data |