Since 2014, the demand for crustaceans in Finland has exhibited a generally declining trend. Starting from 11.09 thousand metric tons, there has been a year-on-year variation, with notable declines in 2015 (-13.35%) and 2020 (-18.62%). The figures for 2023 show that the volume stood at 8.08 thousand metric tons, a -1.82% year-on-year decrease from 2022. Over the past five years, the compound annual growth rate (CAGR) has been -1.98%. The forecast suggests a continued downward trend, with a forecasted 5-year CAGR of -1.69%, culminating in an 8.17% total decline in volume by 2028.
Future trends to watch for include potential market stabilization or demand shifts due to sustainability trends, changes in consumer preferences, or initiatives to promote local seafood consumption. Additionally, monitor any significant economic or political changes impacting supply chains, as these could influence future demand.
