Over the past decade, Finland’s garlic production has seen significant fluctuations. Initially, from 2013 to 2016, there was robust growth, peaking at a remarkable year-on-year increase of 93.15% in 2016. However, this was followed by severe declines in 2017 and 2018, hitting the lowest point in recent history with a dramatic 86.67% reduction in 2018. Recovery was seen in 2019 with a strong 600% rise, but the market remained volatile with further declines and modest recoveries through to 2023.
As we stand in 2024, garlic production is anticipated to stabilize, with forecasted year-on-year increases of around 1.5% over the next five years. By 2028, production is expected to reach 68 metric tons, reflecting a forecasted 5-year compound annual growth rate (CAGR) of 1.22%.
Future trends to watch for:
- Technological advancements in agriculture which could affect productivity and yield.
- Climate change impacts and their influence on harvest volumes.
- Market demand shifts driven by consumer preferences towards organic and locally sourced produce.
- Government policies and subsidies aimed at supporting local farming sectors.