The flavoured liquid milk products market in Finland has experienced a decline over the past decade, starting from 119.47 million kilograms in 2012 to 85.86 million kilograms in 2022. Year-on-year variations highlight a consistent downward trend, with notable declines in 2013 (-6.05%) and 2016 (-7.44%). Interestingly, there were slight recoveries in 2018 (7.42%) and 2020 (3.77%), though they were not enough to reverse the overall negative trend.
From a longer-term perspective, the average Compound Annual Growth Rate (CAGR) over the past five years has been negative, indicating a shrinking market. The last five-year CAGR was -0.93%, showing a slower decline compared to some previous years. Notably, the market size in volume stood at 85.86 million kilograms as of 2022.
Looking ahead, it will be crucial to watch for trends such as shifts in consumer preferences towards healthier or alternative beverages, potential increases in disposable income influencing premium product purchases, and possible innovations in product offerings to revitalize the flavoured liquid milk market. Monitoring these factors will be key to understanding future market dynamics.
How does Finland rank in Flavoured Liquid Milk Products Market Size Volume?
| # | 14 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,320,700,000 | 2023 | -0.59% | -1.54% | View data |
| 2 | 2 Germany | 949,250,000 | 2023 | -3.61% | -4.05% | View data |
| 3 | 3 Italy | 347,870,000 | 2023 | -0.54% | -5.97% | View data |
| 4 | 4 Poland | 277,020,000 | 2023 | +0.97% | +0.7% | View data |
| 5 | 5 Portugal | 172,060,000 | 2023 | -1.49% | -2.28% | View data |
| 6 | 6 Finland | 75,208,000 | 2023 | -4.45% | -4.89% | |
| 7 | 7 Sweden | 57,578,000 | 2023 | -2.85% | -2.52% | View data |
| 8 | 8 Romania | 55,563,000 | 2023 | +3.03% | +1.85% | View data |
