From 2012 to 2022, the dried fish market in Finland exhibited fluctuating trends with an overall decline in volume. The market shrank from 626.5 to 428.99 thousand kilograms. Key fluctuations included significant drops in 2015 and 2020, with brief rebounds in 2016 and 2017.
In 2022, there was a slight year-on-year increase. Over the past five years, the compound annual growth rate (CAGR) was approximately -6.47%. For year-on-year trends, 2022 saw a minor rise of 0.82% after noticeable declines in previous years.
Future trends to watch:
- Potential market stabilization following the recent minor increase.
- The influence of consumer preferences for sustainable seafood.
- The potential impact of economic factors on purchasing power and consumption patterns.
- Increased demand for healthy, preserved food products driving market growth.
How does Finland rank in Dried FIsh Market Size Volume?
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 83,884,000 | 2023 | -0.48% | +0.037% | View data |
| 2 | 2 Spain | 27,688,000 | 2023 | -3.14% | -3.51% | View data |
| 3 | 3 Italy | 16,915,000 | 2023 | -0.027% | -3.62% | View data |
| 4 | 4 France | 8,369,300 | 2023 | -3.21% | -1.18% | View data |
| 5 | 5 Finland | 409,300 | 2023 | -1.95% | -6.45% |
