The Hydrogenated Vegetable Fats and Oils market in Finland showed notable variations in market volume from 2012 to 2022, with noticeable growth in the initial years. Significant year-on-year increases were observed in 2013 (26.92%) and 2014 (9.13%). However, between 2015 and 2020, the market experienced some fluctuations, including a steep decline in 2021 by 12.3%, followed by a recovery of 5.95% in 2022. The Compound Annual Growth Rate (CAGR) from 2018 to 2022 was -0.44%, indicating overall market contraction during this period.
For the future, key trends to watch include potential boosts driven by increasing demand for sustainable and healthier food products, as well as technological advancements in production. However, regulatory changes and consumer preferences toward non-hydrogenated alternatives could pose challenges.
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 98,236,000 | 2023 | +1.49% | -0.89% | View data |
| 2 | 2 Poland | 44,649,000 | 2023 | -6.01% | -4.81% | View data |
| 3 | 3 United Kingdom | 20,200,000 | 2023 | +0.033% | -0.075% | View data |
| 4 | 4 Czech Republic | 7,165,400 | 2023 | -2.1% | -1.75% | View data |
| 5 | 5 Finland | 4,659,800 | 2023 | +4.06% | -0.025% |
