The data on wages and salaries in Finland's fruit and vegetable processing industry shows fluctuating trends from 2013 to 2023. In 2023, the value stood at 69.7 million euros. Significant variations are observed between certain years, such as a sharp increase in 2015 by 37.58% and a steep decline in 2016 by -26.39%. Over the last two years, growth rates have stabilized with moderate increases, 2022 saw a 1.48% growth and 2023 a 1.6% increase. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was 1.04%, indicating a modest upward trend.
Future trends to watch for include:
- An expected average annual growth rate (CAGR) of 1.13% over the next five years.
- Overall growth projected at 5.8% by 2028, indicating a stable but slow increase.
- Potential factors influencing future trends might include advancements in processing technologies, changes in labor market dynamics, and fluctuations in demand for processed fruits and vegetables.
