The cow milk cheese production in Finland has seen a declining trend from 2013 to 2023, with occasional minor increases. In 2023, the production stood at 82.15 thousand metric tons. Over the past two years, there has been a slight decrease, with a year-on-year variation of -0.27% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years is -1.18%, signifying a steady decline. The forecast suggests that this decline will continue, albeit at a slower rate, with an expected forecast 5-year CAGR of -0.1%, resulting in an average annual growth rate of -0.49%.
Future trends to watch for:
- Potential market shifts towards alternative dairy products.
- Changes in consumer preferences and dietary habits.
- Technological advancements in cheese production.
- Impact of economic policies and global trade agreements on dairy industry.
