The employment in the Seafood Processing Sector in Finland reached 0.789 thousand FTEs in 2023. Historically, employment in this sector has shown significant fluctuations, with a notable dip from 1.02 thousand FTEs in 2014 to a low of 0.6474 thousand FTEs in 2020. However, the sector has been on a recovery trajectory since then, with a modestly positive year-on-year growth rate of 0.38% from 2022 to 2023 and an average CAGR of 0.15% over the last five years.
Looking forward, the employment is projected to grow steadily, with a forecasted CAGR of 0.31% from 2024 to 2028. Notably, the sector is expected to grow by 1.55% in total over the next five years, reaching an estimated 0.80155 thousand FTEs in 2028.
Future trends to watch for:
- Technological advancements in seafood processing techniques.
- Increased automation and its impact on employment numbers.
- Policy changes regarding the fisheries and seafood export industries.
- Potential shifts in consumer demand for seafood products both domestically and internationally.