Forecast: Employment in Seafood Processing Sector in Finland

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.

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