The production of food-grade salt in Finland has shown a considerable growth trend from 2013 to 2023, starting at 2.5765 million kilograms in 2013 and rising to 3.9566 million kilograms in 2023. This represents a steady increase despite periodic fluctuations, such as the substantial increase of 34.78% in 2015 and a sharp decrease of 19.57% in 2021, reflecting market and environmental impacts.
The year-on-year variation for 2023 was 2.84%, and the compound annual growth rate (CAGR) over the last five years leading up to 2023 was 3.71%. This indicates a resilient upward trend despite certain years of decline, showing Finland's robust production capacity and adaptation to market demands.
Looking forward, projections indicate continuous growth in the production of food-grade salt, with forecasts suggesting a rise to 4.4867 million kilograms by 2028. This is aligned with an expected 5-year CAGR of 1.99% and a forecasted growth rate of 10.38% over the same period.
Future trends to watch include advancements in salt production technology, shifts in global salt demand, and environmental regulations that could affect production practices. Monitoring these factors will be crucial for sustained growth in this sector.