The sold production of frozen fish fillets in Finland has exhibited a fluctuating trend over the past decade, with significant growth periods followed by declines. The value stood at 8.4234 million Euros in 2023. Recent years have shown a gradual decline, with a year-on-year decrease of -1.79% in 2023 and -1.74% in 2022. The last 5-year CAGR was -1.48%, indicating a slight negative average annual growth rate. The forecast through 2028 predicts a continued but controlled decline with an overall forecasted reduction of -7.17%.
Future trends to watch for include:
- Potential technological advancements in fish processing and freezing methods.
- Changes in consumer preferences towards fresher or alternative protein sources.
- Regulatory changes impacting the fishing industry and import/export dynamics.
- Environmental concerns affecting fish populations and supply chains.
- Market responses to global economic conditions and inflationary pressures.
