In 2023, the wheat market size volume in Finland stood at 395.0 thousand metric tons, reflecting a slight year-on-year decrease of 0.25%. From 2014 to 2023, the market exhibited a mix of fluctuations. Major changes include a notable 5.1% drop in 2018, while CAGR varied, with a recent five-year CAGR from 2019 to 2023 showing minimal growth of 0.2%. Forecasts predict a continued slight decline, with a projected 2028 volume of 393.0 thousand metric tons and a five-year CAGR of -0.1%.
Future trends to watch for:
- Climate change impacts on crop yields.
- Technological advancements in agriculture.
- Shifts in domestic and international demand.
- Policy changes and trade agreements affecting exports and imports.