Milk production in Finland is projected to decline from 1.6 million metric tons in 2024 to 1.19 million metric tons in 2028. In 2023, the milk production stood at 1.7 million metric tons. Year-on-year variations reveal a steady decrease: -6.25% from 2023 to 2024, -6.25% from 2024 to 2025, -7.33% from 2025 to 2026, -7.19% from 2026 to 2027, and -7.75% from 2027 to 2028. The compound annual growth rate (CAGR) over this period is approximately -6.98%.
Future trends to watch for include:
- Impact of climate change on dairy farming conditions.
- Changes in consumer preferences towards plant-based milk alternatives.
- Government policies and subsidies affecting dairy production.
- Technological advancements in dairy farming and milk production.
