The Finnish starches and starch products market experienced fluctuations from 2013 to 2023, peaking in 2014 at 505.6 million euros. Since then, a notable decline occurred, with the market size steadily reducing to 380.66 million euros in 2023. Over the last five years, the market's compound annual growth rate (CAGR) stands at -1.82%, signifying a consistent contraction. Particularly, there was a significant year-on-year decrease of 1.94% from 2022 to 2023.
Future trends to watch for include:
- Emerging demand for alternative starches driven by health and sustainability trends.
- Technological advancements in starch processing that may influence cost dynamics.
- Potential market recovery influenced by rising food and biofuel industries.
How does Finland rank in Starches and Starch Products Market Size Value?
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,560,700,000 | 2023 | +1.46% | +1.76% | View data |
| 2 | 2 Germany | 1,447,100,000 | 2023 | -3.65% | +0.67% | View data |
| 3 | 3 Italy | 860,770,000 | 2023 | +1.09% | +0.48% | View data |
| 4 | 4 United Kingdom | 713,020,000 | 2023 | -0.84% | -1.26% | View data |
| 5 | 5 Denmark | 561,220,000 | 2023 | +3.28% | +3.35% | View data |
| 6 | 6 Finland | 380,660,000 | 2023 | -1.94% | -1.82% | |
| 7 | 7 Poland | 258,530,000 | 2023 | -2.57% | -0.39% | View data |
| 8 | 8 Greece | 172,010,000 | 2023 | -1.5% | -1.29% | View data |
