From 2012 to 2022, the Frozen Equine Meat Market in Finland experienced significant fluctuations in volume. Between 2012 and 2013, the market saw a positive growth trend, with year-on-year increases of 5.55% and 6.55%, respectively. However, starting in 2014, the market entered a decline phase with notable decreases, including a significant drop of 17.97% and subsequent years seeing further contractions.
This downward trend continued from 2015 through 2022, with only occasional slight recoveries such as in 2017. Over the last five years, the Compound Annual Growth Rate (CAGR) indicates an overall average yearly decline of 8.78%. The market volume in 2023 maintained this declining trend and stands at a lower level compared to its earlier years.
Future trends to watch for include potential shifts in consumer preferences, regulatory changes, and market responses to sustainability concerns. Monitoring these factors will be crucial for understanding the market's trajectory and potential areas for growth or further decline.
