Between 2013 and 2023, the sold production of ice cream and other edible ice in Finland exhibited considerable fluctuations. After a significant drop in 2013, production peaked in 2014, followed by a general trend of moderate growth interspersed with occasional declines. The largest uptick was observed in 2018, while subsequent years saw a mix of modest increases and slight declines, culminating in a 1.34% decrease in 2023, placing the value at 100.02 Million Euros. The CAGR over the last five years indicates a minor decline of 2.38% annually.
The forecast for the future indicates a gradual downward trend, with a projected 1.08% annual reduction in value leading up to 2028. This would result in a cumulative decrease of 5.31% over the coming five years.
Future trends to watch for:
- Shifts in consumer preferences towards healthier or alternative dessert options.
- Impact of economic fluctuations on discretionary spending on luxury items such as ice cream.
- Potential growth in niche markets, such as vegan or low-sugar ice creams.
- Technological advancements in production and storage which may enhance efficiency.
