Import of animal feed preparations to Finland has seen several shifts over the past decade. In 2023, the volume stood at 61.135 million kilograms. The data from 2013 to 2023 reveals fluctuations, with notable increases between 2013 and 2015 and decreases in 2017 and 2018. The notable drop in 2018 led to a period of stable but moderate growth from 2019 onwards.
Year-on-year variations show an initial strong growth followed by a dip and stabilization. In the last two years, the import volume increased slightly each year, with the latest increase being 1.81% in 2023. The Compound Annual Growth Rate (CAGR) over the last 5 years shows an annual growth of 3.52%.
Forecasts from 2024 to 2028 suggest a steady increase with an average annual growth (CAGR) of 1.27%, translating to an overall growth of 6.51% by 2028. This steady growth trend implies a stable demand for animal feed preparations in Finland.
Future trends to watch for include potential market changes due to evolving agricultural practices, advancements in animal nutrition, and international trade policies that may affect import volumes.