The export of frozen shrimps and prawns from Finland is projected to decline from 4.37 thousand kilograms in 2024 to 3.62 thousand kilograms in 2028. Compared to the baseline of 2023, where actual export stood at 4.56 thousand kilograms, the year-on-year variations indicate a consistent downward trend. Specifically, exports are expected to decrease by 4.35% in 2025, 4.55% in 2026, 4.76% in 2027, and 4.74% in 2028. The compound annual growth rate (CAGR) over this five-year period reflects an average annual decline of around 4.58%.
Future trends to watch for:
- Shifts in global demand for frozen seafood, particularly from emerging markets.
- Potential impacts of international trade policies and tariffs on seafood exports.
- Innovative fishing and aquaculture practices that could influence supply.
- Environmental regulations and sustainability concerns impacting production volumes.