The crustaceans market size volume in Finland has seen a steady decline from 2014 to 2023, starting at 11.09 thousand metric tons in 2014 and reaching 8.08 thousand metric tons in 2023. In 2023, the market stood at 8.08 thousand metric tons, reflecting a year-on-year decline of 1.82% and a five-year CAGR of -1.98%. Notably, significant drops occurred in 2015 and 2020, with declines of 13.35% and 18.62%, respectively. The market experienced positive growth only in 2021 and 2022, with increases of 12.18% and 3.26%, respectively.
Looking ahead, from 2024 onwards, the forecast indicates a continuing downward trend, with the market expected to decline to 7.23 thousand metric tons by 2028, translating to a five-year CAGR of -1.69% and an overall forecasted growth rate of -8.17% over this period.
Future trends to watch for include potential shifts in consumer demand for sustainable and locally sourced seafood, which could influence market dynamics, and any new regulations or policies impacting crustacean imports and production.
