Finland's skimmed milk production has been on a declining trend from 2013 to 2023, with the production dropping from 279.27 thousand metric tons in 2013 to 151.93 thousand metric tons in 2023. This significant reduction reflects an average annual decrease of 4.97% over the last five years. The year-on-year variation from 2022 to 2023 was -3.7%, showing some volatility but consistent decline in recent years.
Future trends to watch for include:
- A continued decline in production, forecasted to fall to 126.51 thousand metric tons by 2028.
- An average yearly decrease (CAGR) of 2.82% over the next five years, indicating a slowing but persistent downward trend.
- Potential impacts of changes in consumer preferences, dairy industry innovations, and economic factors influencing the dairy market.