Over the past decade, the volume of sold production of wheat or maslin flour in Finland has experienced significant fluctuations. From the peak value of 234.73 million kilograms in 2013, the volume consistently fell to 134.53 million kilograms by 2023. This represents an exceptionally volatile trend characterized by both sharp declines, such as the 40.37% drop in 2018, and notable rebounds, like the 18.44% increase in 2021. Specifically, the last two years saw a decrease of 11.07% in 2022 followed by a 3.98% drop in 2023. Analyzing the past five years up to 2023, the Compound Annual Growth Rate (CAGR) remained marginally positive at 2.21%.
Forecasts from 2024 onward suggest a continued decline in sold production volumes. With a foresight CAGR of -3.59% and an overall forecasted decrease of 16.71% over the next five years, Finland’s wheat or maslin flour market is anticipated to contract further, reaching 107.44 million kilograms by 2028.
Future trends to watch for include changes in consumer preferences towards alternative flours, potential impacts of climate change on crop yields, and evolving regulatory landscapes which could influence both production and consumption patterns.
