From 2013 to 2023, wages and salaries in the Prepared Meals and Dishes sector in Finland showed significant fluctuations. The period between 2014 and 2017 saw a notable decline, reaching its lowest point in 2017 at 70.1 million euros. A gradual recovery commenced from 2018, with the sector regaining stability through modest year-on-year increases. By 2023, the value stood at 77.4 million euros, reflecting a year-on-year growth of 0.52%. The Compound Annual Growth Rate (CAGR) for the last five years was approximately 1.97%.
Looking ahead, forecasted data suggests a consistent but modest upward trend until 2028, with a forecasted CAGR of 0.15% and a total growth rate of 0.77% over the next five years. This indicates a stable yet slow growth trajectory for wages and salaries in this sector.
Future trends to watch for include:
- Technological advancements in meal preparation affecting labor costs
- Changes in consumer demand for prepared meals and dishes
- Inflation rates influencing overall wage adjustments in the sector
