The production of ethylene polymers in Finland experienced a significant decline from 2013 to 2015, followed by a gradual recovery. In 2023, the production value stood at 269.7 Million Kilograms. Year-on-year variations show notable fluctuations, such as a 77.06% increase in 2021 and a 4.01% rise in 2023, contrasting with periods of decline. The last five-year CAGR up to 2023 was 11.66%, indicating substantial recovery.
Forecasts predict continued growth, with steady year-on-year increases anticipated from 2024 to 2028, reflecting an expected 2.71% CAGR. This suggests a stable upward trend, with a 14.33% forecasted growth rate over the five years.
Future Trends to Watch For:
- Market demand shifts and technological advancements in polymer production could significantly impact future output.
- Regulatory changes and environmental policies will likely play a crucial role in production practices and capacities.