Based on the data provided, the hours worked in million hours for leather products in Finland from 2024 to 2028 shows a steady decline:
- 2024: 1.3986 Million Hours
- 2025: 1.3076 Million Hours
- 2026: 1.2176 Million Hours
- 2027: 1.1284 Million Hours
- 2028: 1.0402 Million Hours
Year-on-year variation:
- 2025: -6.50%
- 2026: -6.88%
- 2027: -7.32%
- 2028: -7.83%
Compound Annual Growth Rate (CAGR): -6.99% (2024-2028)
The forecast indicates a consistent decline in the number of hours worked in the leather products industry in Finland. Key trends to watch include technological advancements reducing labor needs, increased automation within production processes, potential shifts to alternative materials due to sustainability efforts, and global market dynamics influencing exports and imports within the sector.
