Forecast: Biomass Consumption in Finland

Biomass consumption in Finland has demonstrated fluctuating patterns over the reviewed period. Key variations displayed are a significant decline of 17% in 2020, followed by a spike of 26.51% in 2021, maintaining at 0.19 kilograms per Euro in 2023. The year-on-year variations showcase volatility, but the five-year Compound Annual Growth Rate (CAGR) from 2019 to 2023 stands at approximately 0%, indicating overall stability.

Future trends to watch for:

- The forecast five-year CAGR of 0.31% and a forecast growth rate of 1.56% by 2028 suggest a steady, although modest, increase in biomass consumption.

- Emerging renewable energy technologies and governmental policies aimed at sustainability may impact future consumption patterns.

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