Forecast: Iron Exports from Finland

Based on the forecast data, Finland's iron exports are projected to experience slight growth from 2024 to 2028. Specifically, the annual values indicate a steady increase from 5.53 million metric tons in 2024 to 5.76 million metric tons in 2028. Given that the value stood at 5.47 million metric tons in 2023, this marks a modest but consistent upward trend.

Year-on-year variations reveal a gradual increase in production volumes. From 2024 to 2025, the increase is approximately 1.08%, followed by 1.07% from 2025 to 2026, 1.06% from 2026 to 2027, and 0.87% from 2027 to 2028. The compound annual growth rate (CAGR) over the reviewed period suggests an average annual growth rate of about 0.99% from 2023 to 2028.

Future trends to watch for include technological advancements in iron production, market demand fluctuations, and potential geopolitical impacts on export dynamics. Additionally, climate policies and shifts toward sustainability may drive market changes and influence Finland's strategic decisions regarding iron exports.