In 2023, the sold production of unwrought aluminium in Finland stood at 25 million kilograms. Forecasted data indicates a steady decline over the next five years. By 2024, production is expected to drop to 22.67 million kilograms, marking a decrease of 9.32% from 2023. This downward trend continues, with 2025 seeing a further 8.56% reduction to 20.725 million kilograms. In 2026, production declines by 9.68% to 18.799 million kilograms, followed by an 8.96% drop in 2027 to 16.893 million kilograms. Finally, in 2028, production is anticipated to decrease by 11.17% to 15.006 million kilograms. The Compound Annual Growth Rate (CAGR) over this five-year period is -9.64%, indicating a consistent average annual decline.
Future trends to watch include advances in recycling technologies, fluctuating global aluminium prices, and policy changes aimed at reducing carbon emissions, which could impact both production costs and output volumes in the unwrought aluminium sector.
