In 2023, Finland's wood fuel production stood at 9.6 million cubic meters. Forecast data from 2024 to 2028 shows a consistent growth in production, starting at 9.8219 million cubic meters in 2024 and reaching 10.714 million cubic meters by 2028.
Year-on-year percentage variations indicate a stable increase, with a 2.4% rise from 2024 to 2025, 2.3% from 2025 to 2026, and 2.1% from 2026 to 2027. The trend continues with a 2.0% increase from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 stands at approximately 2.3%.
Future trends to watch for include potential shifts due to government policies on renewable energy, changes in technological advancements in wood fuel production, and international market demand fluctuations. Monitoring these factors can provide deeper insights into the industry's trajectory.
