The forecast for the production value of road freight transport and removal services in Finland shows a relatively stable growth pattern over the analyzed period, with values in 2023 standing at 6.51 billion Euros. From 2013 to 2017, there was a general upward trend marked by consistent year-on-year increases, except for a slight dip in 2015. The period following 2017 experienced moderate growth, albeit with a notable decline in 2020 likely due to disruptions from the COVID-19 pandemic. Recovery began in 2021, continuing up to 2023.
The last two years (2022 and 2023) witnessed moderate year-on-year increases of 0.93% and 0.86% respectively, reflecting a steady but slow recovery phase. Over the last five years, the compound annual growth rate (CAGR) averages a modest 0.00092%.
Looking ahead, the forecast from 2024 to 2028 suggests a slight increase in the growth rate, with an expected CAGR of 0.54%, which projects a stable but marginally accelerating growth scenario.
Future trends to watch for include the impact of technological advancements in transport logistics, environmental regulations pushing for greener transportation solutions, and potential economic fluctuations that could influence the demand for freight and removal services.
