Based on the provided forecast data, Finland's plastics turnover is anticipated to decline steadily from 2024 through 2028. Starting at 555.8 million Euros in 2024, the value is expected to fall to 523.3 million Euros in 2025, 491.0 million Euros in 2026, 459.1 million Euros in 2027, and finally reach 427.5 million Euros by 2028. The year-on-year variations highlight a decreasing trend marked by the following percentage declines: 5.9% from 2024 to 2025, 6.2% from 2025 to 2026, 6.5% from 2026 to 2027, and 6.9% from 2027 to 2028.
From an average annual perspective, the compounded annual growth rate (CAGR) over these five years indicates a consistent negative growth, leading to an average annual decrease of approximately 6.4%.
For reference, the plastics turnover stood at a higher value in 2023, the last actual year before these forecasts, further accentuating the trend of decline.
Future trends to watch for include potential regulatory changes in environmental policies that could impact the plastics industry, advancements in recycling technologies, and the market's adaptability to alternative materials. Monitoring global economic conditions will also be crucial, as they can influence demand and market dynamics in the plastics sector.
