From 2013, Finland's semiconductor sold production experienced significant fluctuations. After an initial value of zero, there was a tremendous increase, peaking in 2018. Following a drop in 2019, the production stabilized, showing modest year-on-year increases up to 2023, which stood at 3,079,600 Euros. The average annual variation over the past five years displayed a CAGR of 2.22%, indicating a steady climb in semiconductor production.
Key variations observed:
- 2015: Year-on-year (YoY) growth of 234.44%.
- 2016: YoY decrease of 3.24%.
- 2017: YoY growth of 502.01%.
- 2018: YoY growth of 316.45%.
- 2019: YoY decrease of 58.5%.
- 2020: YoY growth of 3.72%.
- 2021: YoY growth of 43.79%.
- 2022: YoY growth of 3.19%.
- 2023: YoY growth of 3.19%, with a five-year CAGR of 2.22%.
Future trends to observe include the global demand shifts driven by technological advancements and potential supply chain disruptions. Watching the semiconductor industry's R&D, regulatory changes, and geopolitical factors will provide insights into how this market evolves.
