The paper and paperboard production in Finland has experienced a general downward trend from 2013 to 2023, with significant fluctuations. The production stood at 7.17 million metric tons in 2023, reflecting a 0.5% decrease from 2022. Over the last five years, the compound annual growth rate (CAGR) was -7.41%. The steepest decline occurred in 2020 with a 15.74% drop. While there was a minor rebound in 2021, the subsequent years continued to see a decline.
Future forecasts suggest a continued reduction in production, with a projected CAGR of -1.96% over the next five years, leading to an estimated 6.3 million metric tons by 2028. This aligns with an overall forecasted decrease of 9.42% over the same period.
Future trends to watch for:
- Technological advancements in paper production and their impact on efficiency.
- Shifts in global demand for paper products due to digitalization.
- Environmental regulations affecting paper production sustainability.
