The production volumes of computer, electronic, and optical products in Finland have seen a notable downward trend from 2013 to 2023, decreasing from €11.7 billion to €7 billion. The data reveals considerable year-on-year fluctuations, including a significant decline in 2020 of nearly 21%, followed by a partial recovery in 2021 with a 16.92% increase. However, the overall trend remains negative, with a -5.17% year-on-year decrease in 2023. The last five years also demonstrate a continuous average decline at a CAGR of -4.8%, reaching €7 billion by 2023.
The future forecasts depict a further decline in production volumes, with an anticipated average annual decrease at a -5.32% CAGR from 2024 to 2028. By 2028, the production volume is forecasted to fall to €5.02 billion, equating to a significant reduction of 23.91% over five years.
Future trends to watch for include technological advancements and shifts in global demand that might impact production volumes. Additionally, potential policy changes and economic factors in Finland and globally could either mitigate or exacerbate these declining trends further.
