From 2013 to 2023, the production of unwrought aluminum in Finland has shown a general upward trend, with certain fluctuations. In 2023, the production stood at 32.513 million kilograms, following a near-consistent increase over the past decade. Notably, the year-on-year growth rate varied significantly, with a decline in 2015 and 2019, but substantial increases in years like 2017 and 2021. The compound annual growth rate (CAGR) averaged at 4.81% over the last five years leading to 2023.
Looking forward, the forecasted data predicts continuous growth, with an expected increase to 41.292 million kilograms by 2028, indicating a five-year CAGR of 3.78%. This future projection represents an overall growth rate of 20.37% from 2024 to 2028.
Future trends to watch for include potential impacts of global economic conditions, technological advancements in aluminum production, and changes in governmental policies on industrial productivity and environmental regulations. These factors could significantly influence the trajectory of unwrought aluminum production in Finland.
