The production of non-ferrous metals in Finland has shown significant variability from 2013 to 2023, marked by sharp declines in some years and robust growth in others. Notably, the period from 2017 to 2018 experienced a significant rebound with respective year-on-year increases of 63.69% and 19.8%, followed by a more moderate growth pattern. As of 2023, production stood at 4.04 billion Euros.
Recent years depict a stabilizing growth trend. For instance, from 2021 to 2023, production increased by modest percentages, specifically 24.05% in 2021, 2.8% in 2022, and 2.67% in 2023. The five-year CAGR demonstrates a positive trajectory, with a forecasted average annual growth rate of 2% leading to a projected production of 4.59 billion Euros by 2028.
Future trends to watch for include technological advancements in production processes, fluctuations in global demand, and Finland's policy landscape regarding non-ferrous metals. These factors will play a crucial role in shaping the expected growth and stability of the industry over the coming years.
