Forecast: Exports of Oil Products from Finland to All Countries

The exports of oil products from Finland have shown fluctuations from 2013 to 2023, with an increase from 9.05 million metric tons in 2013 to 9.9 million metric tons in 2023. This represents a year-on-year increase of 2.1% in 2023 and a five-year CAGR of 2.37%. Between 2013 and 2023, notable variations include a substantial drop in 2015 by 19.47%, followed by a significant recovery in 2016 with a rise of 32.39%. The most recent years displayed a steadier trend, with modest annual changes.

The forecasted data from 2024 to 2028 indicates continuous growth in exports, reaching 10.89 million metric tons by 2028. The forecasted five-year CAGR is expected to be 1.51%, with a total growth rate of 7.79% over these years.

Future trends to watch for:

• Geopolitical influences affecting global oil markets.
• Technological advancements impacting production efficiency.
• Potential shifts toward renewable energy sources affecting oil demand.
• Changes in global trade policies and tariffs.
• Environmental regulations impacting production and export capabilities.