The sold production of ammonium sulphate in Finland demonstrated significant fluctuations from 2013 to 2023. Starting at 1.43 million euros in 2013, the value decreased until 2014, followed by a notable increase from 2015 to 2017, driven primarily by a surge of 135.13% in 2017. The upward trend persisted, peaking at 5.60 million euros in 2021. However, 2022 saw a decline of 11.18%, although 2023 rebounded slightly to stand at 5.25 million euros with a year-on-year increase of 5.41%. The compound annual growth rate (CAGR) from 2019 to 2023 stood at 2%, reflecting moderate growth.
Looking forward, the forecasted data from 2024 to 2028 suggest a stable growth trajectory. Starting at 5.31 million euros in 2024, the value steadily rises to 5.56 million euros by 2028. The forecasted five-year CAGR is modest at 0.92%, indicating a period of consolidation with a cumulative growth rate of 4.68% over the next five years.
Future trends to watch for include potential market influences such as changes in agricultural demand, environmental regulations affecting fertilizer usage, and fluctuations in raw material prices, which could all impact the production and sale rates of ammonium sulphate in Finland.
