Based on the data, the forecasted biofuels consumption in Finland is as follows: 28.26 thousand barrels of oil equivalent per day in 2024, 31.37 in 2025, 34.47 in 2026, 37.55 in 2027, and 40.62 in 2028. These figures indicate an upward trend, with significant year-on-year growth. The year-on-year percentage variations are: 11.0% for 2025, 9.9% for 2026, 8.9% for 2027, and 8.2% for 2028. The compound annual growth rate (CAGR) from 2023 to 2028 is calculated at approximately 9.0%.
Future trends to watch for include the impact of government policies promoting renewable energy, technological advancements in biofuel production, and market dynamics such as the price of oil and other alternative energies. Monitoring these factors will be crucial for anticipating changes in consumption patterns.