The Electronic and Electric Wires Market in Finland has demonstrated significant variability over the past decade. From a peak value of 665.68 million euros in 2013, the market saw a notable decline to 531.97 million euros by 2022. The largest year-on-year decrease occurred in 2014 (-13.05%), followed by another significant drop in 2017 (-9.02%). Conversely, some recovery years like 2015 (9.45%) and 2019 (5.67%) showed positive growth. The five-year compound annual growth rate (CAGR) up to 2022 was virtually flat at -0.048%, indicating overall stagnation in market value.
Future trends to watch for:
- Technological advancements leading to demand for higher-quality electric wires.
- Growing investment in renewable energy infrastructure in Finland.
- Potential impacts of global supply chain disruptions on market dynamics.
- Regulatory changes impacting the production and usage of electronic and electric wires.
How does Finland rank in Electronic and Electric Wires Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 4,748,500,000 | 2023 | +0.79% | -0.017% | View data |
| 2 | 2 France | 3,493,800,000 | 2023 | -1.06% | -2.07% | View data |
| 3 | 3 United Kingdom | 2,462,200,000 | 2023 | -2.07% | -2.79% | View data |
| 4 | 4 Poland | 1,309,000,000 | 2023 | +1.52% | +1.73% | View data |
| 5 | 5 Finland | 544,110,000 | 2023 | -0.44% | +1.63% | |
| 6 | 6 Belgium | 369,020,000 | 2023 | -7.02% | -7.04% | View data |
| 7 | 7 Slovakia | 317,710,000 | 2023 | -2.64% | -2.58% | View data |
