The production in the wholesale of household goods sector in Finland has seen a general decline over the past decade from 2013 to 2023, with values decreasing from 2.76 billion Euros to 2.54 billion Euros in 2023. The percentage variation year-on-year from 2013 to 2023 has shown fluctuations, with significant drops in 2019 at -6.46% and periodic increases such as in 2020 at 5.52%. Over the last two years, the sector has continued its decline with a decrease of -0.86% in each year. The combined average annual growth rate over the last five years stands at -1.17%.
Looking ahead, the forecasted data from 2024 to 2028 suggests a continued downward trend. The sector is expected to decrease to 2.44 billion Euros by 2028, with a forecasted average annual growth rate of -0.7% and a total forecasted decline of -3.44% over this period.
Future trends to watch for include:
- Structural changes in consumer behavior and preferences post-pandemic.
- Technological advancements influencing production efficiency.
- Economic factors and policy changes affecting the broader wholesale sector.
- Potential impacts of supply chain disruptions and global trade dynamics.
