In 2023, Finland's Pure Biodiesels Gross Inland Consumption stood at 334.02 Thousand Tonnes Of Oil Equivalent. Forecasted data shows a year-on-year increase of 2.7% in 2024, reaching 342.5. Projections for subsequent years indicate consistent growth: 351.6 in 2025, 360.66 in 2026, 369.66 in 2027, and 378.62 in 2028. The compound annual growth rate (CAGR) from 2023 to 2028 is approximately 2.5%, showing a steady upward trend in biodiesel consumption in Finland.
Future trends to watch for include:
- Government policy changes on renewable fuels
- Technological advances in biodiesel production
- Fluctuations in crude oil prices affecting biodiesel competitiveness
- Environmental regulations and sustainability goals