In 2023, the sold production of air conditioning machines with refrigeration units in Finland stood at 8.83 thousand items. Over the past two years, the market experienced a decline, with a year-on-year decrease of 5.1% in 2023 following an 11.09% drop in 2022. The last five years show an average annual growth rate of 10.97%, indicating some recovery after significant fluctuations in earlier years.
Forecasts predict a continuous decline in production, with values expected to reach 6.53 thousand items by 2028. This translates to a negative CAGR of 4.82% over the next five years, representing a total decrease of 21.89% during this period.
Future trends to watch for include technological advancements, shifts in consumer demand, regulatory policies, and potential impacts of climate change which might influence the need for air conditioning. Monitoring these factors can provide insights into potential market shifts and emerging opportunities.
