The sold production of ethylene polymers in Finland showed significant fluctuations over the past decade. From a high of 187.44 million kg in 2013, the value dropped to a low of 113.29 million kg in 2015, before recovering progressively to 182.07 million kg in 2023. The year-on-year variation saw sharp shifts, such as the -35.78% drop in 2015 and a strong recovery phase from 2020 to 2021 with an increase of 9.39%. The most recent years (2022 to 2023) showed more stabilization with only minor changes of -1.51% and +1.27%. The CAGR from 2018 to 2023 stands at 3.08%.
Looking ahead, forecasted data suggest a steady growth trend, reaching 193.15 million kg by 2028. This represents a forecasted 5-year CAGR of 0.94% and a total growth of 4.78% over this period.
Future trends to watch for:
- Potential impacts of technological advancements and sustainable practices in production.
- Market demand fluctuations influenced by broader economic conditions and regulatory changes.
- Competitive dynamics within the global market for ethylene polymers and their derivatives.