The production of pure biodiesels in Finland stood at 3.95 thousand GWh in 2023. From 2024 to 2028, the forecasted year-on-year variation shows a consistent growth trend: 2.70% in 2024, 2.70% in 2025, 2.87% in 2026, 2.56% in 2027, and 2.49% in 2028. This results in a compound annual growth rate (CAGR) of approximately 2.66% over the forecast period.

Future trends to watch for:

Technological advancements in biodiesel production that may boost efficiency and yield.
Regulatory changes that could either spur or hinder biodiesel investments and production capacities.
Fluctuations in the global oil market that might impact feedstock prices and overall production costs.
Increasing focus on sustainability and environmental policies at both national and EU levels, potentially increasing demand for renewable energy sources.