The sold production value of fabricated metal products repair in Finland has exhibited significant fluctuations over the past decade. Starting from a decline in 2013 and 2014, the industry experienced a surge in 2015 and continued growing until 2018. There was a notable dip in 2019, followed by slight recovery and relative stabilization in 2020. Growth picked up sharply in 2021, although it was followed by a small decrease in 2022. The value in 2023 stood at €158.73 million, with a year-on-year increase of 3.47%. The 5-year compound annual growth rate (CAGR) leading up to 2023 was 0.6%, indicating a modest growth trend.

Future trends to watch for:

Continued moderate growth forecasted at a 5-year CAGR of 2.39% from 2024 to 2028, reaching a projected €184.6 million in 2028.
Potential shifts in market dynamics due to technological advancements and increased automation in the industry.
Impact of global economic conditions and raw material prices on production costs and profitability.