The chemicals manufacturing sector in Finland showed considerable growth from 2013 to 2023. Starting from €7.53 billion in 2013, the output saw fluctuations with slight declines in 2014 and 2016, but marked an impressive peak in 2021 with €11.66 billion. By 2023, the sector reached €12.31 billion, marking a 3.69% annual increase from the previous year. Overall, the sector has grown at an average annual rate (CAGR) of 7.34% over the past five years.

Future trends to watch for include:

Continued expansion with forecasted growth maintaining a steady rate, reaching €14.38 billion by 2028.
An expected average annual growth rate (CAGR) of 2.46% from 2024 to 2028.
Potential impacts of global energy prices, raw material costs, and technological advancements in chemical production.