Forecast: Production of Electricity, Gas, Steam and Air Conditioning Supply in Finland

From 2013 to 2023, the production of electricity, gas, steam, and air conditioning supply in Finland showed an overall positive growth trend despite some fluctuations. The value stood at 10.22 Billion Euros in 2023. The year-on-year variation in 2022 was slightly negative at -0.19%, while in 2023, it improved to a positive 1.74%. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was 1.69%, indicating a steady growth rate over the last five years. Noteworthy is the significant increase in 2021 at 9.39%, signaling a strong rebound post-pandemic.

Looking ahead, forecasted data from 2024 to 2028 project a consistent upward trajectory in production value. The forecasted 5-year CAGR is 1.34%, with an overall growth rate of 6.89% over this period. Key future trends to watch include technological advancements in renewable energy, regulatory changes, and economic factors influencing energy demand and production cost efficiency.