The sold production of unwrought unalloyed refined copper in Finland exhibited notable fluctuations from 2013 to 2023. Starting from 138.17 million kilograms in 2013, the production reached 178.74 million kilograms in 2023, marking a marginal year-on-year increase of 0.85%. Over the last decade, significant variations include notable growths in 2014 (19.48%) and 2018 (9.44%), contrasted by declines such as 17.23% in 2019.
In the short term, the last two years saw a decrease of 5.47% in 2022 followed by a modest growth of 0.85% in 2023. The compound annual growth rate (CAGR) between 2018 to 2023 stood at -0.84%, reflecting a slight downward trend. However, projections from 2024 to 2028 indicate a moderate recovery with a forecasted CAGR of 0.64%, resulting in overall growth by 3.22% at the end of the period.
Future trends to watch for include potential supply chain disruptions or enhancements, fluctuations in global copper prices, and technological advancements in refining processes which could impact the production efficiency and output levels.
