The import of Hydrogen, Rare Gases, and Non-Metals to Finland has shown considerable variability from 2013 to 2023. The period began with a noticeable increase until 2014, followed by a significant drop in 2015. After 2015, there has been a consistent downward trend, with minor fluctuations. By 2023, the value stood at approximately 8.09 Million US Dollars. The year-on-year variation over the past two years indicates a negative growth of -7.2% in 2023 and -1.94% in 2022. The Compound Annual Growth Rate (CAGR) over the last five years was -7.07%. Forecasts suggest a continuous decline with a projected CAGR of -8.27% for the next five years, leading to an expected reduction of -35.04% by 2028.
Future trends to watch for include advancements in alternative energy sources which may affect the demand for hydrogen and rare gases, along with geopolitical factors influencing trade policies. Moreover, technological innovations in material sciences could impact the import volumes and values of non-metals. Monitoring these aspects will be critical for predicting market behavior and adjustment strategies.
