From 2013 to 2023, the imports of kerosene-type jet fuel to Finland exhibited significant variation. The value rose substantially from a low in 2013 to a peak in 2015, before tapering off slightly in subsequent years. Notably, the period between 2017 and 2021 showed considerable fluctuations, with a sharp decline in 2021. However, 2022 marked a strong recovery, and by 2023, the import value stood at 10.15 Thousand Terajoules, showing a modest increase of 6.94% year-over-year.

Analyzing the last two years, 2022 saw a substantial recovery with a 160.88% increase, while 2023 experienced a further 6.94% growth. The five-year CAGR leading up to 2023 indicates an average annual increase of 7.53%, reflecting relatively steady growth despite short-term volatility.

Looking forward, the forecasted data from 2024 to 2028 suggests a moderate and steady increase. The five-year CAGR for the forecast period is projected at 1.18%, with an overall growth rate of 6.05% by 2028.

Future trends to watch for:

Potential impacts of global fuel price volatility, which could affect import volumes.
Advancements in alternative fuels and biofuels, which may reduce reliance on traditional kerosene-type jet fuel.
Regulatory changes in environmental policies that could influence the aviation fuel market.
Technological advancements in fuel efficiency and aircraft design possibly lowering fuel imports.