Forecast: Concrete, Cement and Plaster Articles Production Value in Finland

The production value of concrete, cement, and plaster articles in Finland has shown significant fluctuations from 2013 to 2023, starting at 1.4 billion euros in 2013 and incrementally growing to 1.81 billion euros in 2023. This represents a CAGR (Compound Annual Growth Rate) of 1.57% over the last five years. Notably, the biggest year-on-year change was in 2017, with a substantial 32.84% increase, followed by intermittent declines and smaller growths. The last two years saw small but consistent growth of around 1.51% year-on-year.

Future trends to watch for:

  • The forecast indicates a steady increase, with a 5-year CAGR of 1.11% leading to a production value of 1.94 billion euros in 2028.
  • Market stabilization and slight growth, suggesting mature market dynamics reflected in the moderate forecasted annual growth rates.
  • Potential external economic factors and construction sector demands could influence these forecasts, requiring continuous monitoring.

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