In 2023, Finland's copper secondary smelter production stood at approximately 4.71 thousand metric tons. The year-on-year variation showed a steady increase from 2022 by 2.71%, while over the last five years, the compound annual growth rate (CAGR) was 3.31%. Over the longer term, from 2013 to 2023, production initially saw significant growth and then plateaued, with brief dips and recoveries, notably a decline in 2020 due to market conditions.
Looking forward, production is forecasted to continue its upward trend, reaching 5.35 thousand metric tons by 2028. The anticipated average annual growth rate over the next five years is projected at 2.03%, resulting in an overall growth rate of 10.55%.
Future trends to watch for include potential impacts of technological advancements, market demand fluctuations, regulatory changes, and global copper price variations, all of which could influence production levels in Finland's copper secondary smelting industry.
