The recycled wooden packaging waste in Finland has seen significant fluctuations between 2013 and 2023. Initial years showed steady volumes, peaking in 2017 at 32.66 Thousand Metric Tons. Post-2017, there's been a drastic decline, particularly marked in 2018 dropping to 16.1 Thousand Metric Tons. The trend continues downward, with slight recovery in 2022 but still showing an overall negative trend.
In 2023, the volume stood at 13.76 Thousand Metric Tons, reflecting a 7.65% decrease from the previous year. Over the last five years (2018-2023), the average annual decline (CAGR) has been -3.1%.
Looking ahead, the forecast from 2024 to 2028 indicates a continued downward trend. By 2028, the volume is projected to decrease to 6.64 Thousand Metric Tons, with a forecasted five-year CAGR of -11.6%, resulting in an overall reduction of 46.02% over this period.
Future trends to watch for include potential impacts of increased environmental regulations, technological advances in recycling processes, and shifts in packaging materials usage which may alter the demand and recycling rates of wooden packaging waste.
