The forecasted data for Non-Coniferous Wood Fuel production in Finland from 2024 to 2028 are as follows:
- 2024: 4.9807 Million Cubic Meters
- 2025: 5.087 Million Cubic Meters
- 2026: 5.1923 Million Cubic Meters
- 2027: 5.2965 Million Cubic Meters
- 2028: 5.3997 Million Cubic Meters
The year-on-year percentage variations are:
- 2025: (5.087 / 4.9807 - 1) * 100 ≈ 2.14%
- 2026: (5.1923 / 5.087 - 1) * 100 ≈ 2.07%
- 2027: (5.2965 / 5.1923 - 1) * 100 ≈ 2.01%
- 2028: (5.3997 / 5.2965 - 1) * 100 ≈ 1.95%
The Compound Annual Growth Rate (CAGR) for the period 2024-2028 is calculated as:
CAGR = ((5.3997 / 4.9807)^(1/4) - 1) * 100 ≈ 2.03%
Future trends to watch for include potential policy changes promoting renewable energy, advancements in wood fuel technology, and fluctuations in global energy markets which could impact production and consumption dynamics for non-coniferous wood fuel in Finland.