Over the past decade, the turnover in Finland's electricity, gas, steam, and air conditioning supply sector showed fluctuations with an overall upward trend noticed in recent years. From 2013 to 2023, the sector began with turnover of €13.63 billion, experiencing several drops and gains, ultimately reaching €14.81 billion in 2023. Significant yearly variations were observed, including a notable peak in 2018 followed by a sharp drop in 2020. From 2021 to 2023, the sector demonstrated a more stable growth with turnover increasing steadily at rates of 6.23%, 2.67%, and 2.57%, respectively.
Looking forward, the forecast from 2024 to 2028 suggests continuous growth in this sector. The turnover is expected to increase from €15.18 billion in 2024 to €16.61 billion in 2028, reflecting a 5-year CAGR of 1.82% and an overall 5-year growth rate of 9.44%. This indicates a positive trend in the sector's economic health and potential for future investments. However, market players should watch for variations in demand, regulatory changes, and technological advancements that could impact this forecast.
