Bioenergy production in Finland has shown a fluctuating trend from 2013 to 2023, with values rising from 366.67 thousand terajoules in 2013 to 430.68 thousand terajoules in 2023. Over the last two years, bioenergy production has seen a YoY change of 2.27% decrease in 2022 followed by a 1.75% increase in 2023. The 5-year CAGR from 2018 to 2023 stands at 1.53%, reflecting a modest average annual growth rate.
Looking ahead, the forecast up to 2028 indicates a continual rise in bioenergy production, with a 5-year CAGR of 1.27%. The projected increase from 2024 to 2028 shows a growth rate of 6.54%, projecting a steady upward trend in bioenergy output in Finland.
Future trends to watch for include the adoption of advanced bioenergy technologies, policy impacts on renewable energy, and international collaboration on bioenergy projects. Monitoring these factors can provide insights into any significant shifts in the production trajectory.
