Over the past decade, the domestic processed output of compost in Finland has shown notable growth with fluctuations. From 2013 to 2023, the output increased from 181.0 to 240.0 thousand metric tons. Particularly from 2017 onwards, there has been consistent year-on-year growth, peaking at 2.52% in 2023. The last 5 years exhibit a compound annual growth rate (CAGR) of 3.71%, reflecting steady progress.
Future trends to watch for:
- Projected growth from 2024 to 2028 indicates a deceleration with a forecast 5-year CAGR of 1.83%, suggesting maturation of the compost industry.
- Environmental policies and technological advancements are expected to play a crucial role in driving future increases in compost output.
- Focus on sustainability and circular economy principles may also contribute to the industry's development.