Over the past decade, the Finnish travel agency activities sector experienced significant fluctuations. Turnover peaked in 2013 at 544 million Euros, followed by a steady decline until 2014, down by -21.12%. Despite minor recoveries in later years, the sector was heavily impacted in 2020, suffering a drastic -69.91% drop due to COVID-19. Recovery began slowly from 2021, reaching 443.7 million Euros by 2023. The last two years demonstrated positive growth, with year-on-year variations of 30.23% (2022) and 14.44% (2023). However, the forecast shows a diminishing trend, with a CAGR of -1.29%, leading to a predicted value of 409.4 million Euros by 2028.
Future trends to watch for:
