Analysis of the fuel oil final consumption in commercial and public services in Finland reveals a fluctuating trend since 2013. The value stood at 442.53 Gigawatthours in 2023. Notably, there were significant year-on-year variations, such as a sharp drop of -8.93% in 2013, another decline of -8.15% in 2015, and an increase of 11.88% in 2016. More recently, the consumption varied with a -8.11% decrease in 2020, a 17.65% rise in 2021, and a minor decline of 2.43% in 2022. For 2023, the year-on-year variation was 1.03%, and the Compound Annual Growth Rate over the last five years was 1.28%.
Looking ahead, the forecast data from 2024 to 2028 suggest a steady increase, with a five-year CAGR projected at 0.73% and a five-year growth rate of 3.7%. Future trends to watch for include the impact of technology and energy policy changes on fuel oil consumption, as well as potential shifts towards more sustainable and renewable energy sources in Finland's commercial and public services sectors.
