From 2013 to 2023, the glass and glass products industry in Finland saw significant fluctuations, with turnover values peaking in 2015 at €756.6 million and reaching a low of €380.4 million in 2023. The largest annual growth occurred in 2018 with a 69.25% increase, while the largest decline was seen in 2017 with a 34.89% drop. Recent years have shown a steady decline, with a -7.11% year-on-year variation in 2023.
Forecasts from 2024 to 2028 predict a continuous decline, with an average annual decrease of -7.43% and an expected 32.02% reduction in turnover over the five-year period.
Key future trends to watch for include:
- Technological advancements in glass manufacturing that could drive efficiency.
- Potential market diversification or shifts due to changing consumer demands and sustainability initiatives.
- Impact of global economic conditions and trade policies on export and import dynamics.