The production of Unwrought Refined Copper and Copper Alloys in Finland has demonstrated considerable fluctuations over the past decade. From 2013 to 2023, the production saw notable variations, with a significant dip in 2019 (a -13.84% change), followed by a steady upward trend from 2020 to 2023, culminating in a production volume of 205.62 million kilograms in 2023. Over the last two years, production increased 3.86% in 2022 and 3.88% in 2023, translating to a compound annual growth rate (CAGR) of 2.33% during this period.
Looking forward, forecasts predict a continued positive trend, with estimates indicating production volumes reaching 242.9 million kilograms by 2028. The anticipated CAGR for the next five years (2024-2028) is approximately 2.64%, with an expected overall growth rate of 13.92% for this period.
- Notable trends over the last decade show fluctuating growth with a notable dip in 2019.
- Recent years (2021-2023) indicate a robust upward trend in production.
- Forecasts predict continuous growth through 2028, with a stable CAGR and positive growth rate.
Future trends to monitor include potential impacts of technological advancements, supply chain adjustments, and global demand fluctuations on the production of Unwrought Refined Copper and Copper Alloys in Finland.
