The value added of non-metallic mineral products in Finland stood at 1.11 billion euros in 2023. Over the past decade, the sector experienced varied growth rates, showing a declining trend from 2013 to 2015, a recovery from 2016 to 2018, and fluctuations thereafter. The most recent years saw a notable decline in 2021 followed by a moderate recovery in 2022 and stabilization in 2023.
Year-on-year variations for the past two years were a positive 7.76% in 2022 and a marginal 0.18% in 2023. The last five years experienced an average annual decline (CAGR) of 1.16%. Looking ahead, the forecasted value for 2028 is 1.13 billion euros, indicating a forecasted annual growth rate of 0.16% over the next five years, with an overall growth rate of 0.81%.
Future trends to watch for include advancements in sustainable production technologies, regulatory changes impacting the sector, and shifts in global supply chains that could influence demand for Finnish non-metallic mineral products.
