The paper and paperboard production value in Finland stood at 11.81 Billion Euros in 2023. Over the past decade, the market has experienced fluctuation, with significant dips in 2017 and 2020, but generally rebounding in subsequent years. The year-on-year variation in 2023 was a modest 0.40%, similar to the previous year's 0.41%, indicating a stabilization in this sector. The compound annual growth rate (CAGR) over the past five years has been slightly negative at -0.96%, reflecting a period of slow recovery.
Looking forward to 2028, the projected production value shows a steady but modest increase, reaching 12.06 Billion Euros. The forecasted five-year CAGR is 0.33%, while the cumulative five-year growth rate is expected to be 1.66%, suggesting a stable yet slow growth trend. Key future trends to watch for include advancements in sustainable paper production technologies, shifts in global demand, and changes in regulatory policies affecting the paper and paperboard industry.
