The forecasted values for the sold production of aluminium bars, rods, and profiles in Finland are as follows (in Million Euros): 2024: 143.49, 2025: 140.86, 2026: 138.26, 2027: 135.68, 2028: 133.13. The year-on-year variations indicate a consistent decline. The changes are:
- 2025 vs 2024: -1.83%
- 2026 vs 2025: -1.85%
- 2027 vs 2026: -1.87%
- 2028 vs 2027: -1.88%
The compound annual growth rate (CAGR) over the forecast period from 2024 to 2028 is approximately -1.86%, demonstrating a steady decline in production.
Looking forward, key trends to monitor include potential impacts of energy prices on aluminium production costs, sustainability initiatives driving material innovation, and the influence of global market demand on local production volumes. Integrating advancements in production technology could also play a significant role in shaping future outputs.