In 2023, the value added of refined petroleum products and coke in Finland stood at an actual figure of 835.0 million Euros. Based on the forecasted data for 2024 to 2028, there is a consistent growth expected in this sector. The year-on-year variations are as follows:
- 2024 to 2025: 2.7% increase
- 2025 to 2026: 2.6% increase
- 2026 to 2027: 2.4% increase
- 2027 to 2028: 2.5% increase
The CAGR (Compound Annual Growth Rate) over the forecasted period from 2024 to 2028 is expected to be approximately 2.55%. This suggests a steady and moderate increase in the value added of refined petroleum products and coke in Finland.
Future trends to watch for include potential shifts in global energy policies, advancements in alternative energy sources, and fluctuations in crude oil prices which could impact the growth trajectory of the sector. Additionally, domestic regulatory changes and technological advancements in refining processes may influence future performance.
