The turnover of warehousing and storage in Finland experienced a notable decline from 2014 to 2023, with a series of fluctuations within this period. From a high of 1.09 billion Euros in 2014, the turnover decreased by 42.09% in 2015 and continued to fall until 2017. The decline slowed from 2018 onwards, with occasional minor increases such as in 2020, demonstrating a 3.72% spike. The turnover stood at 0.4507 billion Euros in 2023, marking a 1.34% decrease from the previous year. The 5-year CAGR up to 2023 was a minor -0.41%, showing slight stability despite overall downward trends.
Forecast data from 2024 suggest a continued gradual decline, with the turnover expected to reach 0.4274 billion Euros by 2028. The projected 5-year CAGR is -0.81%, indicative of a steady but gentle downward trend.
Future trends to watch for include technological advancements in warehousing automation, changes in consumer behavior towards e-commerce, and potential impacts from global economic conditions or policy changes that could influence the logistics and storage sector.
