Forecast: Natural Gas Direct Material Inputs in Finland

From 2013 to 2023, Natural Gas Direct Material Inputs in Finland decreased from 2.75 million metric tons to 1.82 million metric tons, marking a clear downward trend. The most significant year-on-year decrease occurred between 2014 and 2015, with values dropping by approximately 11%. Over the last decade, the compound annual growth rate (CAGR) was roughly -5.3%, showing consistent contraction.

In the short term (2022-2023), the decrease continued, with natural gas inputs declining by 3.34%. Over the last two years (2021-2023), the inputs experienced minor fluctuations but remained on a downward trajectory. The five-year CAGR preceding 2023 stood at -2.31%, indicating the average annual rate of decline during this period.

Looking ahead to 2028, the forecast suggests a continued decline in inputs, with a projected five-year CAGR of -2.93% and an estimated total reduction of 13.8% from 2023 levels. These trends underscore ongoing reductions in the use of natural gas, possibly due to policy shifts or increased adoption of alternative energy sources.

Future trends to watch for include potential impacts of energy policy changes, the adoption of renewable energy technologies, and shifts in global gas markets which could either exacerbate or mitigate the observed decline in natural gas material inputs.