The production of leather products in Finland has shown fluctuations over the past decade. Starting in 2013 at 214 million euros, it saw a downward trend with minor recoveries until 2018. A significant drop occurred in 2020, reaching 176.79 million euros due to the pandemic but rebounded to 214 million euros in 2021. The minor increase to 215 million euros in 2023 marked a stabilization phase. The projected CAGR of 0.16% from 2024 to 2028 suggests modest growth in the near future, with the forecasted value reaching 217.09 million euros in 2028.
Future trends to watch for:
- Technological innovations in leather production
- Adaptations to sustainable and eco-friendly practices
- Influence of global economic conditions on exports
- Changing consumer preferences towards synthetic alternatives