Forecast: Primary Solid Biofuels Final Consumption in Agriculture and Forestry in Finland

From 2013 to 2016, the consumption of primary solid biofuels in Finland's agriculture and forestry sector displayed fluctuations, peaking in 2013 at 183.17 thousand tonnes of oil equivalent. Following a decrease, it peaked again in 2016. Post-2016, the trend mostly showed a gradual decline until 2020, which saw the lowest consumption over the actual period. A rebound in 2021 was followed by a slight decline and stabilization towards 2023, standing at 160.05 thousand tonnes of oil equivalent.

Year-on-year variations indicated considerable volatility, with notable shifts such as an 11.51% increase in 2016 and a significant decrease of 10.19% in 2020. The five-year CAGR pointed to an average annual decrease of -0.16% for the period ending in 2023.

The forecast for 2024-2028 suggests stability with no anticipated annual growth, maintaining consumption at 160.05 thousand tonnes of oil equivalent consistently.

Future trends to watch for include potential policy changes in renewable energy, advancements in biofuel technology, and shifts in agricultural and forestry practices that may impact biofuel consumption levels.