The basic chemicals sector in Finland is forecasted to see a gradual increase in turnover from 2024 to 2028. In 2023, the turnover stood at 5.02 billion euros. The projected figures for 2024 suggest an increase to 5.11 billion euros, marking a year-on-year growth of 1.8%. This upward trend is expected to continue, with the sector experiencing a 2.7% rise in 2025 to 5.25 billion euros, a 2.9% increase in 2026 reaching 5.4 billion euros, a 2.6% growth in 2027 to 5.54 billion euros, and a further 2.5% growth in 2028, bringing the total to 5.68 billion euros. Over the last two years, the sector witnessed a steady annual growth rate, and the projected compound annual growth rate (CAGR) over the next five years from 2024 to 2028 is approximately 2.5%. This suggests a consistent and modest upward trajectory for the basic chemicals industry in Finland.
Future trends to watch for in the Finnish basic chemicals sector include shifts in global demand, raw material price volatility, environmental regulations, and the adoption of sustainable practices. Monitoring these trends will be critical for stakeholders to adapt and leverage growth opportunities.
