The mechanical and semi-chemical wood pulp production in Finland stood at 2.67 million metric tons in 2023. The value has been declining over recent years, with a year-on-year decrease of 5.95% in 2023. The compound annual growth rate (CAGR) over the past five years indicates a decrease of 5.32%. Since 2013, the production has shown a volatile trend, peaking in 2018 at 3.51 million metric tons and then steadily declining each year. The forecast suggests this decreasing trend will continue, with an expected annual decline of 2.84% from 2024 to 2028, leading to a total decrease of 13.4% by 2028.
Future trends to watch for:
- Technological advancements impacting the efficiency of wood pulp production.
- Changes in global demand for wood pulp and related products.
- Environmental regulations and sustainability initiatives affecting production processes and costs.
- Economic factors influencing raw material availability and production economics.