Forecast: Sold Production of Construction Sands in Finland

In 2023, the sold production of construction sands in Finland was valued at 1.8394 million euros. The year-on-year growth over the last two years shows an increase, with 7.15% growth in 2022 and 6.42% in 2023. The compound annual growth rate (CAGR) over the last five years stands at a modest 0.09%, indicating stability after significant fluctuations in prior years. The data shows notable volatility from 2013 to 2021, with substantial gains in 2016 followed by declines, reflecting a highly variable market.

Future trends to watch for:

  • Expected steady growth with a forecasted 5-year CAGR of 4.06% through 2028.
  • Total growth rate of 22% from 2024 to 2028, indicating a strong recovery and potential market stabilization.
  • Market conditions, including environmental regulations and construction industry demands, will heavily influence future trends.

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