The turnover of travel agencies in Finland showed dynamic variations from 2013 to 2023. It decreased significantly in 2020 due to the COVID-19 pandemic but exhibited strong recovery in the following years. By 2023, it stood at 443.7 million Euros, marking a 14.47% increase from the previous year. Over the last five years, the average annual variation was -1.11%, indicating a slight overall decline.
Looking forward, the forecasted turnover from 2024 to 2028 displays a decreasing trend, with a predicted 5-year CAGR of -1.29% and an overall decline of 6.3% by 2028. Future trends to watch for include the impacts of potential new health crises, changes in consumer travel behavior, advancements in digital travel services, and shifts in global economic conditions.
