The manufacture of computers and peripheral equipment sector in Finland showcased fluctuations in production value from 2013 to 2023. The production value peaked in 2014 at 63.6 million euros and 2019 at 63.7 million euros, with the lowest point being 54.4 million euros in 2018. As of 2023, the value stood at 57.3 million euros. The sector experienced significant year-on-year variations, with notable growth in 2014 (9.28%) and 2019 (17.1%) but faced declines in 2015 (-8.65%) and 2020 (-9.42%). The recent two years before 2023 showed stable numbers at -0.17% in 2022 and 0% in 2023.
The five-year compound annual growth rate (CAGR) analysis reveals an average yearly growth of 1.04% leading up to 2023, whereas the forecasted five-year CAGR from 2024 to 2028 is slightly negative at -0.03%, indicating a production value decrease by -0.17% over the forecasted period.
Future Trends to Watch For:
- Technological advancements and shifting demand for newer computer and peripheral technologies could impact future production values.
- Monitor global supply chain issues and local industry policies that may influence manufacturing capabilities and costs.
- Observe evolving consumer preferences and economic conditions which could alter the market dynamics and production requirements.
