From 2012 to 2022, the Finnish plastics market experienced fluctuations, starting with a market size value of €1.1066 billion in 2012 and ending at €1.1609 billion in 2022. Notable declines occurred in 2013 and 2015, with year-on-year decreases of -14.17% and -6.52%, respectively. However, the market rebounded in several years, particularly in 2017 with a 16.13% increase and in 2019 with a 9.31% increase. The most recent data from 2022 shows a year-on-year rise of 6.07%. Over the last five years, the Compound Annual Growth Rate (CAGR) was 2%, reflecting modest growth.
Future trends to watch for:
- Increasing demand for sustainable and recyclable plastics.
- Technological innovations that enhance efficiency and reduce production costs.
- Regulatory changes aimed at reducing plastic waste and promoting eco-friendly materials.
- Potential shifts in global supply chains affecting availability and pricing.
- Growing emphasis on circular economy principles driving market strategies.
How does Finland rank in Plastics Market Size Value?
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25,852,000,000 | 2023 | +1.02% | +0.1% | View data |
| 2 | 2 Italy | 17,442,000,000 | 2023 | +0.79% | -0.77% | View data |
| 3 | 3 France | 10,700,000,000 | 2023 | +0.31% | +0.27% | View data |
| 4 | 4 Poland | 9,568,200,000 | 2023 | +4.44% | +2.28% | View data |
| 5 | 5 United Kingdom | 7,277,300,000 | 2023 | +0.99% | +1.58% | View data |
| 10 | 10 Austria | 1,470,200,000 | 2023 | +2.1% | +0.63% | View data |
| 11 | 11 Denmark | 1,336,000,000 | 2023 | +2.12% | -2.25% | View data |
| 12 | 12 Finland | 1,155,000,000 | 2023 | +0.95% | +0.71% | |
| 13 | 13 Bulgaria | 1,051,800,000 | 2023 | +3.27% | +3.3% | View data |
| 14 | 14 Ireland | 766,500,000 | 2023 | +1.74% | +2.89% | View data |
