From 2013 to 2023, the paper and paperboard turnover in Finland experienced significant fluctuations. The turnover was 16.7 billion euros in 2023. Key historical points include a sharp decline of nearly 50% in 2017, followed by a notable recovery in 2018. 2020 marked a downturn of over 17%, while 2021 saw a robust recovery of 22%. The subsequent years showed minor variations, leading to a relatively stable turnover by 2023.
Looking forward, the forecast from 2024 to 2028 indicates a steady growth trend with a compound annual growth rate (CAGR) of nearly 1%. This period expects a moderate but consistent increase in turnover, reaching 17.76 billion euros by 2028.
Future trends to watch for include potential impacts of digital transformation, shifts in consumer preferences towards sustainable alternatives, and global economic conditions affecting demand and supply chains.
