Within the 2018-2023 timeframe, accordingly, our forecast models predict growth from 2.96% p.a. in a low scenario to 3.03% p.a. in a high scenario. This should see the industry in Finland achieve revenues of between $416m to $417m by 2023.
The commercial industrial gas market generated revenues of approximately $359m in 2018. This is up from $245m in 2008, indicating an average annual growth rate of 4.0% p.a.
Between 2008 and 2018 GDP grew by an average of 2.1% p.a. for the decade. Finland enjoys a highly-successful free market economy and has in recent times benefited from a competitive manufacturing industry, including its electronics, metals and engineering sectors. The country’s exports are important to its economy, accounting for around a third of its GDP.
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