The turnover for Sawmilling and Planing of Wood in Sweden has seen fluctuations from 2013 to 2023, with a value standing at 6.25 billion Euros in 2023. Significant dips were evident in 2016 and 2020, while strong rebounds occurred in 2018 and 2022. The year-on-year variation for 2023 was 4.75%, indicating moderate growth. Over the last two years, the turnover displayed relative stability with a rise from 5.96 billion Euros in 2022. The Compound Annual Growth Rate (CAGR) over the last five years (2019 to 2023) shows a minor negative trend of -1.45%.
Looking ahead, the forecast indicates a steady increase in turnover up to 2028, with an expected value of 6.71 billion Euros and a forecasted five-year CAGR of 1.14%. This suggests a period of consistent growth, underpinned by a forecasted five-year growth rate of 5.84%.
Future trends to watch for include potential impacts from environmental regulations, market demand for sustainable wood products, advancements in sawmilling technology, and economic factors affecting both domestic and international markets.
