Over the period from 2013 to 2023, the number of employees in the sawmilling and planing of wood industry in Sweden showed fluctuations, ending at 13.98 thousand employees in 2023. Notable year-on-year changes occurred in 2016 with a significant decline of 16.35%, followed by a sharp increase of 24.79% in 2018. Over the last five years from 2018 to 2023, the compound annual growth rate (CAGR) stood at -0.85%, indicating a general downward trend despite some periods of growth.
Looking at forecast data from 2024 to 2028, the industry is expected to experience a slow decline with a forecasted five-year CAGR of -0.24% and an overall growth rate of -1.18%. The trend indicates a slight decrease in employment, reflecting possible industry challenges or increased automation and efficiency reducing the need for manual labor.
Future trends to watch for:
- Technological advancements and automation potentially reducing the need for workforce.
- Environmental regulations and sustainability practices influencing operational practices and employment.
- Market demand fluctuations for wood products impacting workforce requirements.
- Global economic conditions and trade policies affecting the export and import of wood products.
