Forecast: Production of Paper and Paper Products in Denmark

Denmark's production of paper and paper products has shown notable fluctuations over the decade leading up to 2023. After peaking in 2015, the production has generally seen a declining trend with a significant drop in 2020, followed by a moderate recovery. By 2023, the production stood at 8.89 billion Danish Krones, marking a -0.34% year-on-year variation.

Recent years reflect periods of volatility, with instances like the substantial decline in 2020 and a commendable recovery in 2021. Looking back over the last five years, the compound annual growth rate (CAGR) from 2019 to 2023 is negative, at approximately -0.41%, indicating a slight but steady downturn.

Looking forward, projected data from 2024 to 2028 suggest a continuing gradual decline in production. The five-year forecast indicates a CAGR of -0.28%, leading to an aggregate reduction of -1.4% by 2028.

Future trends to watch for include:

  • Shifts towards digital alternatives and their impact on paper demand.
  • Environmental regulations and sustainable practices influencing production methods.
  • Technological advancements enhancing efficiency in production processes.