The exports of wood in Sweden have shown fluctuating trends over the years. From 2013 to 2023, the volume increased from 7.51 to 8.10 million metric tons representing various peaks and declines. Significant rise was noted in 2017 with 15.09%, whereas a drop occurred in 2018 by -16.32%. The most recent years, 2022 and 2023, have displayed minor decreases at -0.22% and -0.21% respectively, suggesting a stabilization around the 8 million metric tons mark. Over the last five years, the exports had an average annual growth rate (CAGR) of 0.51%.
Looking ahead, the forecasted data for 2024 through 2028 indicate a slight but continuous decline in the volume of wood exports, reaching 8.01 million metric tons by 2028. The average forecasted annual growth rate (CAGR) is expected to be -0.18% with an overall negative growth rate of -0.88% over the five-year period. This indicates a moderately declining trend in the Swedish wood exports market.
Future trends to watch for include:
- Potential impacts of environmental policies on wood production and exports.
- Global demand fluctuations for sustainable wood products.
- Technological advancements in wood processing and their influence on export volumes.
- Competition from other wood exporting countries.
