Sawnwood production in Sweden stood at 19.129 million cubic meters in 2023. Over the past two years, it has shown a moderate upward trend, with a year-on-year increase of 0.84% in 2023, following a 0.89% decline in 2022. The five-year Compound Annual Growth Rate (CAGR) for the period ending in 2023 is 0.81%, reflecting stable growth.
The future outlook from 2024 to 2028 indicates a forecasted five-year CAGR of 0.62%, suggesting a continued, yet modest growth trajectory for sawnwood production. By 2028, production is expected to reach 19.893 million cubic meters, representing a cumulative growth rate of 3.15% over the forecast period.
Future trends to watch for include advancements in sustainable forestry practices, changing demand patterns in the construction and manufacturing sectors, and potential impacts of environmental regulations on production capacities.
