The production of chemical wood pulp in Sweden experienced a substantial drop in 2014, following a peak in 2013. From 2014 onwards, the sector has seen relatively stable output with a gradual upward trend from 2017. In 2023, production stood at 9.58 million metric tons, showing notable improvement compared to the previous year. The year-on-year variation over the last two years averaged 3.13%, while the 5-year compound annual growth rate (CAGR) up to 2023 was 2.19%.
Looking ahead, the forecasted growth remains modest. Over the next five years, the forecasted CAGR is expected to be 0.61%, predicting a moderate increase to 9.95 million metric tons by 2028. The overall 5-year growth rate is predicted to be 3.07%, suggesting a stabilized yet mild upward trend in production.
Future trends to watch for include advancements in sustainable production methods, innovations in pulp processing technologies, and fluctuations in global demand for wood pulp products. Additionally, environmental regulations and market dynamics will significantly influence production levels.
