The turnover of the pulp, paper, and paperboard industry in Sweden has shown a steady increase from 11.61 billion Euros in 2013 to 12.99 billion Euros in 2023. This represents a compound annual growth rate (CAGR) of 1.38% over the last five years. The year-on-year variations have fluctuated, with notable increases in 2016 (3.52%) and 2017 (3.71%), while showing a slight decline in 2018 (-1.39%). Recent trends in 2022 and 2023 show moderate growth rates of 1.21% and 1.19% respectively.
Future trends to watch for:
- The forecasted growth until 2028 is expected to be moderate, with a five-year CAGR of 0.88%, reaching 13.73 billion Euros by 2028.
- Key factors influencing future growth include advancements in sustainable production, increased demand for recyclable materials, and potential economic fluctuations impacting the industry.
