Forecast: Paper and Paperboard Production in Sweden

The paper and paperboard production in Sweden stood at 8.30 million metric tons in 2023, showing a persistent downward trend over the past decade. Year-on-year variations highlight this steady decline: -2.72% from 2022 to 2023 and -4.4% from 2021 to 2022. The compound annual growth rate (CAGR) for the last five years was -3.93%, reflecting the ongoing reduction in production volumes. Forecasts predict a further decrease to 6.97 million metric tons by 2028, with a forecasted five-year CAGR of -2.78%, translating to a cumulative decline of 13.14% over this period.

Future trends to watch for include shifts in demand for sustainable packaging alternatives, technological advancements in production efficiency, and regulatory changes impacting raw material sourcing. Additionally, increasing digitalization may further reduce the need for traditional paper products, contributing to the declining production volumes.

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