Veneer sheets market in Sweden

Earlier Report Observations

Between 2018 and 2020, the Swedish veneer sheets market was shaped by established industry players and a strong consumer preference for sustainable wood products, aligning with broader European trends. The market in 2020 was indirectly affected by global supply chain disruptions due to the COVID-19 pandemic, which impacted trade flows. However, the accelerated shift in demand towards eco-friendly materials during this period helped support market activity.

From 2021 to 2023, EU-level regulatory pressures, including the increased adoption of CE-marking standards for wood-based panels, acted as a key driver for the market. These requirements spurred compliance investments and reinforced demand for certified veneer sheets, contributing to market growth. While broader economic factors in 2023 led to a notable decrease in production and export values, the overall market size continued to expand, sustained by the underlying demand for environmentally responsible construction materials.

In 2024, the Swedish veneer sheets market experienced a significant surge, with its value rising to $54.7 million. This growth was primarily driven by the post-pandemic recovery in construction and renovation activities across Europe, coupled with the persistent influence of EU sustainability regulations that favor the use of certified and eco-friendly wood products.

Production veneer sheets in Sweden

In value, 2017-2020, K $ US

Annual dynamics of production in Sweden in value, 2017-2020, K $ US

In kind, 2017-2020, K m³

Top producers of veneer sheets, 2017-2020

World map of production of veneer sheets, 2017-2020

Market performance showed significant fluctuations during this period. Production reached its lowest point in 2017 and peaked in 2019, with a 1.7-fold difference between these years. In 2020, Sweden produced 46 K m³ of veneer sheets, which represents a 23.8% decrease compared to the previous year. The highest production volume was recorded in 2019 at 60 K m³, while the largest year-on-year increase occurred in 2019 with a growth of 71.4%.

Annual dynamics of production in Sweden in kind, 2017-2020, K m³

Exports veneer sheets from Sweden

Exports in kind, m³

Sweden's veneer sheet exports have grown for the third consecutive year. In 2020, exports reached 51 593 m³, marking a 17.2% increase from the previous year. Between 2017 and 2020, exports rose by 69.9%, which translates to an average annual growth rate of 19.3%.

Annual dynamics of product's exports from Sweden in kind, 2017-2020, m³

From 2017 to 2020, Germany, Austria, and France were the leading destinations for Sweden's veneer sheet exports in volume terms. Germany accounted for 20.7% of exports, Austria for 16.9%, and France for 14.8%. Together, these three countries represented 52.4% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Sweden in kind, 2017-2020

Exports in value, K $ US

In 2020, Sweden's cross-border shipments of veneer sheets reached 23 774 K $ US, reflecting a 14.0% increase compared to the previous year. Between 2017 and 2020, exports grew by 36.8%, with an average annual rate of 11.0%. The largest decline occurred in 2019 at 4.8%, while the highest increase was recorded in 2018 with a 26.0% rise.

Annual dynamics of product's exports from Sweden in value, 2017-2020, K $ US

From 2017 to 2020, Germany, Austria, and France were the main buyers of Swedish veneer sheets in value terms. Germany represented 20.0% of exports, Austria 19.6%, and France 12.4%. Collectively, these three countries accounted for 52.1% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Sweden in value, 2017-2020

Imports veneer sheets to Sweden

Imports in kind, m³

After two years of decline, Sweden's veneer sheet imports increased in 2020. The country imported 13 018 m³, which is a 0.9% rise compared to the previous year. Over the period from 2017 to 2020, imports decreased by 14.9%, with a compound annual growth rate of -5.2%. The lowest import volume was recorded in 2019 at 12 904 m³, and the largest year-on-year decline also occurred in 2019 with a 15.4% drop.

Annual dynamics of product's imports to Sweden in kind, 2017-2020, m³

From 2017 to 2020, Finland, Serbia, and Romania were the key sources for Sweden's veneer sheet imports in volume terms. Finland supplied 33.9% of imports, Serbia 12.6%, and Romania 10.5%. Together, these three countries made up 57.0% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Sweden in kind, 2017-2020

Imports in value, K $ US

In 2020, Sweden imported veneer sheets worth 24 533 K $ US, showing a 4.4% increase over the previous year. Over the period from 2017 to 2020, imports decreased by 5.8%, with a compound annual growth rate of -2.0%. The lowest value was recorded in 2019 at 24 533 K $ US, while the highest was in 2018 at 32 470 K $ US. The largest decline occurred in 2019 with a 24.4% drop, and the largest increase was in 2018 with a 19.5% rise.

Annual dynamics of product's imports to Sweden in value, 2017-2020, K $ US

From 2017 to 2020, Sweden's veneer sheet imports in value terms were distributed across a diverse range of partner countries. Romania accounted for 22.3% of imports, Serbia for 12.2%, and Germany for 11.5%. Together, these three countries represented 46.0% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Sweden in value, 2017-2020