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WhatWood Biofuel Sveza increased wood-based panels production by 4.6% in 2021

Sveza increased wood-based panels production by 4.6% in 2021

15 February 2022 ` 19:21  

In 2021, Sveza produced 1.3 million m³ of plywood and particleboard, up by 4.6% from a year earlier. Sveza continued focusing on special and customized products and in 2021 doubled the output to achieve 13% of the total production. The company significantly increased the output of bioproducts — fuel briquettes made of birch dust. In 2020, Sveza produced 3,500 tons of fuel briquettes. In 2021, the output was more than five times more — 19,000 tons. The company also reported an unprecedented revenue growth by 60% to 57.1 billion rubles.

Traditionally, the Russian market dominated the company’s shipping geography accounting for 20% of Sveza’s total sales, while the North American, European, and East Asian markets continued to gain importance. The markets that demonstrated the largest growth of volume taken in a year were China, South Korea, the USA, and a number of European countries. In 2021, Sveza increased the share of contracts with new customers by 97%. Speaking in terms of order volumes, the fastest-growing segments were Furniture and Interiors (+63%), Construction (+46%), and LNG (+172%). The share of direct sales increased by 9 p.p. to 25%.

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