Key Market Indicators
Swedish Dairy Products Sales are projected to remain steady at approximately €2.7 billion by 2028, mirroring the sales figures of 2023, with an average annual growth rate of 0%. Since 2013, the Swedish dairy market has seen a marginal annual increase of 0.1%. In 2023, Sweden ranked 12th in the European market, with Austria leading slightly ahead at €2.7 billion. Germany, Italy, and the Netherlands secured the 2nd, 3rd, and 4th positions, respectively. In terms of production, Swedish Dairy Products are expected to reach nearly €2.5 billion by 2028, up from €2.45 billion in 2023, marking a modest 0.2% annual growth rate. Over the past decade, the production rate has seen a more significant rise, averaging an annual increase of 0.6%. In 2023, Sweden was the 14th largest producer, with Greece surpassing it at €2.45 billion. Germany, Italy, and the Netherlands also led in production, maintaining their 2nd, 3rd, and 4th ranks. Dairy Products Consumption in Sweden is anticipated to decline, reaching around 1.4 billion kilograms by 2028, down from 1.5 billion kilograms in 2023. This represents an average annual decrease of 0.8%. Historically, since 2013, the demand for dairy products in Sweden has increased by an average of 0.9% per year. Italy, the United Kingdom, and France were the major consumers, ranking 2nd, 3rd, and 4th, respectively.
