The pelagic fish market in Sweden showed fluctuating trends between 2014 and 2023, starting at 43.98 thousand metric tons in 2014 and reaching 57.36 thousand metric tons in 2023, reflecting a steady increase. However, significant variations were recorded, such as a 21.2% rise in 2016 and a sharp 15.74% drop in 2020. The last five years up to 2023 exhibited a compound annual growth rate (CAGR) of 1.38%. The year-on-year growth in 2023 was moderate at 1.38%, indicating stable market conditions.
Looking ahead, the forecast suggests a continuous increase, reaching 61.24 thousand metric tons by 2028, with a 5-year CAGR of 1.09% and overall forecasted growth of 5.56%. Future trends to watch for include sustainability practices in fishery management, technological advancements in fishing methods, and possible impacts of climate change on fish availability.
