The soybean oil production in Sweden stood at 5.0 thousand metric tons in 2023. Forecasted data indicates a steady upward trend in production volumes, starting at 5.1 thousand metric tons in 2024 and reaching 5.35 thousand metric tons by 2028. This represents year-on-year percentage increases of approximately 1.2% from 2023 to 2024, 1.18% from 2024 to 2025, 1.16% from 2025 to 2026, and approximately 1.34% from 2026 to 2027. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is estimated to be around 1.33%, indicating consistent moderate growth.
Future trends to watch for include the adoption of sustainable farming practices, potential shifts in global demand and trade policies, and advancements in soybean oil extraction technologies which may impact production efficiency and output.
