Between 2012 and 2022, the fresh cheese market in Sweden exhibited noticeable fluctuations in value per capita. The market value peaked in 2014 at 10.6 Percent Euros Per Capita but experienced a general downward trend from 2015 onwards, with a notable dip to 7.63 Percent Euros Per Capita in 2016. Slight recoveries were observed in subsequent years, achieving 9.05 Percent Euros Per Capita in 2019. However, the value declined again toward the end of the period, stabilizing around 8.58 Percent Euros Per Capita in 2022.
Year-on-year variations indicate a moderate decline over the last two years, with values slightly decreasing by approximately 0.2% from 2021 to 2022. The compound annual growth rate (CAGR) over the last five years shows an average annual decrease of about 0.5%.
Looking ahead, future trends to watch for include the potential impacts of shifts in consumer preferences towards healthier and locally produced cheese options, as well as the influence of inflation and changes in disposable income on consumer purchasing behavior. Additionally, innovations in production methods and product offerings may play a crucial role in shaping market dynamics.
How does Sweden rank in Fresh Cheese Market Size Value Per Capita?
| # | 17 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 113.34 | 2023 | View data | ||
| 2 | 2 Lithuania | 66.28 | 2023 | View data | ||
| 3 | 3 Latvia | 56.51 | 2023 | View data | ||
| 4 | 4 Estonia | 53.99 | 2023 | View data | ||
| 5 | 5 Poland | 37.57 | 2023 | View data | ||
| 15 | 15 Romania | 14.84 | 2023 | View data | ||
| 16 | 16 Germany | 12.96 | 2023 | View data | ||
| 17 | 17 Sweden | 8.55 | 2023 | |||