The maize market volume in Sweden has shown a mixed trend from 2014 to 2023. Starting from 10.0 thousand metric tons in 2014, it saw a steady increase to 11.0 thousand metric tons by 2015, with no further growth till 2017. A significant surge occurred in 2018, reaching 17.0 thousand metric tons. Thereafter, the market stabilized around 16.0 - 17.0 thousand metric tons until 2022, with a notable final increase to 18.0 thousand metric tons in 2023.
Key trends and variations over the past years include:
- 2014-2015: 10.0% increase
- 2018: substantial 54.55% growth
- 2019: decrease of 5.88%
- 2023: year-on-year increase of 5.88%, with a CAGR over the last five years at 1.15%
- Forecast (2028): A forecasted 5-year CAGR of 2.13%, leading to a projected market size of 20.0 thousand metric tons.
Future trends to watch for include potential regulatory changes, shifts in consumer preferences towards more maize-based products, and developments in agricultural technology that could impact production efficiencies and yield. Additionally, climate change issues could affect future supply stability.
