The forecast for rapeseed oil production in Sweden shows a steady increase from 141.07 Thousand Metric Tons in 2024 to 147.71 Thousand Metric Tons in 2028. In 2023, the production stood at 139.50 Thousand Metric Tons. Year-on-year, the production is expected to grow by approximately 1.21% in 2024, 1.21% in 2025, 1.17% in 2026, 1.14% in 2027, and 1.10% in 2028. The Compound Annual Growth Rate (CAGR) over the five-year period from 2023 to 2028 is around 1.17%.
Future trends to watch for include potential technological advancements in crop yield, climate change impacts on agricultural output, and shifts in global demand for rapeseed oil. Additionally, changes in trade policies and biofuel industry developments could significantly influence production levels.
