The forecast for Organic Industrial Crops Production in Sweden shows a steady increase from 2024 to 2028. The production value is expected to rise from 19.31 thousand metric tons in 2024 to 22.64 thousand metric tons by 2028. This represents a year-on-year growth of approximately 4.4% from 2024 to 2025, increasing consistently each year.
Based on the year-on-year percentage increase:
- 2024 to 2025: 4.4%
- 2025 to 2026: 4.1%
- 2026 to 2027: 3.9%
- 2027 to 2028: 3.8%
Assuming a similar growth post-2023, the Production Value in 2023 is forecasted to be around 18.5 thousand metric tons. This suggests a cumulative average growth rate (CAGR) of 4.05% over the next five years.
Future trends to watch for include potential changes in agricultural policies, advancements in organic farming technology, and market demand shifts for organic industrial crops both domestically and internationally.