Forecast: Skimmed Milk Production in Sweden

The forecast for skimmed milk production in Sweden from 2024 to 2028 shows a consistent declining trend. In 2023, the production stood at a higher level before decreasing to 106.27 thousand metric tons in 2024. The year-on-year percentage variation from 2024 to 2025 is approximately -3.93%. This trend continues with a year-on-year decrease of around -4.07% in 2026, -4.20% in 2027, and -4.36% in 2028. Collectively, the compound annual growth rate (CAGR) over this five-year period reflects an average annual decline in production of -4.10%.

Future trends to watch for include potential impacts from changes in consumer preferences towards plant-based alternatives, governmental policies on dairy production, and advancements in dairy farming technology. Monitoring these factors will be critical in understanding the dynamics of the skimmed milk market in Sweden.

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