The import of oil seeds, oleaginous fruits, grain, and seed into Sweden has exhibited a generally upward trend in value since 2013, with minor fluctuations. In 2023, imports stood at $228.64 million. Over the previous two years, year-on-year variations were relatively stable, with growth rates of 2.11% in 2022 and 2.03% in 2023. The average annual growth rate (CAGR) over the last five years was 1.49%.
Future trends to watch for:
- Sustainability: Increasing focus on sustainable agriculture and sourcing practices may impact import volumes and values.
- Geopolitical Effects: Global trade policies and geopolitical developments could affect the supply chain and pricing.
- Technological Advancements: Innovations in agricultural technology and seed genetics could influence the types of seeds and grains imported.