Over the past decade, Sweden's meat import volume has demonstrated fluctuations, beginning at 313.53 thousand metric tons in 2013 and reaching 358.36 thousand metric tons in 2023. Notably, an irregular upward trajectory has been observed from 2018 onwards, with a brief dip in 2020. The year-on-year variation illustrates this volatility, though recent years (2022-2023) show a more stable increase, with a 1.28% growth rate, reflecting a smoother trend compared to earlier years. The compound annual growth rate (CAGR) over the last five years ending in 2023, however, indicates a marginal decrease at -0.28%, suggesting some market stabilization.
Forecasts for 2024 to 2028 predict modest growth, with the volume expected to rise from 362.58 thousand metric tons to 376.88 thousand metric tons by 2028. The forecasted CAGR over the next five years is estimated at 0.78%, signaling a steady yet moderate upward trend. Future meat import growth rates suggest an overall growth of 3.94% by 2028, reflecting consistent yet tempered demand.
Future trends to watch for include potential impacts of dietary shifts towards plant-based alternatives, changes in trade policies post-pandemic, and sustainability concerns influencing import patterns. Increased consumer awareness and health consciousness could affect meat consumption and import trajectories.