Sweden's wheat production demonstrated significant fluctuations over the last decade. In 2023, production stood at 3.3031 million metric tons. Major variations included a steep decline in 2018 followed by a strong recovery in 2019. From 2022 to 2023, the production increased by 1.82%. Over the past five years, the compound annual growth rate (CAGR) averaged at approximately 1.41%, indicating moderate growth. Looking forward to 2028, a forecasted 7.24% growth is expected, suggesting steady production increases at a rate of 1.41% CAGR over the next five years.
Future trends to watch for include potential impacts of climate change on crop yields, advancements in agricultural technology, and shifts in global wheat demand. These factors could influence both the volume and stability of wheat production in Sweden in the coming years.
