The Swedish market for bacon and other cured cuts has shown a noticeable decline over the past decade, reaching a volume of 16.967 million kilograms in 2023. The market experienced significant fluctuations, with a dramatic decrease from 2016 and a slight recovery in 2019. However, the overall trend from 2019 to 2023 was downward, marked by consecutive year-on-year declines in the last three years.
Key observations include:
- The market contracted by 3.63% from 2022 to 2023.
- The five-year compound annual growth rate (CAGR) was -1.65%.
- Sharp declines occurred in 2016 and 2021, impacting overall growth.
Future trends to watch include consumer preferences shifting towards healthier and plant-based alternatives, which could further impact market size. Additionally, any regulatory changes or shifts in import-export dynamics within the EU could influence future market volume.
How does Sweden rank in Bacon and Other Cured Cuts Market Size Volume?
| # | 18 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 373,410,000 | 2023 | -3.07% | -2% | View data |
| 2 | 2 Germany | 124,680,000 | 2023 | +0.016% | -0.014% | View data |
| 3 | 3 France | 92,383,000 | 2023 | +1.11% | +0.57% | View data |
| 4 | 4 Ireland | 69,290,000 | 2023 | +3.68% | +2.71% | View data |
| 5 | 5 Romania | 56,100,000 | 2023 | +1.37% | +0.6% | View data |
| 8 | 8 Austria | 20,388,000 | 2023 | +7.12% | +3.85% | View data |
| 9 | 9 Czech Republic | 18,322,000 | 2023 | +1.09% | +1.35% | View data |
| 10 | 10 Sweden | 16,967,000 | 2023 | -3.63% | -1.65% | |
| 11 | 11 Lithuania | 14,220,000 | 2023 | +1.99% | +1.1% | View data |
| 12 | 12 Slovakia | 12,309,000 | 2023 | +4.53% | -0.37% | View data |
