Between 2013 and 2023, India's export of grapes to Sweden exhibited significant fluctuations. The year-on-year variations saw peaks and troughs, with notable declines in 2015, 2018, and 2020. By 2023, the export volume stood at 0.526 thousand metric tons, marking a 16.63% increase from the previous year. The last five years from 2018 to 2023 reflected an average annual growth rate (CAGR) of 4.41%, indicating a positive but modest recovery after earlier declines.
Looking ahead, the forecast from 2024 to 2028 anticipates a gradual increase, with the volume projected to reach 0.649 thousand metric tons by 2028. The forecasted 5-year CAGR is 3.33%, reflecting steady growth compared to previous volatility. Over the next five years, expect a cumulative growth of 17.79% in export volume.
Future trends to watch for include potential market expansion due to increasing demand in Sweden, advancements in agricultural practices improving yield, and potential impacts of global trade policies which could affect export dynamics from India to Sweden.
