Analyzing the forecasted sold production of forestry machinery in Sweden from 2024 to 2028 reveals a gradual decline over the years. In 2024, the production is valued at 96.114 million euros and is projected to decrease to 95.424 million euros by 2028.
Compared to 2023, both year-on-year variations and the CAGR point towards a slight but consistent decline. The value dropped from 96.114 million euros in 2024 to 95.424 million euros in 2028, indicating an under 1% drop annually on average.
Future trends to watch for include:
- Innovations in sustainable and automated forestry machinery.
- Government policies influencing the forestry sector.
- Market demand for more efficient and eco-friendly machinery.
- Global economic conditions affecting investments in forestry equipment.
