The fruit and vegetable processing turnover in Sweden has demonstrated significant volatility over the past decade. From 2013 to 2015, the sector's value showcased substantial growth, peaking in 2015 with a 39.24% increase from 2014. Subsequent years, however, experienced dramatic declines, with a particularly sharp drop of 39.51% in 2018. This downturn was followed by a modest recovery phase, achieving a positive year-on-year change of 34.64% in 2019 and a steadier growth until 2020. The period from 2021 to 2023 has seen minor declines, with the value in 2023 being €0.9174 billion.
The average annual growth rate (CAGR) over the past five years indicates a decrease of -0.5%, predicting similar reduction trends through to 2028. Looking at the last two-year variation, the year-on-year decline was less severe, indicating potential stabilization in the near future.
Future trends to watch for:
- Potential stabilization of market values
- Impact of technological advancements on processing efficiency
- Changes in consumer preferences towards organic and locally sourced produce
- Influences of global supply chain disruptions