Forecast: Palm Oil Import Volume in Sweden

In 2023, Sweden's palm oil import volume stood at 180.0 thousand metric tons. According to the forecasted data, the import volume for 2024 is expected to be 182.0 thousand metric tons, showing a slight increase of 1.1% year-on-year. By 2025, the import volume is projected to rise to 184.0 thousand metric tons, indicating a further 1.1% increase from the previous year. The respective increases for the years 2026, 2027, and 2028 are 1.6%, 1.1%, and 1.1%. The Compound Annual Growth Rate (CAGR) for the period from 2023 to 2028 averages 1.2% annually.

Future trends to watch for include:

  • Global palm oil price volatility and its impact on import volumes.
  • Sustainability initiatives and regulations that might affect palm oil consumption.
  • Shifts in consumer preferences towards healthier and more sustainable alternatives.
  • Technological advancements in agricultural practices affecting palm oil production and supply chains.

Top Countries about Palm Oil