The production of Transportation and Warehousing in Sweden demonstrated consistent growth from 2013 to 2019. A notable dip occurred in 2020 with a 15.84% decline, likely due to the impacts of the COVID-19 pandemic. However, the sector quickly rebounded with a significant 16.81% growth in 2021. By 2023, the production value reached 663.78 Billion Swedish Kronas, marking a 1.9% increase from the previous year. The average annual growth rate over the past five years stood at 2.21%.
Looking forward, the projected growth remains steady with an anticipated year-on-year increase reaching 726.54 Billion Swedish Kronas by 2028. The forecasted Compound Annual Growth Rate (CAGR) over the next five years is estimated at 1.48%, indicating a moderately positive growth trajectory.
Future trends to watch for include advancements in logistics technology, sustainability practices in transportation, and potential market disruptions or opportunities owing to regulatory changes within the EU framework.
