Soybean oil export volume in Sweden saw notable fluctuations between 2014 and 2024. The volume showed significant growth between 2014 and 2016, with a peak in 2017. 2018 saw a sharp decline, and the market has since stabilized with minor fluctuations. As of 2023, the export volume was at 12 thousand metric tons. The year-on-year variation over the last two years hovered at 0%, while the five-year CAGR until 2023 was 3.71%, signaling steady growth. Forecasts indicate a consistent volume of 12 thousand metric tons through 2025, with slight growth to 13 thousand metric tons by 2026-2028, reflecting a forecasted five-year CAGR of 1.61%, translating to an overall growth rate of 8.33% over the period.
Future trends to watch for include potential fluctuations due to global market dynamics, trade policies, and shifts in domestic production capabilities. Monitoring the developments in alternative vegetable oils and shifts in consumer preferences will also be crucial for understanding future export volumes.
