The export of munitions of war, ammunition, and projectiles from Sweden has shown notable fluctuations over the past decade. In 2023, the export volume stood at 31.96 thousand kilograms. After significant growth spikes in 2017 and consistent growth from 2019 to 2023, the recent year-on-year variation was a moderate 4.66%. The compound annual growth rate (CAGR) over the last five years showed a steady 5.41%. Projected data indicates a continued upward trend, with an average annual growth rate of 3.3%, resulting in a 17.61% increase by 2028.
Future trends to watch for include geopolitical shifts and changes in defense spending, which could impact the demand for munitions exports from Sweden. Additionally, advancements in technology and new defense strategies may influence the types and quantities of exported munitions.
