In 2023, Sweden's meat production stood at 548.21 thousand metric tons. Observing the historical data from 2013 to 2023, several fluctuations occurred, with notable declines in 2016 and 2020. The year-on-year variation was most significant in 2020 with a decrease of 4.57%, and the highest increase was in 2021 at 5.43%. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) has been relatively stable at 0.11%.
Based on current forecasts from 2024 to 2028, meat production in Sweden is projected to grow gradually, with a forecasted CAGR of 0.12%. This portrays a stable growth environment for the industry.
Future trends to watch for include:
- Technological advancements in meat production and processing.
- Shifts in consumer preferences toward plant-based and alternative proteins.
- Changes in government regulations and sustainability initiatives.
- Potential impacts of global trade policies and economic conditions on meat production and exports.
