Forecast: Imports of Bioethanol in Sweden

The imports of bioethanol in Sweden have shown notable fluctuations over the past decade. In 2013, the imports stood at 173.33 thousand metric tons. Over the years, there was a mix of increases and decreases in the annual import values. The most significant yearly gains occurred in 2018 and 2015, with increases of 35.64% and 28.01% respectively. Conversely, there were notable drops such as -15.2% in 2016 and -16.43% in 2020. By 2023, imports reached 296.81 thousand metric tons, representing a year-on-year growth of 6.47% and a 5-year CAGR of 3.08%.

The forecast for 2024 and beyond indicates a steady growth pattern, with a predicted import value of 339 thousand metric tons by 2028 and a forecasted 5-year CAGR of 2.11%, translating to a total growth of 11.03% from 2023 to 2028.

Future trends to watch include:

  • Influence of regulatory changes in Sweden and the EU on bioethanol imports.
  • Technological advancements in biofuel production and their impact on import needs.
  • Global market dynamics, including changes in suppliers and international trade policies.
  • Movements towards sustainability and renewable energy adoption rates in Sweden.

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