From 2014 to 2023, the nuts market volume in Sweden has seen a general declining trend, starting at 20.0 thousand metric tons and settling at 19.0 thousand metric tons by 2023. The years 2016 and 2017 experienced notable drops with year-on-year decreases of -5% and -5.26% respectively. However, 2018 rebounded with a significant increase of 11.11%. Since 2019, the market volume appears to have stabilized at 19.0 thousand metric tons with no year-on-year growth reported through 2023. The compound annual growth rate (CAGR) over the past five years stands at -1.02%, indicating a slight but consistent decline.
Looking ahead, from 2024 to 2028, the market is forecasted to maintain a stable volume of 19.0 thousand metric tons with a zero percent growth rate and no notable fluctuations expected.
Future trends to watch for include potential changes in consumer preferences towards healthier snacks, sustainability concerns driving organic and eco-friendly packaging, and economic factors that might impact disposable incomes and purchasing power.
