In 2023, Sweden's oilseeds processing stood at 399.0 thousand metric tons. Forecasted data suggests gradual growth in this sector, with values expected to reach 402.0 thousand metric tons in 2024, 405.0 in 2025, 409.0 in 2026, 412.0 in 2027, and 416.0 in 2028.
Year-on-year variations: - 2024: +0.75%- 2025: +0.75%- 2026: +0.99%- 2027: +0.73%- 2028: +0.97%
The compound annual growth rate (CAGR) over the forecasted five-year period is approximately 0.84%. This points to a steady and moderate upward trend in oilseeds processing volume.
Future trends to watch for:- Global demand for plant-based proteins could push production up further.- Technological advancements in processing efficiency may incrementally boost output.- Changes in agricultural policies and climate conditions could impact oilseeds supply.
