In 2023, Sweden's sugar crop production was 1.65 million metric tons. The forecasted data for 2024 anticipates a slight decrease to 1.64 million metric tons. The following years continue this downward trend: 2025 (1.63 million metric tons), 2026 (1.61 million metric tons), 2027 (1.59 million metric tons), and 2028 (1.57 million metric tons). Year-on-year variations are modest, illustrating a consistent decrease, roughly ranging from 0.6% to 1.3% per year. The compound annual growth rate (CAGR) over the next five years shows an average annual decline of around 0.96%.
Future trends to watch for:
- Climate changes impacting crop yields.
- Technological advancements in agricultural techniques.
- Shifts in global sugar demand and prices.
- Government policies related to agriculture and trade.
