Forecast: Production of Agriculture, Forestry and Seafood in Sweden

The production of agriculture, forestry, and seafood in Sweden has shown a fluctuating trend from 2013 to 2023, starting at 166.7 billion SEK in 2013 and increasing to 203.43 billion SEK in 2023. The period witnessed notable variability with significant growth in certain years such as 2017 and 2018, contrasted by marked declines in 2020. The year-on-year variation in 2023 was 1.33%, while the compound annual growth rate (CAGR) for the past five years stood at 1.63%.

Looking forward, between 2024 and 2028, the production is expected to continue growing, reaching 216.79 billion SEK by 2028. The forecasted 5-year CAGR is 1.06%, indicating a steadier yet moderate growth trajectory. Key future trends to watch for include the impact of climate change on agricultural yields, advancements in sustainable fishing practices, and potential government policy shifts aimed at boosting ecological forestry.

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