The sold production volume of soya sauce in Sweden has shown a decreasing trend over the years, from 558.5 thousand kilograms in 2014 to 467.19 thousand kilograms in 2023. The production declined considerably until 2017, followed by a relatively steady pace of decline, with minor fluctuations from 2018 onwards.
The year-on-year variation showed a significant decline between 2015 and 2017, reaching its lowest point with a -9.23% change in 2017. Post-2017, the variations stabilized significantly with minor fluctuations, reflected in modest year-on-year changes such as -0.15% in 2023.
Over the last five years, the Compound Annual Growth Rate (CAGR) indicated an average annual decrease of approximately -0.66%, while the forecasted data for 2028 suggests a continuing slight decline with a forecasted CAGR of -0.11% and a five-year forecasted growth rate of -0.56%.
Future trends to watch for include potential shifts in consumer preferences towards more diverse or alternative condiments, sustainability initiatives affecting production, and potential impacts from global supply chain variations.
