Sweden's Uranium and Thorium trade balance has experienced significant fluctuations over the past decade. Reaching a high in 2015, there was a notable dip in 2016 and 2017 before a sharp rise in 2018. The trade balance peaked again in 2018, but saw volatility in the subsequent years, hitting 780.0 metric tons in 2023. The year-on-year variation has been as high as 114.08% (2018) and as low as -31.24% (2016). The 5-year compound annual growth rate (CAGR) from 2019 to 2023 stood at -2.81%.
Forecasts indicate a relatively stable trend from 2024 onwards, with values consistently at 790.0 metric tons from 2025 to 2027, and finally reaching 800.0 metric tons in 2028, suggesting a 5-year CAGR of 0.33% going forward.
Future trends to watch include global demand shifts for nuclear materials, regulatory changes impacting the trade balance, and technological advancements in nuclear energy production. Monitoring these factors will be essential to understand deviations from the current forecast.