The refined olive oil market in Sweden experienced steady growth from 2013 to 2023, with the per capita consumption rising from 0.073 kg in 2013 to 0.17 kg in 2023. This represents a substantial increase. Notably, from 2019 to 2023, the Compound Annual Growth Rate (CAGR) was significant, highlighting an acceleration in consumption. Year-on-year growth for the last two years shows a consistent upward trend, from 0.15 kg in 2021 to 0.17 kg in 2023, indicating a stable demand within the Swedish market.

Future Trends to Watch:

Increased consumer awareness regarding the health benefits of olive oil, potentially boosting consumption.
Trends in sustainable and organic food consumption could further propel market growth.
Potential impact of economic conditions on consumer spending habits related to premium edible oils.