The import of rollers, soil preparation, and cultivation machinery to Sweden witnessed varied trends from 2013 to 2023, measured in million US dollars. The value in 2023 stood at 37.673 million USD. While the period from 2013 to 2016 showed a decline in imports, there was a notable rebound starting from 2017. The year-on-year variations indicated significant fluctuations, including a peak increase of 25.83% in 2018, followed by a more stable trend in subsequent years.
From 2021 to 2023, the imports grew more moderately, with year-on-year increases of around 2.51% to 2.4%. Over the last five years (2018-2023), the CAGR was about 1.18%, suggesting modest growth.
In the forecast period from 2024 to 2028, the import values are projected to continue increasing, with an average annual growth rate (CAGR) of 1.82%, culminating in a 9.44% growth over five years.
Future trends to watch for include:
• Potential impacts of agricultural technological advancements.
• Shifts in government agricultural policies and subsidies.
• Fluctuating global economic conditions affecting investment in farming infrastructure.
