The Soya sauce market in Sweden has seen overall growth from 2012 to 2022, starting with a value of 7.9497 million euros in 2012 and reaching 16.075 million euros in 2022. Recent years showed varied growth, with year-on-year increases of 8.9% in 2021 and a modest 0.78% in 2022. Over the past five years, the CAGR stood at 6.99%, indicating a steady average annual growth rate. However, fluctuations within these years highlight market volatility, with some years like 2017 seeing a decline of -4.44%.
Future trends to watch for include potential market stabilization and continued moderate growth. Given the consistent demand for international cuisines, Soya sauce is expected to maintain its position, with consumer preferences and market innovation driving future trends. Keeping an eye on emerging health-conscious products and eco-friendly packaging will also be crucial.
How does Sweden rank in Soya Sauce Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 62,811,000 | 2023 | +3.02% | +4.74% | View data |
| 2 | 2 Spain | 26,781,000 | 2023 | +4.11% | +6.07% | View data |
| 3 | 3 Sweden | 16,964,000 | 2023 | +3.07% | +7.89% | |
| 4 | 4 Denmark | 3,368,400 | 2023 | -0.96% | -0.38% | View data |
| 5 | 5 Estonia | 1,431,700 | 2023 | +5.6% | +6.93% | View data |
