Forecast: Poultry Production in Sweden

The poultry production in Sweden showed steady growth from 2013 to 2023, starting at 126.0 thousand metric tons and reaching 172.6 thousand metric tons in 2023. This represents a significant increase over a decade, marked by fluctuations in growth rates. From 2013 to 2023, the compound annual growth rate (CAGR) averaged around 2.17%, despite several years of negative growth, such as in 2018 and 2020.

Year-on-year variations reflect a trend of consistent, albeit moderate, growth in recent years, with a notable spike in 2021 at 7.33%. However, growth in 2022 and 2023 slowed down to around 1.86% and 1.77%, respectively.

The forecast indicates a stable yet moderate growth trajectory with a projected CAGR of 1.39% from 2024 to 2028. Poultry production volumes are expected to reach approximately 188.52 thousand metric tons by 2028.

Future trends to watch for include potential impacts of technological advancements in production, changes in consumer preferences towards poultry, regulatory shifts, and market dynamics influenced by global trade policies and health concerns.

Top Countries about Animal Feed