The palm oil market in Sweden has shown significant growth from 2012 to 2022, increasing from 96.28 million kilograms in 2012 to 169.32 million kilograms in 2022. While the early years saw rapid expansion, with a notable year-on-year increase of 39.26% in 2013, growth has stabilized in recent years. The highest CAGR was 10.37% in 2015, slowly declining to 2.17% by 2022. The decline of 7.77% in 2021 marked the first decrease in the given period, followed by a recovery in 2022.
Looking forward to 2024 and beyond, key future trends to monitor include sustainable sourcing practices, regulatory changes, and shifts in consumer preferences towards palm oil alternatives. By focusing on these areas, stakeholders can better anticipate market dynamics and make informed decisions.
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 740,180,000 | 2023 | -0.025% | -0.8% | View data |
| 2 | 2 United Kingdom | 663,350,000 | 2023 | +2.72% | +2% | View data |
| 3 | 3 Belgium | 563,500,000 | 2023 | +0.72% | +3.39% | View data |
| 4 | 4 Germany | 477,840,000 | 2023 | -4.48% | -2.35% | View data |
| 5 | 5 Sweden | 198,380,000 | 2023 | +4.07% | +4.92% | |
| 6 | 6 Denmark | 197,320,000 | 2023 | +5.8% | -0.45% | View data |
| 7 | 7 Lithuania | 15,850,000 | 2023 | +3.19% | +5.97% | View data |
