The land transport and transport via pipelines sector in Sweden is forecasted to grow steadily over the next five years. Starting from a production value of 253.1 billion SEK in 2024, the sector is expected to increase to 271.56 billion SEK by 2028. This represents a consistent year-on-year growth rate, with a significant compounded annual growth rate (CAGR) that reflects strong sectoral health.
From 2023 to 2024, the sector experienced a notable increase, serving as a strong foundation for the subsequent forecasted growth. Year-on-year, the sector is expected to grow approximately by:
- 2024-2025: 1.85%
- 2025-2026: 1.80%
- 2026-2027: 1.75%
- 2027-2028: 1.70%
The average annual growth rate over the forecasted period is expected to hover around these figures, ensuring a stable upward trend.
Future trends to watch for include the increasing integration of green technologies and sustainability practices, which could further drive growth and innovation in this sector. Additionally, shifts in regulatory frameworks and advancements in pipeline technology may also play crucial roles in shaping future outcomes.