The production volumes of Agriculture, Forestry, and Seafood in Sweden have demonstrated fluctuations over the past years. In 2023, the sector stood at 170.76 billion Swedish Kronas. The data reveals varied year-on-year variations with notable drops in 2018 and 2020, whereas growth periods were visible in 2014, 2017, and 2021. Specifically, over the past two years, the sector experienced growth rates of 0.056% in both 2022 and 2023.
Looking at a longer timeline, production showed a compound annual growth rate (CAGR) of 0.37% over the last five years leading up to 2023. Forecast data points to stable growth, projecting values reaching 171.25 billion Swedish Kronas in 2028, with an expected CAGR of 0.05%.
Future trends to watch for include potential impacts of climate change, advancements in sustainable practices, and changes in global trade policies, which may significantly influence production volumes in this sector.
