In 2023, the demand for oilseeds in Sweden stood at 551.0 thousand metric tons. Based on the forecasted data, the demand is projected to reach 555.0 thousand metric tons in 2024 and remain steady through 2025. A marginal increase to 556.0 thousand metric tons is anticipated in 2026, followed by a further slight rise to 557.0 thousand metric tons in 2027 and 2028.
Year-on-year percentage variations are observed as follows:
- 2024: +0.73%
- 2025: 0.00%
- 2026: +0.18%
- 2027: +0.18%
- 2028: 0.00%
The Compound Annual Growth Rate (CAGR) over the last five years is observed at +0.18% indicating a modest but steady growth trend in the demand for oilseeds in Sweden.
Future trends to watch for include potential impacts of climate change on crop yields, shifts in consumer preferences towards plant-based diets, and changes in global trade policies affecting the oilseeds market. Additionally, innovation in agricultural technologies and practices could further influence the demand and supply dynamics in the coming years.