Sweden's import of undenatured ethyl alcohol has demonstrated considerable fluctuation over the past decade. Starting from a value of 164.33 million USD in 2013, the import value experienced significant growth, peaking at around 234.62 million USD in 2015. However, subsequent years saw periods of decline and moderate recovery, culminating in an import value of 238.19 million USD in 2023. Significant annual variations include a sharp increase in 2014 and a notable decline in 2020. Over the last five years, the compound annual growth rate (CAGR) averaged at approximately 2.32%.
Future trends to watch for include the anticipated steady growth in imports, with forecasted values reaching 264.78 million USD by 2028. Key factors that may influence these trends include shifts in industrial demand, potential changes in trade policies, and economic conditions affecting Sweden's import capabilities.
Overall, while historical data points to volatility, the forecast suggests a period of modest growth, averaging a 1.72% CAGR over the next five years.