The agricultural products and livestock sector in Sweden showed a total of 68.5 million hours in 2023. Forecasts for 2024 estimate 67.59 million hours, representing a -1.33% year-on-year variation. Subsequent forecasts show a declining trend: 66.67 million hours in 2025 (-1.36%), 65.94 million hours in 2026 (-1.10%), 65.35 million hours in 2027 (-0.89%), and 64.88 million hours in 2028 (-0.72%). The Compound Annual Growth Rate (CAGR) over the forecasted five-year period is -1.01%.
Future trends to watch for in the sector include technological advancements in agriculture, shifts towards sustainable farming practices, and potential government policies aimed at optimizing labor efficiency. These factors could significantly impact future labor needs and productivity metrics in the agricultural products and livestock sector.
