The analysis of wheat feed usage in Sweden from 2014 to 2023 shows significant fluctuations, highlighted by a peak in 2017 and a sharp decline in 2018. Notably, the year-on-year variations reveal substantial volatility, with the most dramatic change being in 2018 when wheat feed usage plummeted by nearly 50%. From 2019 onward, a consistent decline is observed, with the value for 2023 recorded at 604 thousand metric tons, marking a 4.43% decrease from the previous year.
Forecast data from 2024 to 2028 indicate a continuing downward trend, with an average yearly decline (CAGR) of 4.51%. By 2028, wheat feed usage is projected to decrease by roughly 20.59% from 2023 levels, suggesting ongoing contraction in the sector.
Future trends to watch for include potential changes in agricultural policies, impacts of climate change on wheat production, and shifts in dietary patterns affecting feed demand.
