Between 2013 and 2023, production of fresh dairy products in Sweden has shown a consistent decline. Actual data reveals a decrease from 1.22 million metric tons in 2013 to 0.95112 million metric tons in 2023. Year-on-year variations have mostly been negative, with an average annual decrease (CAGR) of -2.66% over the last five years.
Forecast data from 2024 through 2028 indicates a continued decline, with projected production falling to 0.8332 million metric tons by 2028. The forecasted five-year CAGR is -2.12%, translating to a total decrease of 10.15% over this period.
Future trends to watch for include:
- Potential shifts in consumer preferences towards plant-based alternatives.
- Impact of technological advancements in dairy farming.
- Changes in trade policies affecting dairy imports and exports.
