The Fresh Cheese Market in Sweden has experienced various fluctuations in volume per capita over the last decade. The market saw a rise from 2012 with 1.61 kg per capita to a peak in 2014 at 2.01 kg per capita. A notable decline occurred from 2016 to 2018, with the value falling to 1.4 kg per capita. Following this, slight recoveries and stability were observed from 2019 onwards, with the value stabilizing around 1.56 - 1.57 kg per capita up to 2022.
In 2023, the volume stood at 1.57 kg per capita, showing marginal growth from the previous two years, maintaining the 2022 value. However, it's important to note the complexity in consumption patterns, as the overall trend since 2014 shows a sustained decrease with minor fluctuations.
Year-on-year variations highlighted persistence and modest volatility:
- 2012-2013: +21.11%
- 2013-2014: +3.08%
- 2014-2015: -12.94%
- 2015-2016: -15.43%
- 2016-2017: -2.03%
- 2017-2018: -3.45%
- 2018-2019: +14.29%
- 2019-2020: -2.50%
- 2020-2021: 0.00%
- 2021-2022: +0.64%
The last CAGR over the preceding five years from 2018 to 2023 indicates an average annual growth of approximately 2.35%, signifying slight recovery efforts and market stabilization.
Looking ahead, crucial factors to monitor include changing consumer preferences, innovation in fresh cheese varieties, and economic influences affecting household consumption. It remains crucial to watch for emerging health trends and greater demand for organic products in the forecasted period beyond 2024.
How does Sweden rank in Fresh Cheese Market Size Volume Per Capita?
| # | 17 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 15.5 | 2023 | View data | ||
| 2 | 2 Lithuania | 14.48 | 2023 | View data | ||
| 3 | 3 Estonia | 12.82 | 2023 | View data | ||
| 4 | 4 Latvia | 12.48 | 2023 | View data | ||
| 5 | 5 Poland | 11.86 | 2023 | View data | ||
| 15 | 15 Romania | 4.01 | 2023 | View data | ||
| 16 | 16 Portugal | 2.83 | 2023 | View data | ||
| 17 | 17 Sweden | 1.58 | 2023 | |||