The Wheat or Meslin Flour market in Sweden experienced fluctuating growth from 2013 to 2023. The market saw a period of decline from 2013 to 2014, followed by substantial growth in 2015. Moderate and consistent growth characterized the years 2016 to 2020, with a brief dip in 2021. The value stood at 531.55 million kilograms in 2023, reflecting a 1.03% increase from 2022. Over the last two years, the market demonstrated growth, recovering from the 2021 decline.
Looking at the longer-term trend, there is an overall positive growth trajectory, although the CAGR over the past five years is relatively modest at 0.5%. Projections for the future indicate continued growth with a forecasted CAGR of 0.77% from 2024 to 2028, cumulating in a 3.9% increase by 2028.
Future trends to watch for include potential shifts in consumer preferences towards healthier and organic flour options, as well as any trade policies or climatic conditions that could impact wheat production and supply.