The coffee demand in Sweden is showing a steady upward trend. In 2023, the coffee demand stood at 102.12 thousand metric tons. The forecasted data for the subsequent years indicates a gradual increase: 102.54 thousand metric tons in 2024, 102.96 thousand metric tons in 2025, 103.38 thousand metric tons in 2026, 103.79 thousand metric tons in 2027, and 104.19 thousand metric tons in 2028.
Year-on-year variations suggest a modest growth in coffee demand:
- 2024 vs. 2023: +0.41% (from 102.12 to 102.54)
- 2025 vs. 2024: +0.41%
- 2026 vs. 2025: +0.41%
- 2027 vs. 2026: +0.40%
- 2028 vs. 2027: +0.39%
The Compound Annual Growth Rate (CAGR) over the next five years is approximately 0.41%, reflecting consistent, albeit slow, growth in coffee consumption.
Future trends to watch for include potential market shifts due to evolving consumer preferences, the impact of sustainability practices in coffee production, and economic factors such as disposable income and population demographics. Increased focus on specialty coffee and the rise of coffee shop culture in urban areas could also influence future demand.
