The pig production in Sweden showed a mixed trend over the past decade. In 2023, the production stood at 354.4 thousand metric tons. Notable fluctuations included a significant drop in 2020 by 5.32% year-on-year, followed by a recovery in 2021. The past five years have seen an overall slightly negative CAGR of -0.7%. Forecasting into the future, 2024 through 2028 suggests a continuation of this gradual decline with a forecasted CAGR of -0.27%, indicating that pig production in Sweden may face modest decreases.
Future trends to watch:
- Possible impacts of climate change on agricultural productivity.
- Changes in consumer preferences towards sustainable and alternative protein sources.
- Technological advancements in animal husbandry such as improved breeding techniques.
- Government regulations or policies affecting livestock farming practices.
- Global trade dynamics influencing imports and exports of pig products.