The land transport and pipeline transportation output in Sweden showed consistent growth from 2013 to 2019, except for a significant decline in 2020 due to external factors, likely attributed to the global pandemic. After bouncing back by 6.91% in 2021, the sector has seen positive but moderate growth since, with a Year-on-Year increase of 2.21% recorded in 2023, reaching 254.31 billion Swedish Kronas. Over the last five years, the CAGR has been modest at 2.03%, indicating stable but cautious growth. For the next five years, the forecast predicts a slower annual growth rate at a CAGR of 1.59%, resulting in an 8.18% total growth by 2028.
Future trends to watch for include the impact of green transportation initiatives, increased investment in infrastructure, and potential technological advancements in logistics. The sector's growth may also be influenced by shifts in global trade patterns, regulatory changes, and environmental policies aimed at reducing carbon emissions.
