Forecast: Medium Hard Cheese Production in Sweden

The production of medium hard cheese in Sweden exhibited a fluctuating yet generally upward trend from 2013 to 2023, peaking in 2022. However, there were some slight declines observed in certain years. As of 2023, the production stood at 37.88 thousand metric tons, reflecting a 1.64% year-on-year decrease from 2022, but a significant rise compared to earlier years such as 2013 and 2014. The compound annual growth rate (CAGR) over the last five years, ending in 2023, was a modest 0.3%.

Forecasts from 2024 onwards indicate a gradual decline in production, with a -1.1% CAGR anticipated through 2028. A cumulative decrease of 5.39% is expected over these five years.

Future trends to watch for include:

  • Potential impacts of consumer preferences shifting towards artisanal cheeses or other types of dairy products.
  • Regulatory changes or economic factors that might affect dairy farming and cheese production in Sweden.
  • Technological advancements in cheese production that could improve efficiency and output despite the forecasted decline.

Top Countries about Cheese