The data on processed cheese production in Sweden demonstrates a gradual decline from 2013 to 2019, where the production decreased from 5.17 thousand metric tons to 4.64 thousand metric tons. However, from 2019 onward, production remained relatively stable with minor fluctuations, reaching 4.75 thousand metric tons in 2023. This indicates a stabilization trend after the previous years of decline, with nearly no variation from 2022 to 2023.
The year-on-year changes have shown improved stability, particularly since 2020, which had a slight growth of 2.16% compared to the previous year. The five-year CAGR from 2019 to 2023 is +0.47%, indicating modest growth. Forecasts suggest this level of stability will continue, with minor annual growth expected, resulting in a forecasted 5-year CAGR of +0.04% up to 2028.
Future trends to watch for:
- Potential impacts of economic and environmental policies on dairy production.
- Changing consumer preferences towards natural and unprocessed cheeses.
- Impact of technological advancements and innovations in cheese processing.
