The Pork market in Sweden has seen a steady decline in volume over the last decade. In 2023, the volume stood at 305,000 metric tons, reflecting a year-on-year decrease of 0.33% and a five-year CAGR of -0.2%. From 2014 to 2023, the market has experienced gradual declines each year, with notable reductions in years such as 2015 (-1.27%) and 2017 (-1.28%). Forecasted data indicate this downward trend will persist, projecting a volume of 302,000 metric tons in 2028 and a five-year CAGR of -0.13%, forecasting a total shrinkage of 0.66% over the next five years.
Future trends to watch for:
- Consumer preferences shifting towards alternative protein sources.
- Impact of potential regulatory changes on pork production and sales.
- Influence of global trade policies on import and export dynamics.
- Technological advancements in agriculture and sustainable farming practices.