Forecast: Nursery Plants Production in Sweden

The nursery plants production in Sweden for 2023 stood at 198.8 million Euros. Reviewing the data, nursery plants production experienced consistent growth since 2020, with particularly strong year-on-year increases noted from 2020: from 18.57% in 2020 to a peak growth of 22.6% in 2022, and then a moderated rise of 13.25% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years was notably high at 14.95%. Looking ahead, the forecast for 2024-2028 indicates a more moderate yet positive growth with a 5-year forecast CAGR of 6.4%, projecting a total increase of 36.4% by 2028.

Future trends to watch for:

  • Increased environmental and sustainability awareness driving demand for nursery plants.
  • Advances in horticultural technologies and techniques.
  • Changes in consumer preferences towards urban gardening and green spaces.
  • Potential economic factors influencing production costs and pricing strategies.
  • Impact of government policies on agricultural practices and nursery plant production incentives.

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