The total aquaculture production in Sweden is forecasted to grow moderately over the next five years, from 48.04 trillion USD in 2024 to 48.548 trillion USD in 2028. This reflects a consistent year-on-year increase of approximately 0.27%, indicating a stable upward trend.
Looking at year-on-year variations, the growth percentages are as follows:
- 2024-2025: ~0.27%
- 2025-2026: ~0.27%
- 2026-2027: ~0.26%
- 2027-2028: ~0.26%
The compound annual growth rate (CAGR) over the forecasted period (2024-2028) stands at approximately 0.27%. In 2023, the actual total aquaculture production was lower than the forecasted 48.04 trillion USD for 2024, indicating an upward trend beginning this year.
Future trends to watch include advancements in sustainable aquaculture practices, increased investment in aquaculture technology, and tightening environmental regulations. These factors could significantly impact production volumes and industry dynamics going forward.
