The fruit production in Sweden has experienced significant fluctuations over the years, with values peaking in 2020 at €130.15 million and reaching a low in 2019 at €70.98 million. As of 2023, the value stood at €107.53 million. The year-on-year variation shows notable volatility, with an 83.36% increase in 2020 and a 24.03% decrease in 2019. The last two years saw a 20.67% increase in 2023 following a 17.04% drop in 2022. The Compound Annual Growth Rate (CAGR) has shown a moderate increase over the last five years, standing at 2.85% in 2023.
Looking forward, the forecasted growth rate for the next five years stands at an annual average of 2%, culminating in a total growth rate of 10.42% by 2028. This suggests a steadier upward trend compared to the past decade's volatility.
Future trends to watch for include:
- Effects of climate change on agricultural yields.
- Technological advancements in farming practices.
- Changes in EU agricultural policies and subsidies.
- Consumer preferences shifting towards organic and locally-produced fruits.
