The gross investment in the manufacture of weapons and ammunition sector in Sweden has demonstrated a highly volatile past. Actual values have fluctuated significantly from 2013 to 2023, with notable peaks in 2017 and 2019. The sector saw a substantial increase of over 200% in 2017 followed by a subsequent dip and another significant rise in 2019. The last two years, 2022 and 2023, saw increases of approximately 13.81% and 10.47%, respectively, indicating a trend toward recovery and growth. As of 2023, the gross investment stood at 159.3 million Swedish Kronas. The CAGR over the past five years shows an average annual increase of 11.53%, reflecting a positive trend despite yearly fluctuations.
Looking forward to the period from 2024 to 2028, the gross investment in this sector is expected to grow steadily, with forecast values indicating incremental increases each year. The forecast five-year CAGR of 3.7% and a cumulative growth rate of 19.9% suggest a stable growth trajectory.
Future trends to watch for include:
- Geopolitical shifts that could either drive further investment or cause budget reallocations.
- Technological advancements in weaponry and ammunition affecting production costs and, consequently, investment levels.
- Policy changes within Sweden and the broader EU regulations impacting defense spending and manufacturing.
