Forecast: Cereal Production in Sweden

From 2013 to 2022, Sweden's cereal production showed considerable volatility with significant year-on-year variations. Notable changes include a 45.2% decline in 2018 and an 88.57% increase in 2019. The estimated average annual growth rate (CAGR) from 2023 to 2028 is 0.34% indicating steady, modest growth. Specifically, in 2023 the production forecast is 5.4771 million metric tons with a projected value of 5.5951 by 2028.

Future trends in cereal production will likely involve the impacts of climate change, advancements in agricultural technology, and potential shifts in domestic and international demand. Monitoring these variables will be crucial for accurate forecasting.