Key Market Indicators
The Agricultural GDP of Iceland is projected to grow 1.4% year on year until 2026, reaching around $219 million. This is an increase from $201 million in 2021. Since 2002, the Icelandic agricultural market has grown an average of 1.5% every year. In the same period, Iceland's agricultural production is expected to rise 1.3% year on year, reaching $336 million by 2026. This is an increase from $309 million in 2021. Since 1996, the supply of Icelandic agricultural goods has risen at an average of 2.5% every year.