The groundwater abstraction for agriculture in Denmark experienced significant fluctuations from 2013 through 2023. The value stood at 307.1 million cubic meters in 2023. Year-on-year variations have showcased considerable volatility, with notable peaks in 2014 and 2018 and downturns in 2015, 2016, 2019, and 2023. Over the last five years, from 2019 to 2023, the compound annual growth rate (CAGR) witnessed a decline of -6.48%. This indicates a general downward trend in groundwater abstraction in the recent past.
Looking forward, the forecast data from 2024 to 2028 suggests a stabilization in agricultural groundwater abstraction, maintaining a nearly constant value around 307 million cubic meters. The forecasted five-year CAGR stands at 0%, reflecting a halt in the previous variability. This could be indicative of effective water management practices or a shift in agricultural practices.
Future trends to watch for include the impact of climate change on water resources, advancements in irrigation technology, and regulatory changes that might affect water usage policies in agriculture. Monitoring these factors will be crucial in understanding potential shifts in groundwater abstraction rates.
