The Agricultural Services Output Production in Denmark was valued at 630.59 million Euros in 2023. From 2013 to 2023, the output displayed a varied but overall increasing trend with occasional declines. Significant year-on-year variations included a 5.65% increase in 2015 and a 2.55% decrease in 2016. Recent years showed moderate growth with a 1.96% increase in 2022 and a 1.56% increase in 2023. Analyzing the past five years, the compound annual growth rate (CAGR) stood at 1.37%.
Forecasts from 2024 to 2028 project continuous growth, with an anticipated output of 679.37 million Euros by 2028, reflecting a forecasted 5-year CAGR of 1.19%. This indicates a steady growth path with a 6.08% total growth rate over the forecast period.
Future trends to watch for in Denmark's agricultural services sector include:
- Technological advancements in agricultural services impacting productivity
- Policy changes related to agriculture and trade
- Environmental sustainability measures influencing service demand
