In 2023, the industrial crops subsidies in Spain were at 94.72 million Euros. From 2024 onwards, the forecasted values indicate a consistent downward trend: 85.93 million Euros in 2024, 77.02 million Euros in 2025, 68.2 million Euros in 2026, 59.46 million Euros in 2027, and 50.8 million Euros in 2028. The year-on-year percentage variations are as follows:
• 2024: -9.27%
• 2025: -10.37%
• 2026: -11.46%
• 2027: -12.81%
• 2028: -14.59%
Over the last two years, subsidies have decreased by approximately 18.01%, while the Compound Annual Growth Rate (CAGR) over the past five years shows an average annual decrease of around 11.61%.
Future trends to watch for include potential policy changes, economic impacts on the agricultural sector, and environmental sustainability initiatives, all of which could further influence subsidy allocations.
